November 19, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, there's no bigger news for boards than of the legislative mess in Albany that will send co-op and condo property taxes sky-high unless Gov. Cuomo and company take action. On the Upper East Side, a co-op board sues a sponsor that won't let go even after 24 years, a doorman charges a management company with allowing racist rants, there's power from the sun in Sunset Park and much more.
Written by Ronda Kaysen on February 21, 2013
Set on a quiet street opposite Sunset Park in Brooklyn, the 1920s vintage Sun Garden Homes, a 70-unit, working-class co-op, installed a photovoltaic solar-power system in November on its sprawling, 12,500-square-foot roof. We've written about how the co-op board came to the decision to go solar, a move expected to save 30 percent on energy costs. The next step: How do condo and co-op boards pay for it?
Written by Ronda Kaysen on February 07, 2013
The view from the roof of Sun Garden Homes, a 70-unit co-op in Sunset Park, Brooklyn, includes unobstructed sights of Green-Wood Cemetery, the Statue of Liberty and the Manhattan skyline. But it is the roof itself that is the most remarkable: It is covered in solar panels. Sun Garden Homes installed the 50-kilowatt photovoltaic system in November, the first step in a long-term plan to reduce the building's energy usage dramatically. The building plans to overhaul its metering system, insulate and repaint its roof, improve boiler controls, and upgrade lighting, windows and toilets. The co-op anticipates the property's energy usage will drop by 30 percent from the solar and metering project alone.
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
A free digital resource for co-op/condo board directors. Published twice a month. Read now on all digital devices.