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My co-op building is from 1937, radiator valves and also the air valves started to need replacing. Our proprietary lease says the owner is responsible for "repair and replacement of plumbing, gas and heating fixtures." I know owners will not want to pay for this but we need to follow the lease and have owners take responsibility. Anyone have experience or history with this?
Join the Conversation Comments (1)Thank you, that guide is a good one I think.
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The rule my co-op put in place was, if the radiator is the original equipment from when the Certificate of Occupancy was approved, the cost of any repair or replacement belongs to the co-op corporation. If the radiator was modified or replaced during a renovation or by any unit owner for any reason, the cost of any repair or replacement belongs to the unit owner.
This covers the situation where a contractor uses sub-par components or shoddy workmanship during a renovation. When the component under-performs or fails, the unit owner expects the co-op to cover the expense caused by the contractor.
Apply this to all radiators, OEM or replacement. You can also apply it to any plumbing or electrical system.
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