Problem Solved! For Co-ops And Condos podcast

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Problem Solved! For Co-ops and Condos

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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 in 1982, is the trusted resource for New York City co-ops and condo board directors. Visit us at www.habitatmag.com

51 tập

#Business #Habitat Magazine #Real Estate #New York City #Board Of Directors #Gardening #Lifestyle #Podcasting Education #Condominium #Coop #Apartment

Problem Solved! For Co-ops and Condos

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Trang chủ series•Feed

51 tập

#Business #Habitat Magazine #Real Estate #New York City #Board Of Directors #Gardening #Lifestyle #Podcasting Education #Condominium #Coop #Apartment

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Problem Solved! For Co-ops and Condos

1
The $3 Million Second Opinion 16:48

cách đây 19 weeks trước16:48

16:48

Smart moves save money - just ask 160 West End Avenue. When this Manhattan co-op faced a $4 million facade repair project, their board sought a second opinion. The result? A more targeted approach that brought the cost down to under $900,000. John Galetta, principal at Superstructures Engineers and Architects tells the story to Habitat’s Paula Chin. Lesson learned: a thorough investigation before starting repairs can lead to massive savings. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Breaking Up With Your Property Manager? Here's Your Roadmap to Success 14:53

cách đây 20 weeks trước14:53

14:53

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 property manager. The board reached out to Tina Larsson, founder and CEO of the Folson Group , for help. In this interview Larson, acting as a consultant to the board, explains how she helped the board figure out what it was looking for and then move forward with finding new management and negotiating contract terms. Habitat’s Paula Chin conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
How Bundling NYC Building Inspections Could Save Co-ops Nearly $1M 12:29

cách đây 21 weeks trước12:29

12:29

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 inspections into one project. As NYC buildings face the end of the ninth facade inspection cycle and the beginning of the tenth in 2025, Ferrara shares practical strategies for boards to navigate these overlapping regulations while keeping costs down. Habitat’s Emily Myers conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Following the Money: What New Condo Boards Need to Know About Sponsor Exit 17:50

cách đây 22 weeks trước17:50

17:50

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 the accountancy firm of WilkinGuttenplan , explains the how this works, what new condo boards need to understand about the budget when they take over and what condo buyers should be aware of. Habitat’s Carol Ott conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
A Practical Blueprint: Yorkville Co-op's Decarbonization Plan 16:27

cách đây 23 weeks trước16:27

16:27

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 $80,000 in yearly energy savings, with a projected 5-year payback period. Habitat's Emily Myers interviews ENPOWER's Michael Scorrano, managing director, to understand this practical blueprint for other NYC buildings facing similar challenges. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Rising Waters, Brooklyn Battles: Fixing Floods in the Heart of NYC 13:33

cách đây 24 weeks trước13:33

13:33

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 by bringing in Cowley Engineering . Habitat’s Emily Myers interviews Michael Monteiro, senior project manager at the engineering firm to find out why the subcellar continued to flood and what the fix was. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
The Financial Consequences of a Condo's Near Collapse 20:57

cách đây 25 weeks trước20:57

20:57

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 role of engineering assessments. Habitat’s Carol Ott conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Meeting Your Property's Insurance Challenge 15:50

cách đây 26 weeks trước15:50

15:50

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 budgeting mistakes occur. Habitat’s Paula Chin conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
How to Create A “Best Case” Repair Program 28:11

cách đây 27 weeks trước28:11

28:11

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 frequently. For boards figuring out how to address what needs to be fixed, Varone and Krupp offer some real-world solutions on how to take an expensive critical problem and turn it into an affordable nuisance. Habitat’s Carol Ott conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Facade Fix or Repair: One Board's Decision Journey 14:55

cách đây 28 weeks trước14:55

14:55

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 Architectural Works , shares what the condo board considered when faced with repair or replacement options. Habitat’s Paula Chin conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Taking the Right Steps In A Lobby Transformation 12:56

cách đây 29 weeks trước12:56

12:56

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 for this east side co-op in New York City. Habitat’s Paula Chin conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
How A Robotics Sleuth Came To The Rescue 13:24

cách đây 30 weeks trước13:24

13:24

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 costs. Habitat’s Emily Myers conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
Steam Traps and Orifice Plates, Oh My! 13:35

cách đây 30 weeks trước13:35

13:35

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 Ott interviews Spencer Kraus, Vice President of Fred Smith Plumbing , to learn the ins and outs of the dynamic role these small parts can play. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
How Form And Function Guides A Lobby Re-Design 12:45

cách đây 33 weeks trước12:45

12:45

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. Habitat’s Paula Chin interviews Jonathan Baron. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

Problem Solved! For Co-ops and Condos

1
How To Overcome Building Staff Hiring Challenges 19:20

cách đây 34 weeks trước19:20

19:20

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 challenges such a significant hire brings, and how it can be met. Habitat’s Emily Myers conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!…

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