← 90 Madison Ave Albany, NY 12202 · Portfolio index

UPDATES.md

Generated 2026-07-01T16:39:32.685095+00:00 from live Dropbox Public folders.

Description

## 2026-06-30 - Property Update (06/30/2026): Hi everyone, Quick financial transparency update for **90 Madison Ave Albany, NY 12202** before the MLS listing process advances. - The current approved financial view shows **Lofty Operating Cash of $1,946.77** held as Lofty `curr_maintenance_reserve`. - The ECO Systems General Ledger Column E operating cash balance is **$10,918.97** across **899 rows**. - NOI YTD is **$2,677.13**, but this should **not** be treated as distributable while debt servi

Extracted Content

## 2026-06-30 - Property Update (06/30/2026): Hi everyone, Quick financial transparency update for **90 Madison Ave Albany, NY 12202** before the MLS listing process advances. - The current approved financial view shows **Lofty Operating Cash of $1,946.77** held as Lofty `curr_maintenance_reserve`. - The ECO Systems General Ledger Column E operating cash balance is **$10,918.97** across **899 rows**. - NOI YTD is **$2,677.13**, but this should **not** be treated as distributable while debt service / escrow reimbursement remains under reconciliation. - Debt service / escrow cash obligation for Jan-Apr is **($9,238.36)**, leaving **($6,561.23)** cash after debt service before reimbursement true-up. - Distributable now remains **$0.00 pending reimbursement reconciliation**. ## What to expect next - Keep the live Lofty listing financial summary aligned to the 2026-06 approved financials. - Continue debt-service reimbursement/true-up review before any distribution framing. - Keep supporting statements and ledger files in `Public/07 - P&L & Owner Statements`. - **Property Update (06/25/2026):** - Owner-Proposed Governance Vote for 90 Madison Ave: - An owner with the following [wallet add