HABITAT

UPPER WEST SIDE

The decline of co-ops is visible inside an icon.

President's lawyer threatens board with legal action over licensing agreement.

Former Church of Christ, Scientist is finally out of legal limbo.

Some shareholders downsizing their gargantuan apartments.

Like your own co-op or condo over a certain size threshold has probably done, the two-building 110 Riverside Drive complex on West 83rd Street in Manhattan performed its required Local Law 87 energy audit last year. At the same time, its co-op board participated in a New York State program that offers monetary rebates to buildings that reduce energy use by a certain percentage.

In a previous article, we talked about how the board used that as a way to entice shareholders to invest in an energy-saving overhaul, or "retro-commissioning," of its HVAC (heating, ventilation and air conditioning) and water systems. But what else did the co-op do — and what else would it like to do — to make itself more energy-efficient?

Some people see a problem. Others see an opportunity. At 110 Riverside Drive, a block-long, two-building co-op on West 83rd Street in Manhattan, the co-co board of directors found an opportunity to take steps toward "retro-commissioning" — a basic overhaul to ensure your HVAC (heating, ventilation and air conditioning) and water systems are operating efficiently and cost-effectively. And it can serve as a solid, practical reason that co-op and condo boards can use to convince their residents why such upgrades may take some upfront investments but will ultimately save money. 

Got Drafting Errors? Amend Your Governing Documents

Written by Lisa A. Smith on November 27, 2017

Upper West Side, Manhattan

Correct confusing language to avoid legal battles.

Co-op and condo buyers need to heed the obvious warning signs.

Tragedy can result when boards pinch pennies on mandated repairs.

Neighbors fuming about the three-year nightmare on West 76th Street.

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