HABITAT
Take a peek behind the facades of New York’s co-ops and condos to find out who's fixing things up, and how much it costs? Articles in this section cover dozens of individual projects in co-ops and condos all over New York City. Learn how NYC co-op/condo boards met the challenges of the fix-up, and how you can use their experiences to smooth out yours.
Are you doing capital improvements at your co-op or condo? Email kfarrell@habitatmag.com or emyers@habitatmag.com to have your project included in our column.
New Rooftop Exhaust Fans Save Future Condominium $24,000 Annually in Energy Costs
Written by Emily Myers on July 10, 2024
The Future Condominium in Kips Bay has installed ultra-efficient rooftop exhaust fans, saving $24,000 in annual energy costs and lowering maintenance costs, while also participating in demand-response events to earn a check for $8,408.
Co-op in West End Avenue Finances Riser Replacement with Innovative Payment Plan
Written by Kathryn Farrell on July 03, 2024
A luxury West End Avenue co-op is using an interest-free contractor payment plan to fund a nine-month, multimillion dollar riser replacement project, allowing the work to start immediately and stretching the monthly assessments nine months beyond the expected completion date.
Seminole Co-op Cuts Costs by $40K with Wireless Heat Sensors, Dodges Fines
Written by Emily Myers on June 19, 2024
Seminole Owners Corporation is saving more than $40,000 a year in energy costs by replacing basic heating controls with wireless indoor heat sensors, which have reduced winter heating bills, cut emissions, and made apartments more comfortable.
Greenwich Village Co-op Saves 80% on Winter Bills with VRF Heat Recovery Units
Written by Emily Myers on June 12, 2024
Waverly Mews is installing variable refrigerant flow (VRF) heat recovery units to reduce winter heating bills by 80%, while also providing more climate control and more light into apartments, with the work expected to be completed before the end of the year.
Co-Op in Flatiron District Reduces Energy Bills with Hybrid Energy System
Written by Emily Myers on May 22, 2024
The Victoria co-op in Manhattan is installing a hybrid system of electric heat pumps and gas-fired boilers to reduce operating costs, minimize carbon emission penalties in 2030, and reduce the co-op's Local Law 97 emission penalties by up to 90%.
Queensview Co-Op Saves $1 Million with Combined Facade and Roof Repairs Project
Written by Emily Myers on May 15, 2024
Queensview Inc., a 726-unit co-op in Astoria, is saving up to $1 million on a $12 million facade and roof replacement project by consolidating the work, which will take two years to complete.
Co-Op in Crown Heights Faces Major Structural Repairs, Displacing Residents
Written by Emily Myers on May 08, 2024
A 100-unit prewar co-op in Crown Heights is undergoing extensive structural repairs due to deterioration, with a line of apartments needing to be demolished and rebuilt to restore structural integrity, while the board has set aside $25,000 to subsidize the rent for displaced shareholders.
Cooling Tower Replacement Saves 40% on Energy and 50% on Water for NoMad Co-Op
Written by Emily Myers on May 01, 2024
The co-op at 22 W. 26th St. in NoMad has installed a new three-cell cooling tower with efficiency controls and VFDs, which is expected to reduce operating costs by 30% and water use by 50%, while also improving the building's D energy efficiency grade.
Bronx Co-Op Implements Smart Radiator Covers to Cut Carbon Emissions and Energy Costs
Written by Emily Myers on April 25, 2024
Fordham Hill Oval, a 1,130-unit co-op in the Bronx, is installing thousands of smart radiator covers to cut fines and save on energy costs, taking advantage of a no-money-down subscription payment model.
Yonkers Co-Op Rebuilding After Fire with $19 Million Insurance Settlement
Written by Emily Myers on April 17, 2024
671 Bronx River Road Inc., a 95-unit co-op in Yonkers, is rebuilding after a fire that destroyed 15 apartments and a portion of the roof, with a $19 million insurance settlement and a proceeds agreement with the contractor.
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