Environmental Consciousness in Your HOA

Politicians talk about it, regulators embrace it, and associations are affected by it. No matter whether you believe that climate change is manmade or not, reducing energy use and going “green” is good for both the environment and the budget of associations. It is also a trending topic in communities everywhere. Full article here.

Self-Management Strategies

BY A.J. SIDRANSKY

The Folson Group's Tina Larsson was interviewed by The Cooperator New York on Effective Self-Management for busy Coop & Condo boards. Full article here. 

“Pay Up Or Else!” — Motivating the Habitual Late Payer

Monthly fees are your HOA’s main source of income. When they go unpaid, it can turn into a monumental financial problem, not to mention a pain in the neck for you. So how can you motivate homeowners to pay their fees — and do it on time? Full article here

The Folson Group 2018 New York Award

The Folson Group has been selected for the 2018 New York Award in the Real Estate Consultant category by the New York Award Program.

Read the full Press Release here

Shrink the Expenses

Podcast by Bill Weidner

Investment Real Estate Broker Bill Weidner interviews The Folson Group's founders on how they got started and the financial benefits of hiring them for your property or building, or coop & condo. Listen here.

Mission: Possible

By Paula Chin

The Folson Group's Tina Larsson was quoted in HABITAT on the difficulty that self-managed Coop & Condo boards face when creating their yearly budget.  Full article here. 

Fast Track to Skyrocketing Real Estate Prices: The New Public-Transit Effect

By Joanne Cleaver

The Folson Group's Tina Larsson was interviewed on the impact that the Second Avenue Subway has had on Manhattan's Upper East Side property values.  Full article here. 

What you need to know before buying into a Community Association, Coop or Condo

One of the factors that many homeowners don’t think about is that for most of them, their primary residence is their single largest investment. Other investments are managed by financial professionals. But - if you live in a community association and are not on the board, you basically write a “blank check”... Listen here. 

Controlling Legal & Other Costs

We spoke at the NYARM, New York Association of Realty Managers conference on the subject of "Controlling Legal & Other Costs" with Bruce A. Cholst of Anderson Kill. Discussion included financial analysis and treating your building like a business. Also, collection of uncollected fees, renegotiation of existing contracts, negotiation or renegotiation of projects, and implementing proactive policies & procedures that reduce overall costs of operating a building.  

Watch the video here.

Disrupters in the Residential Real Estate Industry

New York City’s changing demographics is one of the factors stirring the way in which owners and shareholders either accept or object to their yearly increases in common charges or maintenance fees. Manhattan-based cost-consultant The Folson Group, is the answer to the demand to make buildings more cost-efficient in order to justify this growing need.

Full article here. 

Unfixing "Fixed" Costs

By Marianne Schaefer

Most co-op and condo boards are hamstrung by fixed costs, which can eat up nearly 90 percent of the operating budget. The treasurer of this 165-unit Upper East Side co-op was particularly dismayed by her building’s water and sewer bill, which was...

We were interviewed by Marianne Schaefer of Habitat Magazine on how we helped one buildings greatly reduce its water use. Full story here

Operating Buildings More Efficiently

JOHN SHEGERIAN on iHeart Radio's GreenIsGood: The Folson Group's Tina Larsson describes how a greener operations mindset mean big economic savings for residential buildings. 

Listen here. 

Cut your co-op monthlies: 5 ways to tackle 'fixed' building costs

By Leigh Kamping-Carder

Conventional wisdom says that almost all of a co-op building's expenses - about 90 percent by one estimate - are fixed, leaving shareholders little say on how their monthly maintenance fees are spent, and little room to save. Full story here.