Page 4 - CooperatorNews NY November 2021

4 COOPERATORNEWS — NOVEMBER 2021 COOPERATORNEWS.COM PULSE Industry Pulse Events CNYC Hosts Annual Housing Conference The Council of New York Coopera- tives & Condominiums (CNYC) is hold- ing its 41st annual Housing Conference via Zoom on Sunday, November 14, 2021. The day of learning will run from 9:00 a.m. to 4:45 p.m., offering 40 classes, from which registrants may choose up to three: one at 9:00 a.m., another at 11:45 a.m., and a third at 2:30 p.m. The Con- ference brochure, which includes a de- scription of all the classes and their times, can be found on the council’s website: www.CNYC.coop. The Conference will also include a Plenary Session at 1:30 p.m. to which all registrants will have access. At this ses- sion, CNYC leaders will provide updates on key issues, and honored guests will be introduced. The council’s announcement also notes that registrants will also receive the Conference Program, which contains a Directory of Products & Services that can be used as a reference throughout the year. CNYC invites each member coopera- tive and condominium to send one per- son to its Conference at no cost; addi- tional registrants from member buildings can attend for an unspecified modest fee. Non-members may attend at higher rates. Class selections must be indicated at reg- istration (www.CNYC.coop), for which the deadline is midnight on Thursday, November 11, 2021. Development Tallest Tower in Queens Is Complete, 50% Sold A press release from brokerage Mod- ern Spaces reports that it has sold 50% of the units at Skyline Tower, the recently completed condominium at 3 Court Square in Long Island City that is the tall- est building in Queens and the second largest building by unit count in all of New York City. The condo’s 801 units range from stu- dios to four-bedrooms at prices starting at around $500,000 and going up to around $4,000,000. According to the release, the most expensive sold to date is a 50th floor three-bedroom that went for $2,571,736. Modern Spaces began marketing the luxury units in August 2019 and says that there has been an uptick in sales since the start of 2021. Citing low interest rates and more local buyers returning to the city, the brokerage has averaged 14 to 16 deals per month since the start of the year, as per the release. Hill West Architects designed the 67-story Skyline Tower with a glass fa- çade and curtain walls that allow for un- obstructed views of the Manhattan sky- line, including the Empire State Building, One World Trade Center, and Rockefeller Center. The interiors of the units were de- signed by Whitehall Interiors. Building amenities include a 75- foot temperature-controlled lap pool, a whirlpool spa with sauna rooms, a fully equipped fitness facility, and premium concierge services. Brooklyn Fare Kitchen & Market Com- ing to One Manhattan Square In a confluence of borough eponyms, Extell’s 800-foot One Manhattan Square announces that it has signed a 30-year lease with upscale gourmet grocery store Brooklyn Fare Kitchen & Market for its two-story, 25,500-square-foot retail space. The development firm’s press re- lease states that the new Lower East Side location, slated to open by mid-2022, will be the largest of the market’s New York City outposts. Offering a variety of prepared foods, a deli, sushi, a coffee bar, groceries, and more, Brooklyn Fare’s One Manhattan Square store, at 227 Cherry Street, will have an all-glass storefront, 20-foot ceil- ings, and 80 feet of frontage along Cherry Street. “The addition of Brooklyn Fare to the neighborhood signifies the continued transformation of the Lower East Side Waterfront into a dynamic neighbor- hood,” says Alan Oppenheimer, vice pres- ident of development of Extell Develop- ment Company. “We are excited to bring one of New York’s most comprehensive grocery stores not just to our building but to the community.” According to the release, Brooklyn Fare’s other locations are in Downtown Brooklyn, the West Village, and Hudson Yards; a Lincoln Square outpost is slated to open October 15. Product News New Tech Makes Managing Multiple Of- fers Easier With the booming condo and co-op market of late, agents representing buy- ers and sellers are in some cases juggling multiple offers from various points of contact. Now there’s an app for that. Resi- dential real estate showing management and market stats technology provider ShowingTime has launched an Offer Manager platform, according to a press release from the company. This year, Of- fer Manager has helped manage more than 120,000 offers in North America, the release states. “Before Offer Manager, it was the Wild West,” says broker/owner Michael Barbaro of Huntsman, Meade & Part- ners Comp in New Haven, Connecticut. “Agents were inundated with multiple modes of offers, including faxes, emails, and even text messages with pictures of offers. Some people didn’t even follow up, so if you weren’t expecting their offer and you didn’t know to look for it, and you’re fielding another 15 or more other offers, it could just be overlooked. The lack of a system was the worst possible scenario for the industry.” Offer Manager works in parallel with ShowingTime’s ‘schedule a showing’ pro- cess and is deployed in Multiple Listing Services (MLSs) throughout the U.S. and Canada. A version for brokers, teams, and individual agents—Offer Manager Premi- um—is also available, the release notes. “With Offer Manager, listing agents and buyer’s agents have a full view of the status of an offer from start to finish, all from within the interface of their exist- ing ShowingTime showing management service,” says ShowingTime president Mi- chael Lane. “The same philosophy that has guided the development of our showing management products was in place here: provide agents with a streamlined process that will pay dividends in efficiency and productivity to fuel their growth.” Law & Legislation Annual Workplace Harassment Train- ing Deadline Is Dec. 31 Insurance specialist Mackoul Risk So- lutions reminds readers that New York State requires all employers to adopt writ- ten workplace harassment prevention policies and institute anti-harassment training for all employees every year. Any employee hired must be trained as soon as possible, as employers may be liable for the actions of employees immediately upon hire. The deadline to comply is December 31, 2021. For more information on this training and to avoid costly fines for non- compliance, contact Rebecca Scandaliato at 516-279-1215 or email at rscandali- ato@mackoul.com. For the Birds Upper West Side Co-op Peregrine Fal- con Rescued & Rehabilitated The New York Daily News reports that a baby peregrine falcon that crash-landed in the courtyard of an Upper West Side co-op was rescued by the co-op’s board president and rehabilitated at a bird sanc- tuary upstate. At the end of June, Fabio Savodelli saw the distressed bird of prey crash into a glass table at the 13-story co-op he chairs at West 86th Street and West End Avenue, the Daily News reports. Luckily, merely three blocks away is the city’s only wildlife rehabilitation hospital, the Wild Bird Fund, where Savodelli and Saviour Cauchi, Jr., the building’s superintendent, took the injured bird after wrapping it in a towel. Of crossing Broadway with a screech- ing, squirming raptor in a terry cloth bundle, Cauchi says, “It’s New York; no- body looked at us twice.” When they reached the animal hos- pital, there was already a queue of sick and injured city birds and their hopeful rescuers, Savoldelli says. “We totally cut the line at that point—they’re super kind to all birds there, but you’re upgraded to business class when you show up with a falcon,” he proclaimed. Hospital staff named the fledgling “Fabio” after her rescuer. Peregrine falcons are the fastest ani- mals on Earth, diving for prey at well over 200 miles per hour, says the Daily News — and New York City has the largest urban population of this endangered species in the world. The outlet explains that peregrine falcons disappeared entirely from the East Coast during the 1970s due to use of the pesticide DDT. In 1983, the first peregrines in 20 years returned to the city, setting up nests on the Throgs Neck and Verrazzano-Narrows bridges. Today, there are 25 known nests in the five bor- oughs—but before Fabio’s rescue, there were only 24. When Fabio came to the Wild Bird Fund, she lacked the numbered alumi- num band that the Department of Envi- ronmental Protection (DEP) and the De- partment of Conservation (DEC) attach to the endangered fledglings to account for them. The fact that she bore no such band meant that her nest—later revealed to be in the century-old stone belfry of St. Paul and St. Andrew Methodist Church at West 86th Street and West End Ave—had not yet been known. Cauchi confirmed that residents of his building and other neighbors had seen birds with three-foot wingspans swoop- ing in and out of the belfry for three springs. “We would look at them and think they were hawks—but not quite hawks,” he tells the Daily News. Barbara Saunders of the state DEC Endangered Species Program tells the paper that fewer than half of the known nests are successful each year, with a mor- tality rate of 70% during the first year of life. New York City poses many dangers for peregrines: tall glass windows; abun- dant trucks and tractor-trailers that suck bridge-nesting birds into their wake; not to mention their own territorial nature that can lead to “battling to the death,” according to Chris Nadareski of the city continued on page 18