Written by Jennifer V. Hughes on January 07, 2014
Under Local Law 84 of 2009, large buildings must record and keep track of their energy and water use — and then the city posts the results for all to see. The letter grades are linked to a numerical score called the Energy Use Intensity (EUI), which measures the energy used by a building per square foot, per year. The median EUI for multifamily buildings in New York City is 132.1. Score a 109 or lower and you earn an A; higher than 160 is a D. But in practical terms, how well do these grades translate to real-life energy use?
December 31, 2013
The largest condominium in New York went smoke-free, boards crawled their way toward formal gun and privacy policies, buildings NIMBY'd restaurants and board prez Joan Rivers won a court battle. And, of course, some things remained constant, like the ubiquitous push-pull between residents and boards. All this and more helped make up the year in co-op and condo news … and we've got the quotes to prove it!
December 28, 2012
Homeowners rose in tax revolt again in 2012, yet politicians still failed to act to solve inequities hurting co-ops and condominiums. A board may have helped drive a resident to suicide. No-smoking rules, digitized offering plans and automated water-meter readers all made the news. And good boards and bad have their say and their day in some of the year's most interesting utterances.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?