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Northern New Jersey
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Why are maintenance fees in this building so high by comparison to other similar buildings?
Yes, I've already said everything I know.
any insight on the current situation with the building financials?
the "predictions" the mtce will go down have not materialized - any thoughts?
14E is now $2619. 16E was $2680 a year ago. Looks as if it's holding steady, i.e. any downward factors are just a wash with all the usual upward factors.
The building has not experienced a maintenance increase in the last four years. The Board just announced there will be no increase in 2014 either. Building refinanced a few years ago which got interest rate in check and also I think has changed heating system to something more efficient.