David Chesky

New Jersey Service Providers

Banking CIT BankNicole Skaro, EBP, CMCAVice PresidentCommunity Association BankingM: (908) 524-8741Nicole.Skaro@cit.comwww.cit.com Engineering • Reserves Falcon EngineeringDavid Chesky, R.S., P.R.A.95 Mt. Bethel RoadWarren, NJ 07059(908) 378-2043dchesky@falconengineering.comwww.falconengineering.com Insurance PeopleFirst • Acrisure InsuranceDawn M. Becker-Durnin, CSRM, CIRMSVice President, Insurance AdvisorM: (201) 294-2138 Dawn.becker-durnin@insurepeoplefirst.comwww.InsurePeopleFirst.com Legal Ansell Grimm & Aaron, P.C.David Byrne214 Carnegie Center, Suite 112Princeton, NJ 08540(609) 452-3870djb@ansellgrimm.comwww.ansellgrimm.com Restoration Toni …

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New York Service Providers

Accounting John A. Grady, CPAGrady, CPA, PC48 W Market St., Suite 3Rhinebeck, NY 12572-1403(845) 876-4911jgrady@bogushgradycpas.comwww.bogushgradycpas.com Banking CIT BankNicole Skaro, EBP, CMCAVice PresidentCommunity Association BankingM: (908) 524-8741Nicole.Skaro@cit.comwww.cit.com Construction Todd VignolaAdd Ventures Building Services, Inc PO Box 977Hillburn NY 10931-0977 (845)357-7134 svivona@addventuresinc.com www.addventuresinc.com Engineering • Reserves Falcon EngineeringDavid Chesky, R.S., P.R.A.95 Mt. Bethel RoadWarren, NJ 07059(908) 378-2043dchesky@falconengineering.comwww.falconengineering.com …

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Pennsylvania Service Providers

Banking CIT BankNicole Skaro, EBP, CMCAVice PresidentCommunity Association BankingM: (908) 524-8741Nicole.Skaro@cit.comwww.cit.com Engineering • Reserves Falcon EngineeringDavid Chesky, R.S., P.R.A.95 Mt. Bethel RoadWarren, NJ 07059(908) 378-2043dchesky@falconengineering.comwww.falconengineering.com Insurance PeopleFirst • Acrisure InsuranceDawn M. Becker-Durnin, CSRM, CIRMSVice President, Insurance AdvisorM: (201) 294-2138 Dawn.becker-durnin@insurepeoplefirst.comwww.InsurePeopleFirst.com Legal Ansell Grimm & Aaron, P.C.David Byrne214 Carnegie Center, Suite 112Princeton, NJ 08540(609) 452-3870djb@ansellgrimm.comwww.ansellgrimm.com

The Importance of Reserve Studies

What are Reserves? According to David Chesky, P.R.A., R.S., and Executive Vice President of The Falcon Group, headquartered in Warren, New Jersey, “Reserves are monies that community associations set aside as part of their monthly maintenance fees to save up for the replacement of their major common element components.” Establishing reserves allows associations to save …

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