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Co-op and condo boards shift deductible costs to owners
12+ hour, 47+ min ago (342+ words) New York's Cooperative and Condominium Community Frank Lovece in Legal/Financial on August 31, 2026 For years, when a co-op or condo board filed a claim under its master insurance policy, the deductible was simply another shared expense. It was paid from…...
Condo board cuts insurance costs by amending bylaws
5+ mon, 3+ week ago (469+ words) Upper West Side, Manhattan March 6, 2026 — By passing some responsibility onto unit-owners, board was able to cut insurance premiums. Savvy co-op and condo boards are always on the lookout for ways to soften today's hard insurance market — a brutal world of…...