Category: Building Operations

Insurance
1997 Jul/Aug Directors' and Officers' Insurance

Being elected to serve on the board of your co-op or condo can be viewed as a great honor or a dreadful burden. Those who look for the positive in any new situation will focus on the fact that their neighbors have confidence in their lea…

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Finance
1997 Jul/Aug Back From the Brink of Disaster:

Co-op and condo boards, together with their professional managers, are responsible for their properties' financial well-being. Every financially-challenged property faces the same perils: an inability to meet ongoing expenses, the consequen…

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Maintenance
1997 Jul/Aug Regulating Boiler Repairs

You probably don't think about your building's boiler very often. As long as it provides heat and hot water, it's pretty much out-of-sight, out-of-mind. And when the boiler does need repair, you probably depend on your management company …

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Design
1997 May Renovation Woes

Every day in New York City interior renovation work is taking place that is illegal to a greater or lesser degree. Just because the work looks good, does not mean that it meets Building Code requirements or that it's what the board of di…

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Design
1997 May Re-Designing Common Areas

If two people have a hard time agreeing on what movie to see, it would seem impossible that the residents of even the smallest co-op or condo building would be able to agree on a color scheme for the new lobby. But that's no excuse for…

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Design
1997 May Kitchen Makeover

How do you take a small kitchen, make it three times as large and make sure that it fits in with the rest of the apartment? Interior designer Gail Green would say very carefully. And that is exactly what she did for one family's kitche…

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Management
1997 May The Self-Management Option

The co-op and condo universe can be divided into two types of properties: The vast majority that engage a professional management firm and those that choose to go it alone. All properties need the services that good full-service managemen…

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Maintenance
1997 Apr Capital Improvements

What can a board do if its building is faced with extensive capital work while recovering from the real estate slump of the early 1990s? Assessments are unpopular and reserves are low. There's a desire to have construction operations com…

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Maintenance
1997 Apr Gas Deregulation

In Spring, 1996 New York State made it legal for small-volume users in the metropolitan area to purchase natural gas from sources other than the major utility companies such as Consolidated Edison (Con Ed) and Brooklyn Union Gas (BUG). Ho…

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Maintenance
1997 Apr A Unique Source of Funding

In 1988 Mayor Ed Koch announced a new program that would give homeowners and multiple-dwelling buildings ten years to switch over to water meters, a program that is scheduled for completion by December 31, 1998. With this change, all New …

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