Problem Solved! For Co-ops and Condos

Insurance carriers are abandoning New York buildings at an alarming rate, and your co-op or condo could be next. Jason Schiciano, co-president of Levitt-Fuirst Insurance and Bonding, reveals how a 108-unit cooperative saw their premium nearly triple after being non-renewed by their carrier. Learn why insurance companies are walking away from New York buildings and discover the red flags that could put your building at risk. Schiciano shares practical strategies to protect your building's insurability, and reveals why addressing maintenance issues now could save your board from a financial crisis later. 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!

When a small Manhattan co-op suddenly saw its budget spike, rising costs weren’t the culprit — it was an administrative filing error. Turns out the co-op had lost its co-op tax abatement worth $60,000 because its management company had missed the rule regarding prevailing wage requirements. Avi Zanjirian, partner at Czarnowski & Beer walks us through how the board discovered the oversight, fixed the problem, and ultimately got the abatement reinstated. 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!

When a routine facade inspection uncovered a catastrophic structural failure, the garage at an Upper East Side co-op became a ticking time bomb. In this episode, Michael Monteiro, senior project engineer at Cowley Engineering, explains why ramps are the canary in the coal mine for structural issues, what warning signs residents can spot themselves, and how ignoring deterioration can lead to hundreds of thousands of dollars in repairs. With 1,600 NYC properties still non-compliant with new inspection rules and the DOB conducting surprise inspections, this conversation could save your building from disaster.  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!

Water damage is insidious: it will eat into your building's budget and drive up insurance costs. John Rusk, president and co-founder of ProSentry, reveals how an affordable leak detection system can transform your building's risk profile through the story of a condominium that saved $300,000 on insurance after installing sensors throughout the building. You'll learn about the surprisingly simple installation process and how you may even end up with a discount on your insurance. If you're facing rising insurance premiums or struggling with repeated water damage, this episode offers practical solutions that pay for themselves. 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!

Time is running out for New York co-op and condo boards facing Local Law 97's 2030 compliance deadline, but there's a smart path forward. Punit Shah, Vice President of Existing Buildings at Bright Power, shares the surprising reality facing one Upper East Side condo that was looking at massive penalties. Shah reveals the three-phase approach that's transforming buildings across the city, from quick-payback retrofits to electrification readiness measures. Whether your building can achieve full electrification or needs hybrid solutions, this episode provides the actionable roadmap every board member needs to hear before 2028. 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!

When a post-war Upper West Side co-op decided to electrify to meet Local Law 97 requirements, they thought they had a clear roadmap. But what started as a $2 million project quickly spiraled into something much bigger and much more complex. Tina Larsson, CEO of The Folson Group, reveals why even well thought out projects can double in cost and scope. If you're planning any major infrastructure work, her insights could save your building from similar surprises. 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!

Gas shutdowns are every building's nightmare, and depending on which service is affected residents could be without heat, cooking or laundry service for who knows how long. Getting service restored can open a can of worms though, particularly in a laundry room. Ashley Erichsen, an account executive at Automatic Industries, explains why and details the journey of a large Bronx co-op to get its laundry room back up and running after a gas shutdown. 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!

Board members taking control of new condominiums need to engage an independent accountant to perform a proper financial true-up — before it's too late. Amy Jennings, a manager at WilkinGuttenplan, reveals how one Manhattan condo board discovered their sponsor owed them six figures only after the waiver period (when the sponsor markets the building by waiving common charges) ended. The building had secretly been running at a loss for at least a year. Worse, this isn't an isolated incident. Jennings explains the crucial differences in accounting that create these budgeting gaps. If your building recently transitioned from sponsor control, this episode could save your building substantial money. 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!

Water waste is often a silent drain on your building’s finances, and it takes a bit of sleuthing to find the source. Alan Rothschild, president of the Vantage Group, a water cost management consultancy, reveals how one Harlem condominium discovered their commercial tenant was secretly using water-cooled refrigeration equipment that bypassed their sub-meter, costing the building thousands annually. He shares practical strategies for  identifying waste, the real cost of sub-metering commercial spaces, and what professional water conservation tune-ups actually accomplish. 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!

When an Upper East Side co-op’s gas pipes failed Local Law 152 inspection and service was immediately shut off, what happened next could have cost over half a million dollars. Instead, smart planning kept repairs under $200,000, and engineering expert Peter Varsalona, principal at Rand Engineering and Architecture, reveals the step-by-step strategy that saved this building from disaster. Learn why testing gas systems in sections was crucial and how individual apartment meters created unexpected complications. Discover why waiting for the mandatory four-year inspection is a costly mistake, learn specific alteration agreement language that protects your building from shareholder-caused gas shutdowns, and understand when converting to electric makes financial sense. This real-world case study could save your building hundreds of thousands of dollars and months of resident disruption. 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!