From major energy providers to niche sustainability innovators, it seems as if everyone these days is clamoring to get a piece of that celebrated green market. New York condo and co-op boards have taken note, and many have begun to explore …
In the context of multifamily communities, there are two kinds of budgets: a capital, or reserve budget, and an operating budget. Capital budgets apply to long-term, big-ticket projects like new roofs or an HVAC overhaul. By contrast, the o…
The process of producing energy for metropolitan area co-ops and condos has dramatically evolved in recent years, advancing to the point in which Lewis Kwit, the president of Energy Investment Systems, based in Manhattan, makes a relatively…
Are you a building manager who wants to retrofit your building with energy-efficient lighting? Or maybe you're a board trying to re-do your central air conditioning system, but you don’t know if you have it in your budget? Thankfully, there…
Cleaner skies, healthier lives and a shinier Big Apple are some of what the much-talked-about changeover from No. 6 and No. 4 fuel oil is intended to accomplish. Under New York City's “Clean Heat” mandate (part of former Mayor Michae…
These days, it seems like everybody is looking to 'go green.' The term is shorthand for a movement of environmental awareness that involves everything from the way architects design new buildings and homes to the ways co-ops, condos and HO…
While crime rates are steadily decreasing nationwide—even in the Big Apple—multiunit dwellings are often more difficult to 'police' due to the number of residents, visitors, delivery personnel and third party workers such as contractors. A…
Saving money is always a top concern of any co-op or condo board, but with tough economic times and high fuel prices, saving on energy costs can be a challenge. Thanks to deregulation of the New York energy market a little over a decade ag…
Whether condo associations will buy into the so-called “electric highway” has become the perennial $64,000 question. And the answer? The electric vehicle or EV revolution is coming, albeit slowly. ChargePoint, Inc., wh…
Green truly is the new black in New York City. As more and more co-ops, condos and HOAs look to save money as expenses rise, more and more boards, shareholders and unit owners are exploring ways to incorporate “greening” into their buil…