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Problem Solved! For Co-ops and Condos
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Problem Solved! For Co-ops and Condos

Author: Habitat Magazine

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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

24 Episodes
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It takes a motivated board — or at least one motivated board member — to jump-start energy reduction projects. That describes a Bronx board president, who not only wanted to improve his building’s energy performance but also wanted to reduce the operating costs for shareholders. Thomas Morrison, director of energy management at the engineering firm En-Power Group, describes how this mission was accomplished in an interview with Bill Morris of Habitat Magazine.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!
Unforeseen problems, delays, cost overruns — elevator repair jobs rarely go off without a hitch, which can cause big dents in a building's repair budget. In today’s episode, Donald Gelestino, president at Champion Elevator, shares two cautionary tales that offer the same lesson: When tackling elevator repairs, you’d be wise to expect the unexpected. Donald Gelestino is interviewed by Paula Chin of Habitat Magazine.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!
Asleep At The Switch

Asleep At The Switch

2023-05-0308:54

When it comes to managing co-op and condo finances, boards can’t afford to be complacent — yet, some are. Take the case of one New York co-op, which found itself owing $300,000 in real estate taxes and water and sewage bills due to negligent management.  Avi Zanjirian, a partner at the accounting firm Czarnowski & Beer, is here to tell the cautionary tale. Avi Zanjirian is interviewed by Paula Chin of Habitat Magazine.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!
When a condo is governed by a board with competing interests, getting things fixed can be slow going. At one such Manhattan condo ongoing water infiltration from a public plaza was compromising structural integrity of a below grade parking garage. Figuring out what needed to be fixed and getting the approval from owners with different interests and involvement, well, that’s not an easy task. Kevin Bone, principal at Bone/Levine Architects, tells the story of what needed to be done and how, ultimately, all agreed to do it.  Kevin Bone is interviewed by Carol Ott of Habitat Magazine.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!
Budgeting in Real Time

Budgeting in Real Time

2023-04-0406:32

Between high inflation, rising expenses, and the lingering effects of the pandemic, it’s never been harder for co-op and condos to balance their budgets. Carl Cesarano, principal at the accounting firm Cesarano & Khan, explains how boards can navigate today’s challenging landscape — whether negotiating commercial leases, refinancing the mortgage or trimming expenses — by evaluating and readjusting their options in real time. Carl Cesarano is interviewed by Paula Chin of Habitat Magazine.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!
There are countless buildings in New York City that owe their elegance to terracotta. Caring for it, though, has grown more complicated and expensive in the past few years. Richard Koenigsberg, the founder and president of Koenigsberg Engineering, explains why this is so and what to expect if terracotta is on your building.  Richard Koenigsberg is interviewed by Carol Ott for Habitat Magazine.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!
It’s much more difficult for co-ops and condos to get a good general liability insurance policy today. There are fewer carriers, coverage is shrinking and price tags are growing. In this episode, Jonathan Steward, vice president at OSA Insurance Brokerage Services, explains what co-op and condo boards need to do to find an affordable carrier in this challenging market. Jonathan Steward is interviewed by Carol Ott for Habitat Magazine.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!
When apartment residents have to wait 15 to 20 minutes for hot water to reach them, it’s not only a nightmare but it’s wasteful and expensive. In this episode, Peter Varsalona, principal and vice president at RAND Engineering & Architecture, outlines the fix at one Manhattan condo to recirculate the water at a faster pace and cut costs in doing so. Peter Varsalona is interviewed by Habitat's Carol Ott.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!
A Westchester condo thought it had an insurance deal from a new carrier. But after the carrier inspected the property, it decided the physical conditions weren’t up to snuff and it wanted to walk, leaving the condo in the lurch. In this episode, Jason Schiciano, co-president at Levitt-Fuirst Insurance, explains what happened next, and offers some words of insurance wisdom to others who might be facing the same situation. Jason Schiciano is interviewed by Bill Morris for Habitat Magazine.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!
Detecting the source of water leaks on building roofs and exterior walls can sometimes be more difficult than fixing the problem. But Akaash Kancharla, chief executive at aRoboticsCompany, has some good news for co-ops and condos — a new generation of sophisticated robotic machines that can pinpoint air and water leaks in buildings for far less than paying humans to do the job. Akaash Kancharla is interviewed by Carol Ott for Habitat Magazine.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!
It’s no surprise that it’s hard to keep up with programs and subsidies involving solar energy; the industry changes so fast that it’s jokingly referred to as the solar coaster. In this episode, Russell Wilcox, founder and CEO of the solar developer Urban Energy, describes “Behind the Meters,” a configuration that flows electricity directly to apartments rather than into the wider electric grid. Russell Wilcox is interviewed by Paula Chin for Habitat Magazine.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!
Among the many financing decisions facing co-op and condo boards, refinancing the property's underlying mortgage — which is typically done to pay for capital repairs — is one of the most challenging, and complicated. In this episode, Harley Seligman, senior vice president at the National Cooperative Bank, sheds light on the biggest misstep boards make when refinancing  — which is not borrowing enough. Harvey Seligman is interviewed by Paula Chin for Habitat Magazine.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!
It may seem counter-intuitive, but co-op and condo boards can save money by doing major building repair projects back-to-back. Leon Geoxavier, senior project manager at Howard Zimmerman Architects, and Evan Petkanas, president of STONE Engineering & Architecture, are here to tell us how one building facing both a roof replacement and facade repairs did just that. The price tag was hefty, but smaller than if the projects had been done separately. Leon Geoxavier and Evan Petkanas are interviewed by Bill Morris for Habitat Magazine.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!
When it comes to property insurance, co-op and condo boards can’t be too careful about making sure they are adequately protected. In this episode, Gina Corso, business account manager at the insurance firm Mackoul Risk Solutions, tells the story of how one oceanfront condo discovered its carrier didn’t cover its beachfront exposure — and had to scramble to find a solution.  Gina Corso is interviewed by Paula Chin for Habitat Magazine.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!
Brace yourself for the next cycle of New York City’s facade inspection program, because projects are becoming top heavy with soft costs. Take the initial inspection. In the past that could cost a 15-story co-op or condo $9,000, now it’s anywhere from $31,000 to $53,000. That’s only the start, and you haven’t even replaced one brick. In this episode, Eugene Ferrara, president of the consulting and engineering firm JMA Consultants, explains how to navigate this difficult, and costly, market. Eugene Ferrara is interviewed by Paula Chin for Habitat Magazine.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!
Banishing Brown Water

Banishing Brown Water

2022-12-1306:09

It’s not just unsightly — the brown water coming out of the taps in your building contains particles and sediment that can damage everything from your basement boilers all the way up to your rooftop water tank. In this episode, Spencer Kraus,  vice president of Fred Smith Heating & Plumbing, explains how to stop brown water at the source before it damages your building’s plumbing systems. Spencer Kraus is interviewed by Bill Morris for Habitat Magazine.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!
Location is everything, as they say, and that includes doorman stations. In older co-op and condo buildings, they are often situated in places that make the doorman's job a lot harder, especially when the doorman is also responsible for accepting packages. In this episode, Marilyn Sygrove, president of Sygrove Associates Design Group, shares how one co-op renovated its old, dysfunctional doorman station into one that works for today’s requirements. Marilyn Sygrove is interviewed by Paula Chin for Habitat Magazine.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!
If you’re concerned about your building’s energy use, and particularly if you want to lower it, you’ll need to pay attention to its systems. Not just when something breaks, but all the time. Technology can do that, allowing data to be collected so that systems can be adjusted and monitored for performance. Darren Johnson, account manager at Bright Power, an energy management company, explains how the smart technology works and how buildings can take advantage of it. Darren Johnson is interviewed by Carol Ott for Habitat Magazine. 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!
To meet the high cost of maintaining condo properties, boards often have to make the hard choice between borrowing money or imposing assessments on unit-owners. Either way, there are decisions of fairness to consider and important operational details to work out. In this episode, Mohammed Salyani, a principal at the accounting firm WilkinGuttenplan, explains the ramifications of various options.  Mohammed Salyani is interviewed by Carol Ott for Habitat Magazine.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!
One of the most controversial projects a co-op or condo can do is to redesign its lobby. One person likes green, another likes blue. One likes marble, another likes wood. Even if everyone can agree on the redo, last minute changes can cause tumult. On today’s episode, Louis Lipson, senior associate at the architecture firm Ethelind Coblin, shares the story of a lobby project at 785 Fifth Avenue in New York City, when last minute changes to a feature wall almost derailed everything. Louis Lipson is interviewed by Carol Ott for Habitat Magazine.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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