Category: Building Operations

With the advent of benchmarking and retrofitting programs in New York City and throughout the nation, more condo and co-op properties are becoming knowledgeable about the latest energy technology and its associated cost-savings. They are re…

Management by definition is a process; a series of ongoing systems and controls put in place with a specific outcome in mind. The management needs and requirements of HOAs, co-ops and condominiums have helped define the overall property man…

There are plenty of people who think their jobs are difficult: politicians or professional football players, for example. Then there are those who know for certain their jobs are difficult. They’re called professional property managers.  W…

The vast majority of co-op and condo residents are regular folks who wouldn’t dream of disrupting life in their building by being verbally abusive to the neighbors, blowing up board members’ phones and email inboxes with endless complaints …

Boards and managers have a lot on their plates but as these insurance pros point out, it pays to be aware of potential exposures that can cost your co-op or condo in the long run. 

Once prevalent as a residential alternative in the suburbs, solar energy is having a bit of a moment in New York City. The New York Times recently chronicled how solar is making headway in the city proper, amid the vast high-rises t…

Is your building bleeding energy—and money? In today's more environmentally-conscious society, administrators of all sized co-op or condo buildings are looking to save money. These energy professionals weigh in on some of the more common en…

Like single-family homes, condominium units tend to be owner-occupied. Financing for these units therefore tends to follow traditional guidelines and requirements centered on owner occupancy. But what happens when a condo unit is held as …

Seven years ago, an initiative called NYC Cool Roofs was launched under Mayor Michael R. Bloomberg's administration to cover as much of New York City’s rooftops as possible in a reflective white coating. It was meant to not only help cool d…

Turning off lights and adjusting thermostats are just the beginning - your building can do even more to save on energy and utility costs.