HABITAT
Co-op City Completes $48.5 Million Elevator Modernization Project
Written by Emily Myers on August 28, 2024
Co-op City is undergoing a $48.5 million elevator modernization project, which includes replacing 176 cabs, shafts, and machinery, and will be completed in early 2025.
The board says disgruntled shareholders have not shown proof of wrongdoing.
Proactive inspections are a response to two recent building collapses.
The business judgment rule gives boards broad powers — if they act in good faith.
A New Way for Co-ops and Condos to Extend Roof Warranties
Written by Bill Morris on May 10, 2023
Boards can save money while getting rooftops ready for amenities.
Bronx Co-op Getting a Boost From the Inflation Reduction Act
Written by Bill Morris on April 05, 2023
A $27 billion pot of money to help buildings switch from fossil fuels.
Courts affirm a co-op board's immense power under the Business Judgment Rule.
Unionized Bronx Building Staffers Approve Contract, Avert Strike
Written by Bill Morris on March 20, 2023
Four-year deal improves pay, preserves benefits and keeps workers on the job.
Bronx Co-op Board Embraces New Boiler Technology to Avoid Fines
Written by Bill Morris on March 01, 2023
The SmartWatt Boiler generates heat and electricity, cutting carbon emissions.
New Study Reveals Health Benefits of Electric Stoves
February 27, 2023
Another reason emerges for co-op and condo boards to switch from gas stoves.
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