Many of us are entering the new year with a similar goal — to build community and connect more with others. To kick off season five, Priya Parker shares ideas on how to be the host with the most. An expert on building connection, Priya is the author of “The Art of Gathering: How We Meet and Why It Matters.” Whether it's a book club, wedding, birthday or niche-and-obscurely themed party, Priya and Chris talk about how to create meaningful and fun experiences for all of your guests — including yourself. For the full text transcript, visit go.ted.com/BHTranscripts . For the full text transcript, visit go.ted.com/BHTranscripts Want to help shape TED’s shows going forward? Fill out our survey here ! Learn more about TED Next at ted.com/futureyou Hosted on Acast. See acast.com/privacy for more information.…
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محتوای ارائه شده توسط Habitat Magazine. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Habitat Magazine یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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Budgeting in Real Time
Manage episode 360079882 series 3397088
محتوای ارائه شده توسط Habitat Magazine. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Habitat Magazine یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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!
54 قسمت
اشتراک گذاریManage episode 360079882 series 3397088
محتوای ارائه شده توسط Habitat Magazine. تمام محتوای پادکست شامل قسمت‌ها، گرافیک‌ها و توضیحات پادکست مستقیماً توسط Habitat Magazine یا شریک پلتفرم پادکست آن‌ها آپلود و ارائه می‌شوند. اگر فکر می‌کنید شخصی بدون اجازه شما از اثر دارای حق نسخه‌برداری شما استفاده می‌کند، می‌توانید روندی که در اینجا شرح داده شده است را دنبال کنید.https://fa.player.fm/legal
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!
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Board members struggling with constant water damage need to hear this: Jerry Kestenbaum, CEO of the technology and service provider Aware Buildings , explains how one 220-unit luxury co-op in Sutton Place transformed from having staff literally walk hallways listening for leak alarms to deploying a sophisticated wireless sensor network that catches problems in real time. Learn how this building invested $85,000 upfront to eliminate the chaos of battery-operated sensors that died at the worst moments, and discover the surprising connectivity solutions that work when cellular signals fail and running new cables isn't an option. Beyond immediate leak detection, Kestenbaum explains the critical insurance implications that could save your building from being dropped by carriers entirely. With water damage claims forcing insurers to abandon "leaky buildings," this technology isn't just about convenience anymore — it's about maintaining insurability and competitive rates in an increasingly difficult market. 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!…
Tired of sky-high heating bills and residents complaining about wildly uneven temperatures? In this interview, Kelly-Ann Corrigan, CEO at the technology and service provider Runwise , reveals exactly how a 191-unit Bronx co-op transformed their bottom line using wireless sensor technology and strategic system upgrades. You'll discover how they invested just $60-70K and now save $50-60K every year on heating costs alone, plus an additional $50K in water savings by switching from fixed-rate to metered billing. Board will learn practical strategies for detecting hidden problems like steam distribution issues and water leaks that silently drain budgets. Corrigan covers everything from understanding master steam venting to navigating Local Law 97 compliance, plus how modern building monitoring can extend equipment lifespan and prevent costly emergency repairs. Whether you're facing budget pressures or preparing for carbon emission regulations, this episode offers a roadmap for turning building efficiency into serious savings. 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!…
Think your digital payment system is safely depositing maintenance fees directly into your building's account? Think again. This eye-opening episode reveals how a Queens co-op discovered their payments were making mysterious detours through unauthorized intermediary accounts before reaching their bank. Carl Cesarano, managing shareholder at the auditing and accounting firm Cesarano & Khan , exposes the hidden risks lurking in popular payment platforms. You'll learn why that convenient digital system might actually be creating dangerous blind spots in your financial oversight, how these payment delays can wreck your building's cash flow planning, and what red flags to watch for when reviewing your bank statements. Whether you're a treasurer trying to track down missing payments or a board member wondering why your budget projections keep falling short, this episode delivers the insider knowledge you need to protect your building's finances. 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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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!…
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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Problem Solved! For Co-ops and Condos
Using wireless technology to monitor conditions in your building is the gold standard of catching leaks and other dangers. In this episode Jerry Kestenbaum, founder of Aware Buildings , explains how it can be successfully done at a price point that makes sense. The side benefit to these systems is its significant impact on your building’s insurance loss record – catch a leak before it does damage and you can avoid filing insurance claims for the repairs. 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!…
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Problem Solved! For Co-ops and Condos
Retrofitting a building’s elevator is one challenge, but equally important are its aesthetics. Louis Lipson, a principal at Ethelind Coblin Architects, unpacks the story of a 1910 co-op that was upgrading its elevators to meet current building codes, but had historical elevator doors that were integral to their ambience. In this interview, conducted by Habitat’s Paula Chin, he explains how the two challenges were met. 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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Problem Solved! For Co-ops and Condos
A relatively new 41-unit condo on the lower east side of Manhattan was plagued by leaking PTAC units in owner apartments, and it filed $500,000 dollars in insurance claims over four years. That helped pay for the fix, but over the years their annual insurance premiums doubled from $35,000 to $70,000, with the prospect of a renewal costing over $100,000. Habitat’s Paula Chin speaks with Sophie Bird, senior vp at IMA Financial Group, to find out what they did to rein in these costs and make themselves more attractive to other carriers so they could get insured. 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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Problem Solved! For Co-ops and Condos
Many apartment buildings with terracotta details are beautiful to look at, but with beauty comes expense if the material needs repair. Dane Barnes P.E, partner at Joseph K. Blum , was hired to do a façade inspection at a prominent Fifth Avenue co-op and found multiple cracks on the terracotta cornice. Small cracks often signify dangerous conditions underneath. “When we see these kinds of conditions our heart sinks because we know we’re going to have to give bad news to the board.” In this episode of Problem Solved, Habitat editor Paula Chin interviews Dane Barnes to learn how the bad news was delivered, what materials were proposed for the fix, how the project passed all the regulatory hurdles, the project cost and the final outcome. 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!…
Some people own multi-million-dollar apartments, others on a more modest scale, but doing laundry in a communal laundry room is one activity that levels the playing field. That makes the choice of a laundry room vendor crucial to providing a space that meets the needs of the community while at the same time a much-needed revenue source. In this episode Habitat Magazine's Carol Ott speaks to Automatic Industries president Denise Savino about user-friendly solutions for diverse demographics, laundry room legalities, technology, different types of laundry room contracts and the timing sequence of searching for a new vendor or negotiating with your current one. 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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Problem Solved! For Co-ops and Condos
Around 1500 buildings in New York City use Con Ed steam for heating and cooling, and many are considering moving to electricity to reduce their carbon emissions. If your building has a distribution system that uses the same pipes for heating and cooling, like the Beekman Hill co-op discussed in this episode, there are steps to take and timing issues to consider. Habitat Magazine's Carol Ott speaks to Controlled Combustion president Michael Bendjouya about what those are. 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 not uncommon for condos with commercial space to find the owner of that space isn't contributing adequately to the shared expenses of the building. The board then finds itself doing assessments for residential owners while the commercial owner's monthly payments stay flat. The question is, how to get out of this situation without discord or a lawsuit? Avi Zanjirian, CPA and partner at Czarnowski & Beer shares how a 15-unit condo-op on Manhattan's West 3rd Street accomplished this. Habitat Magazine's Emily Myers interviews Avi Zanjirian. 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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Problem Solved! For Co-ops and Condos
Apartment buildings that are heated and cooled by centralized systems are prime candidates for technology that can monitor and adjust all the controls needed to power the systems. In this episode, Habitat’s Emily Myers talks with Robert Post, senior sales engineer at Parity , to learn how a Harlem co-op embraced this technology to lower their energy costs by monitoring and tweaking motor speeds, temperature settings and pressure set points. 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!…
Managing risk in co-op and condo buildings is more crucial than ever as insurance rates soar. Many boards are now requiring residents to have their own apartment insurance, but enforcing this is no small feat. In this episode, Habitat’s Carol Ott talks with Kara Ryan, Director of Compliance at Mackoul Risk Solutions Insurance , to uncover the challenges of specifying adequate insurance, tracking policies, and ensuring compliance. Join us to discover practical solutions for safeguarding your building and maintaining peace of mind. 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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Problem Solved! For Co-ops and Condos
In the heart of Manhattan, a towering condominium grappled with a recurring nightmare: leaky Con Ed steam pipes wreaking havoc on its residents' homes. Each incident left a trail of destruction, prompting the board to confront a crucial decision: persist with costly repairs or embark on a bold transformation. Faced with a repair bill soaring between $15 to $20 million, the board discarded the old centralized system in favor of sleek, modern in-unit heat pumps, a transformational move priced at $7 million. Not only did this stop the leaks, it allowed residents to determine their own heating and cooling needs within their own walls. Ramez Afify, principal at E4P Consulting Engineering explains what the condo faced and the details of its choices. Habitat Magazine's Carol Ott conducts the interview. This episode is sponsored by Parity. 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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Problem Solved! For Co-ops and Condos
When apartment owners in a NYC co-op or condo want to renovate their units, most will sign an alteration agreement and then their plans are sent to the building's architect for review. Difficulties ensue when the reviewing architect says the work needs a permit from the city, and the apartment owner insists it doesn't. Kevin Bone, co-founder of Bone/Levine Architects , explains the ramifications of this push-back and why boards should be strict about allowing certain types of work to proceed without a permit. Habitat Magazine's Emily Myers conducts the interview. This episode is sponsored by NYSERDA. 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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Problem Solved! For Co-ops and Condos
In New York City noise is a common problem. Sleep issues used to be the biggest complaint, but as the world has shifted to remote work, day-time noise has become a new distraction in apartment buildings. Developers of new condos in commercial areas are facing day-time noise issues and it's impacting the sale of their units. Michael Lentin, Founder of CitiQuiet Windows, a brand of interior soundproof windows, shares how his firm has worked with developers to proactively address this post-pandemic concern. And in the era of climate change, even Con Edison has jumped on the interior window bandwagon to provide incentives for buildings to use an interior window as a less expensive alternative to a complete window overhaul. Habitat Magazine's Carol Ott interviews Michael Lentin, founder and owner of CitiQuiet Windows. This episode has been brought to you by NYSERDA. 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 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!…
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Problem Solved! For Co-ops and Condos
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!…
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Problem Solved! For Co-ops and Condos
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!…
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Problem Solved! For Co-ops and Condos
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!…
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Problem Solved! For Co-ops and Condos
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!…
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