ARCHIVE SEARCH RESULTS

A co-op on the Upper East Side recently upgraded its heating and cooling system to a more efficient heat pump system, avoiding carbon emissions penalties and saving money in the process. (Print: A Waste Of Energy)

Boards must be clear about what kind of work they will allow without a building permit to avoid fines and violations against the building. (Print: Shareholder Renovation Permits: Attention Must Be Paid)

A 150-unit co-op in Westchester needed to switch management companies due to a lack of trust in their current company, and the Folson Group helped them create a checklist of their must-haves, negotiate a price, and ensure a smooth transition. (Print: When Management Isn’t Up To Snuff)

A small converted loft building was forced to evacuate due to leaning bearing walls, resulting in a financial dilemma and a CIRA loan to remediate the issue. (Print: Delayed Repairs: A Worst-Case Scenario)

A small converted loft building was forced to vacate due to leaning bearing walls, resulting in a financial dilemma for the condo owners to raise the capital needed for emergency repairs. (Print: Delayed Repairs: A Worst-Case Scenario)

A 14-story, 26-unit luxury co-op on the Upper West Side was required to comply with the Department of Buildings code by replacing its glass elevator doors with cold-rolled steel panels set an eighth of an inch deep, which was aesthetically pleasing and up to code. (Print: Time For An Elevator Face-Lift)

Spending a little extra money to probe deeper and get a second opinion can save you money on the back end when diagnosing facade issues, such as the lack of wall ties at Lincoln Towers, a 30-story, 484-unit co-op in New York City. (Print: Beneath the Surface)

Wireless sensors can be used to detect water leaks before damage escalates, but without internet connections in hallways or other building hubs, it can be challenging to deploy them on a building-wide scale. (Print: Missing Link)

When shareholders request to transfer ownership of their shares to a trust, boards need to make sure it's clear what the rules are, including the shareholder's responsibility to pay the maintenance and the board's right to approve occupancy. (Print: When Trusts Get Tricky)

Boards should have a process in place to verify that prospective purchasers are financially qualified, and should also meet with prospective purchasers before making a decision to ensure their applications are truthful. (Print: Setting the Bar)