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From building repairs and maintenance, energy upgrades, insurance, lobby redesigns, accounting and financing - the challenges facing co-op and condominium board directors are endless. In this series, Habitat Magazine editors interview New York City experts to learn how problems have been solved at their client co-op and condo buildings. We take a deep dive into the issues being confronted, the possibilities for solutions, the costs, the challenges, and the outcomes. Habitat Magazine, founded ...
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Whether you've served on your co-op/condo board for a long time, or just started, there are a myriad of professionals you will interact with and learn from. In this series, Habitat Magazine editors interview the leading New York property management executives to find out what works, what doesn't and where board challenges lie. You'll learn valuable insider tips and resources for solving the myriad of problems that you might face while governing your building.
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Legal Talk for Co-ops and Condos

Legal Talk by Habitat Magazine

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Co-op and condo board directors face a myriad of challenges they are not equipped to solve, and taking action can be a fraught experience. In this series, Habitat Magazine editors interview New York's leading co-op/condo attorneys for guidance on these challenges. Habitat, a New York City publication founded in 1982, is edited for co-op and condo board directors, property managers, and other professionals.
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Deer Talk Now

Deer and Deer Hunting Magazine

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Deer Talk Now Podcast is a comprehensive audio and video podcast where the white-tailed deer is the star of the show. Expert guests join the virtual deer camp each week to discuss everything from deer behavior, biology and scientific research to herd and land management, hunting ethics, newsworthy events, and hunting tips, tactics and strategies.
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NYC Real Estate

Mark Levine (EBMG)

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Join Mark Levine from EBMG, a New York City real estate property management firm as he talks everything NYC real estate with special guests and experts in the field. Mark has been in the NYC real estate sector since 1998 and enjoys talking about some of the hottest topics and questions on everything related to real estate in New York City. Have a question or something you want to add to the show, send us an email at nycrealestatepodcast@gmail.com and we'll try and cover it.
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show series
 
While the dazzle of the latest energy reduction solutions is out of bounds for many co-ops and condos, the tried and true can often achieve just as much. That’s the case at the Imperial Sanford co-op in Queens, where substantial incentives boosted a fuel switch and window replacement program that is expected to reduce energy consumption by 65-70% o…
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A new board at a 150-unit Westchester co-op was eager to take charge and make changes only to find themselves struggling with their current management company. The board couldn’t get access to the building’s financial records, had a never-ending temporary boiler instead of a completed boiler replacement and mounting tension with their current prope…
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With nearly 40% of a typical $2 million facade project going to "soft costs" like scaffolding and sidewalk sheds, smart planning of these inspections can lead to massive savings. In this episode, Gene Ferrara, president of JMA Consultants, offers an example of how one upper West Side building could save almost $900,000 by combining multiple inspect…
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A primary responsibility of the board of directors is protecting the building’s financial health. To do that, transparency is paramount. In this episode Michell Abubo, managing partner at Highrise Property Management, shares a case study of a Queens co-op where a lack of transparency was deadly, ultimately leading to a change in management. Habitat…
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During the period when a new condominium comes on the market and the sponsor finally turns over control to the condo board, who is paying for the condo’s operating expenses? The building is not fully sold so there aren’t enough paying owners to fund the budget, yet the building is operating as if it was fully occupied. Christopher Saray, manager at…
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Board inertia is a corporate disease that many members grapple with. Decisions get put off, problems grow and ultimately the health of the housing association suffers. In this episode, Andy Marks, Executive Vice President at Maxwell-Kates, explores what causes inertia and offers some guidance on how to break through it. Habitat’s Paula Chin conduct…
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Serving on your co-op or condo board can be a terrific experience, but it can turn into a personal nightmare if you or your board acts improperly. There are many legal protections, however, and Geoffrey Mazel, partner at Hankin & Mazel, provides an overview of what they are and the precautions you need to take. Habitat’s Emily Myers conducts the in…
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A Yorkville co-op's successful HVAC upgrade demonstrates how boards can tackle Local Law 97 compliance while achieving significant cost savings. The $900,000 project, overseen by the ENPOWER Group, replaced an inefficient gas-powered absorption chiller with an electric heat pump system, eliminating $80,000 in annual carbon penalties and generating …
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A cautionary tale of facade repairs at an Upper East Side condo, where initial estimates of $550,000 ballooned to $1.2 million after engineers discovered insufficient brick ties during Local Law 11 inspections. Maxwell-Kates SVP Josh Holzer shares how the board navigated this crisis through refinancing, staff reductions, and a contractor payment pl…
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If a co-op or condo building operates at a deficit, there are only two outcomes – payables are late and cash erodes. That’s what Daniel Wollman, CEO of Gumley Haft, found when he was re-hired at a condominium his firm had managed over a decade ago. How its financial condition eroded and the steps it took to regain financial health are shared in thi…
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Rainwater is becoming more intense and groundwater tables are rising throughout New York City. 10 Plaza Street East, a Brooklyn co-op, felt this full force during 2021's Hurricane Ida when its entire subcellar floor flooded, including the storage room, the laundry room and the bike room. It happened again in 2022, and the board took matters in hand…
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When a loft condominium faced a potential collapse, residents were forced to vacate, revealing the financial and logistical challenges of such emergencies. Carl Cesarano, the accountant for the condo and principal at Cesarano and Khan, discusses the complex process of securing emergency funding, the importance of reserve funds, and the critical rol…
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One of the most reliable sources of fuel for New York’s apartment buildings is gas, but the lines that it flows through — from heating to cooking — have become a critical concern because leaks often lead to complete gas shutdowns. AJ Rexhepi, CEO of Century Management, recounts how one board at a pre-war West Side co-op looked at their fuel options…
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Budgeting is always a complicated affair and increasing insurance costs have made this even more challenging. Jason Schiciano, co-president at Levitt-Fuirst Insurance & Bonding, shares how the timing of insurance renewals can help – or hinder – the challenge, and how boards can work with their brokers to stay on top of renewal timing before budgeti…
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Board members of newly constructed condominiums often find themselves battling a sponsor over construction defects, leading many to wonder why does this happen so often? Each building is different, but RAND Engineering & Architecture’s president, Stephen Varone, and engineer Roger Krupp point to several reasons why these defects seem to occur frequ…
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There are many strategies – and price points – that will reduce energy consumption in a building, and Stuart Halper, vice president of Impact Management, emphasizes an economically sensible approach. For many, there is a mismatch between New York City’s regulations and a building’s financial capabilities. In this interview conducted by Habitat’s Em…
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What approach works best with façade issues: Band-Aid repairs or full-blown replacement? Depends on each building, and 245 West 99th St, a 34-story condominium, faced this issue when inspection of 17,000 rainscreen tiles revealed cracks that could cause tiles to fall, water leaks or other failures. Eric Vonderhyde, a principal at Bertolini Architec…
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It was a dark, dim lobby with no package storage, a small mail room, faux fireplaces with two sad chairs on each side, and no curb appeal. A redesign was in order, and Marilyn Sygrove, president of Sygrove Associates Design Group, explains the process used to transform it from a totally non-functional dark space into one that set a positive tone fo…
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Host Mark Levine, owner of NYC Property Management firm EBMG LLC sits down in the studio with Anthony Corvino and Jim Slattery from Slattery Energy to discuss energy procurement in NYC area buildings. Email the show at nycrealestatepodcast@gmail.com! Topics covered on this episode include: What are ESCO's? Why should we consider locking in rates fo…
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There are two sides to every problem - and sometimes even more. When one crops up in a co-op or condo, someone has to step back, take a breath, maybe eat some crow, and get the issue resolved. In this episode, Josh Koppel, president of HSC Management, shares how an aggrieved shareholder was soothed and what it took to make that happen. This story h…
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Construction defects aren’t just a new building problem, they can happen anytime a co-op or condo hires someone to take hammer and nail to something. In this episode Akaash Kancharla, CEO of aRoboticsCompany, shares how he used robotic tools to pinpoint leaks in a newly built deck at a 50-unit Astoria co-op, saving the board millions in repair cost…
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Sometimes the smallest parts can play an outsized role in reducing your building’s energy consumption. If you’ve got radiators, look no further than the steam trap or the oddly named orifice plate to see how these components, with a bit of diligence and care, can really deliver significant savings to your building’s energy usage. Habitat’s Carol Ot…
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Technology has made managing co-op and condo buildings more efficient and has certainly changed the property management business. But how has it impacted co-op and condo board directors, where has it created vulnerabilities and how does it come into play when a property changes management companies? Alvin Wasserman, Senior Director of Asset Managem…
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Apartment lobbies come in all sizes and shapes, but one thing most have in common are mailboxes. Jonathan Baron of Jonathan Baron Interiors shares how he modernized this vital area for one co-op, including the addition of a package storage cabinet. New postal code requirements for mailbox size and package storage lockers framed the redesign. Habita…
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A bundle of projects at a downtown condominium was humming along smoothly - until they weren’t. A problem was discovered with the building’s vault which drove up expenses and suddenly costs exceeded what the board had raised for all the projects. Add in a hallway and lobby re-do, and suddenly trouble was brewing. Ira Meister, President of Matthew A…
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Hiring building staff can be a daunting exercise, particularly if it’s a key position such as a super or resident manager. One large Manhattan co-op faced this task head on when it fired its resident manager and turned to Spark Super, a third-party staffing company, for a temporary placement. James Park, Managing Director of Spark Super, shares the…
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Using wireless technology to monitor conditions in your building is the gold standard of catching leaks and other dangers. In this episode Jerry Kestenbaum, founder of Aware Buildings, explains how it can be successfully done at a price point that makes sense. The side benefit to these systems is its significant impact on your building’s insurance …
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Retrofitting a building’s elevator is one challenge, but equally important are its aesthetics. Louis Lipson, a principal at Ethelind Coblin Architects, unpacks the story of a 1910 co-op that was upgrading its elevators to meet current building codes, but had historical elevator doors that were integral to their ambience. In this interview, conducte…
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Sitting on the back burner of all the issues your board must think about are its governing documents. Often written in legalize, sometimes difficult to change and probably outdated, they may be out of sync with the needs and best practices of today. But it’s unwise to leave them to age quietly, says Neil Davidowitz, President of Orsid New York, and…
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A relatively new 41-unit condo on the lower east side of Manhattan was plagued by leaking PTAC units in owner apartments, and it filed $500,000 dollars in insurance claims over four years. That helped pay for the fix, but over the years their annual insurance premiums doubled from $35,000 to $70,000, with the prospect of a renewal costing over $100…
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Many apartment buildings with terracotta details are beautiful to look at, but with beauty comes expense if the material needs repair. Dane Barnes P.E, partner at Joseph K. Blum, was hired to do a façade inspection at a prominent Fifth Avenue co-op and found multiple cracks on the terracotta cornice. Small cracks often signify dangerous conditions …
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