Shareholder Jules C. Frankel was featured in this article that originally appeared in The Cooperator Magazine.
"It’s the same dilemma that single-family households across the U.S. are facing: What bills need to be paid immediately and what bills can wait? And should we stretch ourselves thin, taking more out of our bank accounts to pay for private schools and that desperately needed vacation? Or should we cut back on restaurants and renovations to put more into savings? The same goes for co-op and condo buildings. While it may be tempting to delay payment on some bills, or delay expenditures on maintenance or needed repairs, in the long run this may end up costing far more than we ever realized."
Published: February 2013