ARCHIVE SEARCH RESULTS

The co-op, condo, and HOA sectors are experiencing significant technology disruption, enhancing efficiency and automation in management tasks. New software streamlines operations, offers real-time data, vendor access, and eases tech adoption through education and training.

Boards should proactively gather information about refinancing underlying mortgages, even before exact borrowing needs are known, to secure optimal terms and avoid delays. Expert advice is crucial.

Create a building roadmap with a life-cycle analysis, prioritize projects, and explore financial options for compliance, transparency, and cost-effectiveness. Communicate decisions with stakeholders.

A cost-reduction service offers free second opinions to co-op and condo boards, identifying potential savings in ongoing operations or specific projects, with a contingency-based fee structure for shared savings.

Construction projects in New York City face delays and complications when neighboring buildings resist signing access agreements, demanding high fees or holding grudges, causing costly setbacks and suggesting the need for an "access court" to streamline the process.

White-glazed brick with aging glaze can develop spider cracks called crazing, compromising waterproofing and safety. A co-op replaced white-glazed brick with red brick to avoid costly repairs and improve insulation.

During a routine wire installation, nails shot into the brick caused debris to dislodge and affect elevator functionality in a Bronx co-op. Coordinating with elevator experts before projects can prevent unforeseen issues.

Timing has always been a challenge when boards plan capital projects, and kinks in the supply chain have made things worse.

How one board got the most money from a commercial tenant post-pandemic.

To avoid carbon-emission fines, a group of Queens buildings turns to NYSERDA’s FlexTech.