New York's Cooperative and Condominium Community

Habitat Magazine June 2020 free digital issue

HABITAT

BAY TERRACE COOPERATIVE SECTION I

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?

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!

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.

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?