My company does NOT directly engage in the securing of Federal Incentives. This is informative only: Federal Tax Incentives through EPAct are available for commercial facilities who implement energy reducing technologies that result in minimum overall energy reduction of 15%.
Multifamily residential buildings in excess of four (4) floors that are rental only do qualify for this tax incentive. Condo's & Co-ops typically do not. The key is "rental" as that means "for profit" which qualifies it as a commercial property.
Have a great day and I look forward to meeting all of you at the Co-op/Condo Expo in April.
Eric
I'm thinking of sound proofing my ceilings and walls. Can anyone suggest noise abating material or a good sound proofing company?
> Join the conversation Comments (1)What do some of you use as a building community website? We had bee using a Yahoo group + a gmail account for email and documents. We have moved to athome.net as a secure site with calendar, documents, emal, etc. It has all of the functionality but it has been difficult to use. I'm curious what other buildings are using to provide information and resources to owners and other residents.
> Join the conversation Comments (3)
what should the average Manhattan coop allow?
My friend's building somehow spends in excess of $10k a year and this seems all wrong to me.
Does a contract signed by both parts without the date is valid, it has legal power?
> Join the conversation Comments (3)I'm considering changing attorneys for our co-op. I have 3 attorneys to choose from but not sure how you decide which one to hire?
> Join the conversation Comments (2)My roof was not pitched correctly by the sponsor/developer and the board has taken numerous years to address this problem. I am patiently waiting to fix my ceiling which is a bit of an eye soar and I have a light fixture when it rains very hard I get water in the fixture. It's been over 5 years since I've addressed this to the board & management company and I've requested in writing after they decide on the engineer that I want a scope of services in writing indicating they repair my ceiling. I have had NO response about this from the managing agent or the board. Should I have a lawyer write a ltr on my behalf? Any suggestions?
> Join the conversation Comments (3)I live in a conversion Co-op. I have lived here as a rental and purchased my apartment as an insider. I was elected to serve on the the Board. Our sponsor currently owns 80% of the unsold units. They are also the owners of our Managemnt Company. Two sponser appointed board members are running our management office. One is the property Manager and the other is asst site Mgr. Recently I was approached by the outside hired Site Manager of impropieties that she has found between the two board members. She has witnessed payments of cash by vendors, Seen check registers of checks being written to deceased residents to "buyout their apts" . and witnessed padded invoices from vendors. which are being approved by the property Mgr. She recently approached the Property Manager with this information and was fired. What do I do as a board member who was given this information?
> Join the conversation Comments (1)
This came to us from Con Edison:
Re: Oil to Gas Conversions
If you previously heated with oil and are now planning to convert to natural gas we are taking this opportunity to remind you that gas acts as a scrubbing or cleaning agent on the oil residue left in your chimney.
Hence, for your system to operate safely and efficiently, we (Con Edison) recommends that you have your licensed gas heating contractor or a chimney cleaning specialist take the following safety measures:
1) The chimney flue should be thoroughly cleaned from top to bottom when new gas heating unit is installed.
2) Six months after the gas heating equipment has been installed an inspection of the chimney should be made to check for the flue soot accumulation and if required, arrangements should be made for its removal.
3) A second thorough cleaning of the chimney should be performed one (1) year after the installation of the heating equipment.
If you retained your oil boiler and installed a new gas burner, the boiler should have been thoroughly cleaned prior to the gas burner installation, and a second cleaning of the boiler should be performed one (1) year later to remove accumulated residue.
we have a corrupt Super who gives minsinfromaion to the Board. The bldg attorney wrote a shareholder a legal letter based on false info \(based on an incident with poor staff performance ) and then billed the shareholder for the letter despit the fact the shareholder had their lawyer send a letter correcting the facts sent to the \board askign for a proper investigagion. Is it legal to do this?? It does not seem right.
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We ad a neighbor who thinks its OK to hold piano concerts and classes in him home. I had a company called REAP Construction come in and install a special wallboard and vinyl underlayment that has a sound attenuation of ?? (I do not know the actual specifications), and also on the ceiling. When they did the ceiling, they used a hanger system so the sound would not travel from the old to the new... works like a charm (A bit pricy though)
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