The Art of Squeezing Money from Your Building (NY)

Savvy co-op and condo boards are perpetually on the lookout for ways to raise revenue so they can meet rising expenses while keeping monthly maintenance low. Boards have been known to sell their air rights or rent roof space for cell-phone relay towers. Or switch from park-and-lock to valet service in their parking garages. Or add a level to a penthouse apartment, increasing the number of shares and the income from monthly maintenance.    Read the article………….


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