New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



Despite all the devastation that superstorm Sandy caused to buildings in its path, one co-op found a positive among all the negatives: the old-fashioned rundown lobby had been flooded with about two feet of water, necessitating an extensive repair and renovation project. The lobby had long been a sore spot for the board. But now, it had to be upgraded — no ifs, ands, or buts.

Before its board could focus on the flooded lobby, however, the 179-unit property, called The Waters Edge at 700 Shore Road in Long Beach, had other concerns: the boiler needed to be replaced; there was more than a million dollars of electrical work required; the garage was filled with sand; the elevators were out; and most of the shareholders were living off-site (they were out for the first six weeks after Sandy hit).

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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