Congratulations on your new role! Stepping into a position on the coop board of an NYC coop is both exciting and challenging. You've been entrusted with a vital responsibility—your leadership will significantly impact the quality of life for all residents in your community. This is more than just a role; it’s an opportunity to make meaningful changes and create a positive living environment for everyone.
Read MoreAs a coop board member, ensuring the safety and compliance of your building is paramount. With the introduction of NYC Local Law 157, mandating the installation of natural gas detectors in all residences, it's crucial to plan effectively for this requirement. Understanding the financial implications and planning ahead will not only ensure compliance but also contribute to the safety and well-being of your residents. So, let's dive into the natural gas alarm law and how you can plan it effectively in your coop or condo.
Read MoreIf you own or serve on the board of a cooperative or condominium in NYC, you might feel unsure about what each person's roles and responsibilities are. This includes your staff, board members, and especially your property manager. Knowing who does what is really important for being a good neighbor and for boards to keep your building running smoothly.
Read MoreWelcome, Manhattan Coop and Condo Board Members! In the sphere of urban architecture and safety regulations, New York City sets the standard with its stringent building codes and standards. As stewards of your community's safety and integrity, understanding these regulations, particularly the Façade Inspection Safety Program (FISP), is paramount. This informative explainer is tailored just for you.
Read MoreAs the days are slowly getting longer and the imminent arrival of summer, coop boards in New York City find themselves at a pivotal juncture. Now is the perfect opportunity to ensure their Heating, Ventilation, and Air Conditioning (HVAC) systems are ready to combat the sweltering heat that characterizes NYC summers. Whether it's the hum of central air conditioners or the whir of through-the-wall units, energy efficiency consultants play a vital role in assisting co-op boards in navigating this seasonal transition. Let’s explore the ins and outs of heating and air conditioning in NYC buildings.
Read MoreAs we step into a new year, it's a perfect moment to reflect on the strides made and to look ahead with optimism. Your coop or condo isn’t just a building, it’s a community, a home, and an investment. Beyond being a mere chronological transition, a new year signifies a fresh start upon which our lives, experiences, and aspirations will be woven. This year also signifies the effectiveness of Local Law 97, which makes this year an especially transformative moment for your coop or condo. Using various tools when crafting a more promising future for your building is more important than ever.
Read MoreConsidering a Reverse Mortgage in your coop? Your Questions Answered!
Making financial decisions, especially concerning your coop in the vibrant landscape of NYC, can be overwhelming. For many coop owners, considering a reverse mortgage can open doors to financial flexibility. Yet, the crucial question lingers: Is a reverse mortgage in NYC coops the right choice for you? In this article, we delve into this important inquiry through common questions and expert insights.
Read More'Tis the season for giving, and what better way to show appreciation than by tipping your building staff for their year-round service and dedication? The holiday season is a perfect time to express gratitude to the hardworking individuals who keep our coop and condo buildings running smoothly. At The Folson Group, we understand the importance of fostering a sense of community within your NYC coop building.
Read MoreEver found yourself navigating the tricky waters of a coop board with that one steadfast but hesitant volunteer? Picture this: a decision hangs in the balance, and despite the collective will of the board, this one individual assumes/ possesses the power to halt, delay, or even stop progress. It's the classic tale of one person holding the reins, creating a dilemma that echoes throughout the entire boardroom. Let's unravel the challenges of breaking through the hesitation barrier for the greater good of your coop owners.
Read MoreIn the busy landscape of coop and condo board management and responsibilities, the tragic incident at Champlain Towers South underscored the critical need for a proactive approach. Learn how adopting a proactive mindset can not only enhance the safety and well-being of residents but also create a positive living environment.
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