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Category: Building Operations

Maintenance Breathing Easy
2011 November Breathing Easy

As winter approaches, it will soon be time to batten down the hatches so the warm air stays in and the cold air stays out. Keeping indoor air clean is critical to maintaining a healthy environment. The inner workings of a building’s ope…

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Finance Running the Numbers
2011 October Running the Numbers

The key to proper financial management of a co-op begins with the presence of a strategic plan. This plan should include, at a minimum, a projection of necessary capital improvements; and a forecast of revenue and expenses over a ch…

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Finance Staying the Course During Delinquencies
2011 October Staying the Course During Delinquencies

 Following the nationwide mortgage crisis, there is a lot of concern across the  country about communities being faced with the prospect of foreclosure. Many  states have enacted legislation relating to how to handle properties in  arrears…

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Energy Conservation Collecting Unpaid Debts
2011 September Collecting Unpaid Debts

 Consider the following all-too-common scenario: your condominium association has  one delinquent unit owner who owes three months of common charges totaling  $915.00 before late fees. Statements have been sent without response, and  telep…

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Energy Conservation Privacy Liability Insurance
2011 September Privacy Liability Insurance

Phone hacking. Password hijacking. Virtual identity theft. With new technology comes new challenges, and online security threats are chief among them. When it comes to protecting and insuring the privacy of one's residents, it's impera…

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Energy Conservation Making a Smart Building
2011 September Making a Smart Building

 Two research and development projects are currently underway in Manhattan where  the New York State Energy Research and Development Authority (NYSERDA), the  state agency that promotes energy efficiency, is supporting the development and …

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Energy Conservation A Co-op Lawyer Discusses Subcontractors
2011 September A Co-op Lawyer Discusses Subcontractors

 Most boards of co-ops and condominiums spend a lot of time negotiating the terms  of their contracts with general contractors; however, it is often  subcontractors who do most of the work. Sometimes the Boards are not even aware  of how m…

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Energy Conservation Benchmarking Compliance
2011 September Benchmarking Compliance

 So, did your building comply with the new benchmarking requirements that were a  part of Mayor Michael R. Bloomberg’s Greener, Greater Buildings Plan? Local Law 84, new legislation passed in 2009,  required all of the city’s private build…

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Energy Conservation Bayside, Queens
2011 September Bayside, Queens

 If it weren't for the man-made boundaries, Bayside, situated on the northeastern  edge of Queens, could be considered a Long Island town. Its manicured lawns;  sometimes tasteful, sometimes gaudy home design; and the profusion of white  k…

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Energy Conservation Greening NYC
2011 September Greening NYC

 The concept of 'greening' has become so firmly entrenched in our national  discourse over the last few years, it's hard to imagine a time when recycling,  clean energy, and reducing our carbon footprint were novel ideas with just a  few v…

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