Hello - I've been doing some preliminary investigation recently into the practicality of power/heat/hot water cogeneration with a fuel cell and, after seeing the article here on microturbines, thought I'd post to see if anyone else has looked into this and has any experiences they can share?
Based on my research so far, I see that natural gas fuel cells exist and can generate power into the 200-400 kW range plus 900k BTU for hot water. Between any applicable city/state/federal subsidies/tax breaks and selling any surplus power back to the grid (if Con Ed allows that), I'm hoping this will prove to be a feasible idea.
According to a Habitat article on tax abatements,
"New York State Senior Citizen Homeowner’s Exemption (SCHE).
If you are 65 or older, and your federal adjusted gross income minus unreimbursed medical expenses is less than $35,500, you may qualify for a five to 50 percent reduction in the assessed value of the home. When the assessed value is reduced, the total tax bill is automatically reduced as well."
I took this to mean that shareholders 65 or older can claim the SCHE... but I seem to recall that our Sponsor gets a sizable check from the co-op at least twice a year (most of his tenants are 65 or older).
Why would this abatement attach to a corporate entity? Is it because the principal is over 65 and he owns the apartments (shares) in which the older tenants reside?
I haven't wrapped my mind around the best answer... anyone know? Am I misremembering this and it's some other acronym?
Thanks, appreciate any ideas.
We've run a few articles addressing this very problem. The most recent one is "Kitties 'n' Canines in Co-ops 'n' Condos," at this link:
but if you do a search for "Pets" in the search box above, you'll find a slew of pieces that will help. You'll find there are good and even revenue-enhancing ways of establishing good-pet policies. Good luck!
We are a 6 story mid rise and have cameras in our elevators yet still dogs pee on the elevator carpeting and we can't prove who's dog(s)are doing it. We are considering a move to non-carpet- kind of rubber floor covering, which is too bad as it's not as nice. ...........So, I am wondering if anyone has ever heard of a co-op charging a nominal (like $20) annual fee for the privlidge of having a (board approved) dog in the building? If it's wacky idea I don't even want to bring it up to my fellow BODs. My thought is that that $400 a year might put new covering in the elevators...and they'd be paying for it vs. us non-dog owners. Thoughts anyone?
So this is in our bylaws and it looks like we cannot have an assessment when there is a tax rebate - without a vote. Anyone run into this? (our sponsor owns about 20%).
"So long as the Sponsor or the Holders of Unsold
Shares continue to own any percent of the then
Outstanding shares of the Apartment Corporation, the
Apartment Corporation will not impose upon the
shareholders any assessment whatsoever except by
affirmative vote of one-hundred (100%) of the issued
and outstanding shares, unless the Reserve Fund has
first been reduced to a sum of $15,000, or such sum
has been irrevocably committed for other improvements. "
input and advice needed regarding this for UWS coop. thanks. bulk arrangements with RCN, satallite, , etc. thanks!
Anyone with experience using a PEO or Professional Employer Organization? I cannot find anything in Habitat's archives. Our Managing Agent is understandably hesitant, but prospective PEO is offering substantial cost saving for health benefits policy for staff of 2 (non-union) as well as payroll service. We retain final authority to supervise and hire/fire. Any downside to outsourcing ?
Has anyone gone through getting the NYSERDA Energy Audits? I talked to them and they dont do the audits but give you a list of partners to contact. This is the list they referred me to
Seems to be a lot of construction companies so I don't know how impartial they would be, and Habitat for Humanity on the list I don't understand.
If you have been through the process who did you use and would you recommend them?
Introduce yourself to other members of Board Talk! Log in below or register here.
Board Talk members who registered prior to March 9th, 2016 will need to reset their password.
Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.