HABITAT
Embassy's 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.
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Modernization made waterfall look outdated, called for fast action.
Boards must decide if it’s smart to save on interest by paying down the loan.
Problem Solved: Avoiding Fines by Combining Roof and Facade Projects
February 28, 2023
Co-op and condo boards need to act now to avoid fines for carbon emissions.
Board Talk
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
Habitat Week by Week
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.
Ask the Experts
learn moreLearn 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
Subscribe
join nowGot elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!