HABITAT
Co-op board's overreach leaves it open to crippling personal liability.
Embassy Sewer Line Ruins Co-op's Basement, Insurance Carrier Pays $270K
Written by Emily Myers on September 25, 2024
A small eight-unit co-op in Lenox Hill received a $270,000 insurance payout from the embassy's insurance carrier after a sewage disaster, allowing them to pay back a line of credit and rebuild their capital reserves.
Shoddy Construction Doubles Cost of Condo's Facade Repair
Written by Emily Myers on February 14, 2025
Surprise! Board has to pay to repair a problem that hid in plain sight for 60 years.
Smart Controls Boost On-Peak Energy Payouts for Upper East Side Condo
Written by Emily Myers on September 19, 2024
The Oxford, a 199-unit condo on the Upper East Side, is maximizing the payout it gets for reducing energy use during peak demand periods by using automated building sensors and controls, resulting in a potential $10,000 reward.
Two floods in his penthouse apartment inundated elevator shafts, hallways and other apartments.
Shareholders claim board is running a "racket" in their posh Museum Mile co-op.
Surprise! Co-op Board Discovers Corroded Support Columns
Written by Bill Morris on May 17, 2023
Routine laundry room renovation morphs into a major capital project.
After a Damaging Leak, Co-op Board Installs Sensors to Avert a Repeat
Written by Bill Morris on April 26, 2023
Cold weather, vacant apartments and a leaking pipe add up to a disaster.
Condo Board Can Deny Use of Amenities to Get Unit-Owners to Pay Up
Written by Bill Morris on April 12, 2023
Legal war on the Upper East Side hinges on a “valuable tool” for boards.
This Co-op’s Lobby Renovation Required a Quick Pivot
March 28, 2023
Modernization made waterfall look outdated, called for fast action.
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