ARCHIVE SEARCH RESULTS

The Ground Lease Renewal Bill (A10467A) has passed, easing financial complications for about 100 Queens and Westchester co-ops with land leases, allowing buyers to obtain 30-year mortgages and co-ops to remain in good standing. (Print: A NEW RENEWAL LAW AVERTS A CRISIS)

Parapet wall inspections are due by December 31, with the goal of ensuring public safety, but there is confusion as to what constitutes a parapet, who does the inspecting, and what counts as preventing access. (Print: Confusion Over Parapets)

Co-op City is undergoing a $48.5 million elevator modernization project, which includes replacing all 176 cabs, shafts, and machinery, and is expected to be completed in early 2025. (Print: 160 Elevators: An Upgrade Challenge)

A co-op in South Harlem underwent major structural repairs after a shareholder wanted to sell her apartment, revealing several broken beams beneath the floorboards, which required the entire apartment to be gutted to access the beams. (Print: With Age, Everything Sags)

The Department of Buildings has released a new guide for large residential buildings to calculate and report carbon emissions in order to comply with Local Law 97, and has provided information on how to challenge Article 320 designation and request extensions for reporting. (Print: A New Guide to Carbon Compliance)

The Future Condominium in Kips Bay is replacing its exhaust fans with more efficient next-generation models, saving $24,000 in annual energy bills and reducing maintenance costs by $500,000, thanks to Con Edison incentives and a partnership with Con Edison and the climate technology firm Logical Buildings. (Print: ROOF FAN SPEED CONTROLS: Saving energy and maintenance costs)

A luxury West End Avenue co-op is using an interest-free contractor payment plan to fund a nine-month, multimillion-dollar riser replacement project, allowing the work to start immediately and spreading the monthly assessments over nine months beyond the expected completion date. (Print: PAYMENT PLAN: An Interest-Free Contractor Deal)

Queensview Inc. is saving up to $1 million on a $12 million project by bundling 14 building repairs and roof replacements, minimizing disruption to shareholders and saving time and money on soft costs and permits. (Print: Repairs: Queensview’s Three-In-One Solution)

A Manhattan co-op solved the problem of noisy steam radiators by replacing the missing parts, which resulted in a reduction in noise and energy savings of 10-15% in the winter. (Print: Radiators: The Sound of Silence)

The International Tailoring Company Building in Manhattan has installed a hybrid electrification system, reducing fossil fuel use by over 80%, reducing energy use by 57%, and making apartments more comfortable, with the project avoiding the need for an assessment. (Print: Hybrid Solution: Heat Pumps and a Boiler)