New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

HABITAT

THE BREVARD

The lobby and hallways of The Brevard, a 410-unit cooperative in midtown Manhattan, set a tone of grace and sophistication. But until recently, the building's four elevators were a far cry from classy. According to co-op board president Steven Avitable, residents would walk from a modern and elegant lobby into a blast from an uglier past: aging elevator cabs right out of the 1970s. "There was a startling disconnect," he notes.

Unlike lobbies, which are often a source of pride, elevators are often an afterthought for co-op and condo boards. They move people up and down and, unless they're not working, no one wants to spend money on them. But in terms of building aesthetics, which directly affect apartments' market value, that's can be a costly mistake.

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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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