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COOPERATORNEWS.COM COOPERATORNEWS — OCTOBER 2021 3 TABLE OF CONTENTS Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor Darcey Gerstein Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Alan J. Sidransky Staff Writer CooperatorNews is published monthly by Yale Robbins Infomedia, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and homeowner associations. POSTMASTER: Send address changes to CooperatorNews, 205 Lexington Ave., New York, NY 10016. Yale Robbins Infomedia 2021. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: cooperatornews.com/subscribe Peter Chase Director of Sales Fred Marks Director of Sales T B P ..... One truism of home ownership is that there is always something that needs to be fixed or upgraded. That’s true in condo and co-op communities as well, both large and small. B B S ’ W ...... . The tragic partial collapse and subsequent demolition of the Champlain Towers South Condominium in Surfside, Florida, this past June revealed some gaping holes in the structures, governance, and oversight of the country’s multifamily buildings. F R R C C - .... The recent flash flooding resulting from Hurricane Ida and other torrential summer storms around the nation has come as something of a wake-up call for homeowners and local governments alike. NYC H M R .... 3.087 7.21 3.402 8.766 2.338 5.376 5.278 8.442 2.03 4.634 5.376 3.402 8.586 8.586 8.19 8.298 11.34 7.47 2.6284 5.5489 2.7327 2.772 6.094 4.8 4.624 1.544 4.64 5.799 7.02 9.16 15.3324 6.0306 7.0339 7.0339 3.663 3.0881 2.16 3.0881 3.996 3.0881 2.16 2.16 3.0881 1.836 3.0881 3.6955 3.1158 4.332 4.332 1.668