New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide

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A PODCAST FOR CO-OPS AND CONDOS

June 3, 2024
Season 2
Episode 3
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A Tale of Two Systems: How a Manhattan Condo Reimagined Heating/Cooling Comfort

In the heart of Manhattan, a towering condominium grappled with a recurring nightmare: leaky Con Ed steam pipes wreaking havoc on its residents' homes. Each incident left a trail of destruction, prompting the board to confront a crucial decision: persist with costly repairs or embark on a bold transformation. Faced with a repair bill soaring between $15 to $20 million, the board discarded the old centralized system in favor of sleek, modern in-unit heat pumps, a transformational move priced at $7 million. Not only did this stop the leaks, it allowed residents to determine their own heating and cooling needs within their own walls. Ramez Afify, principal at E4P Consulting Engineering  explains what the condo faced and the details of its choices.  Habitat Magazine's Carol Ott conducts the interview. This episode is sponsored by Parity.

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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