New York Reserve Study

A 30-year capital plan for your building, priced by a provider who already knows FISP, Local Law 152 and Local Law 97.

A row of brownstone houses with stone stoops on a residential street

Co-op or condo: what changes

Pick your building type: the facts and the plan column below follow it.

Who decides: The board of directors, elected by shareholders. It sets maintenance and can levy assessments.
What governs reserves: The bylaws and proprietary lease, under the Business Corporation Law. No statute requires a study.
What lenders read: Audited statements, the reserve balance and the underlying mortgage.

NYC local laws that drive capital work

Each produces a repair list with a due date; a reserve study puts years and dollars on it.

Sources: NYC Department of Buildings and NYC Sustainable Buildings. Confirm your dates with DOB.
Law	Cycle	For a co-op's plan
Local Law 11 (FISP)	Every 5 years, by tax block	Repairs after an "unsafe" rating are a corporate cost; carry the next two cycles.
Local Law 152	Every 4 years, by community district	Failed inspections can mean gas shut-offs; budget repiping as its own line.
Local Law 126	Every 6 years, plus a yearly look	Garage slabs are often the largest single item a garden co-op owns.
Local Law 97	Yearly reports; limits tighten in 2030	Boiler, controls and envelope work go in the 30-year table by year.

Last digit of your tax blockYour FISP sub-cycle appears here.

Community district numberYour gas piping inspection years appear here.

Tax block: on the DOF bill. District: City Planning profiles.

A brick apartment building on a street corner with fire escapes

What a study costs in New York

No public body prices reserve studies here, so we print no number. A tower with a FISP facade, a boiler and a garage needs more inspection hours than a garden HOA, and the fee follows.

What moves the price, and how to compare proposals

From this form to a proposal

You send the basicsBuilding type, ZIP code, units, last study.
We pick a providerOne that works in your area.
You approve the nameNothing goes out until you say yes.
The provider prices itThey ask for documents, then quote.

The full process

Start a quote request for your building

Tell us the building, your seat on it and when the last plan was done. Within one business day we come back with a reserve study provider that works in your borough or county, and their proposal comes to you, not to a list.