Condo Challenges: How to Raise Money for Building Projects

Problem Solved! For Co-ops and Condos

To meet the high cost of maintaining condo properties, boards often have to make the hard choice between borrowing money or imposing assessments on unit-owners. Either way, there are decisions of fairness to consider and important operational details to work out. In this episode, Mohammed Salyani, a principal at the accounting firm WilkinGuttenplan, explains the ramifications of various options. Mohammed Salyani is interviewed by Carol Ott for Habitat Magazine.

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