Category: Building Operations

Unlike most firms managing major co-op and condo properties in the metropolitan area, Mark Greenberg Real Estate (MGRE) is not located in Manhattan or another city borough, but is situated in the quaint Long Island town of Port Washington, …

Vincent DiCeglio worked for the Long Island Lighting (LILCO) company for 24 years as a customer service representative. During that period, he discovered numerous errors on clients’ bills, and felt that consumers could use an outside advoca…

T he Cooperator’s readers follow the news. Therefore, I need not say too much about the fact that despite petroleum quotas by the Saudis and President Clinton’s attempt to build up a heating oil reserve for our region, the predictions say t…

The phrases have grown familiar to all of us. Global warming. Ozone depletion. Greenhouse effect. As recycling, composting and other eco-friendly activities become more common, the time seems right to start asking what else can be done to k…

It seems as if many of us have been here before. In the late 1970s and early ‘80s, fuel prices escalated faster than any professional forecasters in the field thought were imaginable, with heating oil soaring faster than gas, electricity, o…

With electric de-regulation well underway in New York City, increased focus is shifting toward how well the competitive system is serving customers. The phased-in process, which began in 1998, has gradually allowed customers to get their el…

One might assume that the insurance policies carried by a building would cover any mishaps that would affect residents. This, however, is a misconception. A co-op corporation or condo association takes responsibility for the structural aspe…

New York City is currently enjoying a period of prosperity and low crime rates. However, no matter how safe a building appears to be, it is important that the board doesn’t relax building security. If a building isn’t adequately secured, it…

Insurance is always a "hot-button" topic among co-op corporations and condo association boards. Since insurance is an annual expense that is not mandated by a union contract or a city tax assessment, many boards regularly "shop" their cover…

Whether you’re a co-op or condo owner or on your building’s board, you are considered a primary user of the property’s financial statements. As such, you should definitely make it a point to understand what you’re looking at–to not only be …