Penmark Property Advisors, LLC

Penmark Property Advisors, LLC works closely with many developers, sponsors and law firms in the production of the offering plan for new building construction as well as rental building conversions.

We are generally entirely responsible for writing the “Schedule B” or First Year Operating Budget as well as determining common interest percentages for condominiums and number of shares per apartment in a cooperative.

 

During the last 40 years, Leslie Winkler, the principal budget expert, has worked on over 200 of these Schedules “B” and “A.” The Schedule A shows prospective buyers the expected costs to own their apartment/unit during the first year of operation.

 

Preparation, review and certification of Schedules A and B for submission to the Attorney General. I have certified hundreds of Attorney General submissions.