Steven Grande, a private consulting firm owner, serves as a board member at 2 Fifth Ave., a 343-unit co-op in Greenwich Village, and is committed to improving the building's infrastructure and reducing its carbon emissions.
Steven Grande, a private consulting firm owner, serves as a board member at 2 Fifth Ave., a 343-unit co-op in Greenwich Village, and is committed to improving the building's infrastructure and reducing its carbon emissions.
The co-op at 205 Hicks St. in Brooklyn Heights has replaced its aging oil-fired boiler with heat pumps, allowing residents to tailor their apartment temperatures and reducing the building's carbon emissions. (Print: Boiler, Be Gone!)
Bylaws are crucial for guiding board decisions, and failing to follow them can have serious consequences, including court-invalidated elections and loss of business judgment rule protection, which can be avoided by understanding and maintaining a working knowledge of bylaws. (Print: Master Your Building’s Operating Manual)
Technology, contract timing, building demographics and revenue are key behind-the-scenes choices to make. (Print: Laundry Rooms Are More Than Just Machines)
Co-op boards must educate themselves on the legal and financial intricacies of share certificates and liens, transfers, lost certificates, unsold shares, and issuing new shares. (Print: Understand The Complexities Of These Certificates)
Residencia Esperanza and Two Charlton Owners Corp. are pioneering energy efficiency projects, leveraging financial incentives and creative solutions to reduce their carbon footprint and save costs. (Print: Power Players)
The court ruled in favor of Maria Valleda, holding the condominium liable for its failure to maintain a hazardous sidewalk, which had caused her injuries, and serves as a reminder for co-op and condo board directors that they bear responsibility for the safety of the adjacent public sidewalks. (Print: Sidewalk Showdown)
A condo board in Midtown wants to increase owner-occupancy to improve the community feeling and finances, but needs to consult with a lawyer and consider the consequences of any changes to their leasing policies. (Print: Too Many Condo Sublets)
A New York co-op board used a public adjuster to file a lawsuit against its neighbor's insurance carrier after a wastewater line failure, resulting in a full payment of the damages and an opportunity to repair decades-old wastewater pipes. (Print:
Executive Towers, a co-op building in South Bronx, has significantly reduced its energy consumption and emission fines by remeasuring its gross floor area, and plans to make further energy efficiency improvements. (Print: Breaking Out the Tape Measure)
Cabrini Terrace, a 217-unit co-op in Manhattan, restored its 1950s steam heating system to its original efficiency, saving 15% on gas usage and reducing its Local Law 97 penalty exposure by 15%. (Print: Old-School Steam Heat Gets Modern Makeover)
When it comes to keeping written records of board meetings, less is more — don’t make the mistake of oversharing. (Print: Mind Your Minutes)
When complying with one city regulation after another, fees and costs can compound quickly. Taking a consolidated approach, however, can pay off handsomely. (Print: Tackling Multiple Building Inspections)