New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021

HABITAT

KEW GARDENS

New Software Keeps Managers on a Shorter Leash

Written by Tom Soter on February 23, 2017

Kew Gardens

Property Management Tracker seeks to make everyone more accountable.

With lone elevator out of service, neighbors come to the aid of stranded Queens seniors.

With an abundance of low-lying, southern-facing roof space, the 930-unit Georgetown Mews co-op complex in Kew Gardens, Queens, has embarked on a massive solar-energy project that eventually will provide 35 percent of its energy needs. And by even the most conservative projections, it will pay off its full cost in under two years.

How did it get the funding to do this? And can you?

No matter how amazing your financing is, the last and — in the long run — the greatest of the financial attractions of a solar-power project doesn't appear in any computation of expenses; instead, it's the power the project will generate. Georgetown Mews, a sprawling, 930-unit co-op in Kew Gardens, Queens, is finally attempting to take control of that power. Its massive project will eventually provide 35 percent of the complex's energy needs and by even the most conservative projections will pay off its full cost in under two years.

The November 2013 fire was devastating. It broke out just after 7 p.m. on the third floor of the Kew Gardens co-op and quickly spread to the fourth, fifth, and sixth floors, and to an area below the roof. By the time the four-alarm fire was declared under control at 9:15 p.m., the Queens Courier reported, eight of the 168 responding firefighters had been injured, and the building, a 135-unit co-op between Kew Gardens Road and Metropolitan Avenue in Queens, was a wreck.

 

Board president Rabindra Singh was shocked by the damage. "We had a fire here about four years prior to that, but this one was about two or three times larger," Singh says. "No one ever expects to deal with a disaster of this magnitude. Everyone had to play a role in the project, from me and the other six members of the board to the architect, the property manager, and even the shareholders."

 

The sprawling, 60-acre Georgetown Mews co-op in Kew Gardens, Queens, spans a full four-block lot and has six bus stops and 930 garden apartments. Because of its ample roof space, the co-op may soon be able to install a 1,026kW solar-power system spread out over 32 separate buildings. The system will produce more than 35 percent of all the electricity consumed by this middle-class community. The price tag: $3.5 million. However, a load of incentives and a credit from Con Edison will shave the price down to a modest $458,000.

The 250-unit Normandy, located at 140 Riverside Drive on Manhattan's Upper West Side, recently phased out its old-style bulbs. For co-op board president Bennett Lincoff, convincing the other board members it was a good idea was easier than screwing in a light bulb. The fact is, according to energy experts and building managers, if you still have incandescent lighting in your building's public spaces, rather than compact fluorescent light bulbs (CFLs) or light-emitting diodes (LEDs), you're probably wasting money.

I was talking to attorney Mark Hankin, a partner at Hankin & Mazel, about "Papa Louie," one of Hankin's clients. I don't remember exactly how Louie got in touch with me — a lot comes across my desk every day — but the man intrigued me. Louie, in broken English, was pitching his life story to me, something along the lines of "My Autobiography: From Handyman to Board President."

Was he a self-promoting egoist? Or was he, as he claimed, a hard-working superintendent who graduated to the role of co-op board president? Curious, I called him up.

Larry Weinstein has worked in a variety of fields, including electrical engineering, architecture and lighting design. A resident of the 422-unit Silver Towers cond-op in Kew Gardens, Queens, Weinstein was elected president of the board last summer. Even before that, he put his professional expertise to work, supervising a retrofit of some 500 common-area lighting fixtures. By reducing their wattage from 36 to 6, the building got a $25,000 rebate from Con Ed on top of $35,000 annual savings on electricity bills.

Recent news affecting co-op / condo buyers, sellers, boards and residents. There's no other news more important this week than New York State legislators and Governor Andrew Cuomo letting the co-op / condo tax abatement expire. This, in a state where every other form of residential property gets an annual cap on tax increases. But there's a sliver of a silver lining — read the second article below and contact your representatives.

Also this week, New York City condos go on the warpath to collect arrears — read about some of the tactics now becoming commonplace. Plus, what's with all those condo boards acting like co-op boards, requiring hundreds of pages of buyers' financial data? A broker breaks it down. And did you know boards can't stop residents from operating day-care centers in their apartments?

1 2

Ask the Experts

learn more

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

Source Guide

see the guide

Looking for a vendor?