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Problem Solved! For Co-ops and Condos
From building repairs and maintenance, energy upgrades, insurance, lobby redesigns, accounting and financing - the challenges facing co-op and condominium board directors are endless. In this series, Habitat Magazine editors interview New York City experts to learn how problems have been solved at their client co-op and condo buildings. We take a deep dive into the issues being confronted, the possibilities for solutions, the costs, the challenges, and the outcomes. Habitat Magazine, founded in 1982, is the trusted resource for New York City co-ops and condo board directors. Visit us at www.habitatmag.com
Problem Solved! For Co-ops and Condos
The Simple System That Caught Over 3,000 Leaks
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.
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