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How To Run Your Building! For Co-ops and Condos
Whether you've served on your co-op/condo board for a long time, or just started, there are a myriad of professionals you will interact with and learn from. In this series, Habitat Magazine editors interview the leading New York property management executives to find out what works, what doesn't and where board challenges lie. You'll learn valuable insider tips and resources for solving the myriad of problems that you might face while governing your building.
Episodes
64 episodes
How to Turn a Two Million Dollar Crisis Into a Win
When a condominium's facade project ballooned to over two million dollars, the board was facing a crisis. The solution involved unconventional contractor negotiations and a prepayment strategy that surprised everyone with its success. In this e...
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Season 3
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Episode 6
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40:10
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How Withholding Information Complicates Management Transitions
Behind many co-op and condo property management switches are stories of broken trust, hidden problems, and boards desperate for answers. Andre Kaplan, CFO at Orsid New York, and Scott Soifer, Senior VP at
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Season 3
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Episode 5
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22:41
Did Your Building's Budget Problems Start Years Ago?
You probably think your board is managing your building’s finances responsibly. But are you certain? In this episode, three of New York City's leading property management CEOs discuss case studies that expose how buildings can easily spiral int...
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Season 3
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Episode 4
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33:33
Why NYC Property Management Just Got Extremely Complicated
Something fundamental has shifted in NYC property management, and Kyle Gregory from New Way Management and Margaret McAdams from Buchbinder & Warren...
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Season 3
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Episode 4
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40:37
Why Management Transitions Fail — and How to Avoid Disaster
If you’re thinking about switching management companies, buckle up. You might be preparing to sabotage your new management relationship without even realizing it, particularly if you leave important details about the state of your building unsa...
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Season 3
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Episode 3
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36:18
How Smart Planning Prevents Building Panic
Planning and executing building projects is a board’s key task, which sounds much simpler than it actually is. Complicating the task is timing, financing and communicating to building residents. Habitat’s Emily Myers speaks with Ira Meister, Pr...
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Season 3
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Episode 2
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36:12
The Hidden Challenges of Switching Management Companies
Changing managing companies can be a fraught endeavor, but it’s a hurdle many boards will face at least once. Habitat’s Emily Myers sits down with three seasoned NYC property management experts: Mark Le...
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Season 3
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Episode 1
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37:38
When Your Building's Mortgage Bomb Explodes in 2025
If your building's mortgage is coming due soon, you're not alone — and you're definitely not prepared for what's coming. Don Einsidler, president of Einsidler Management, reveals the harsh reality facing...
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Season 2
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Episode 35
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12:55
Why Your Next Construction Project Needs a Professional Quarterback
It's true that construction projects tend to go over budget, behind schedule, and drive residents crazy. Matt Resnick, senior director of project management at AKAM, explains the hidden costs that can blow your b...
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Season 2
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Episode 34
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13:20
Your Commercial Unit Owner May Be Secretly Costing You Thousands Every Year
Surprise! You might be subsidizing your commercial unit owner's expenses. This eye-opening conversation with property management expert Greg Poverelli, senior property manager at Harlem Property Management, r...
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Season 2
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Episode 33
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14:05
Breaking the Two-Thirds Barrier and Successfully Updating Your Building's Governing Documents
If you're struggling to get enough votes to update your building's outdated governing documents, Mark Levine, principal at EBMG Management, offers a roadmap for success. You'll discover why a West Village co-op n...
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Season 2
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Episode 32
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15:23
Inside a Co-op's Insurance Nightmare and Remarkable Recovery
If your building was suddenly hit with a 400% insurance premium hike, who do you turn to? That was the question facing a Queens co-op after a devastating fire. Vik Shingwani, a property manager at First Mana...
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Season 2
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Episode 31
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11:58
Building a Better Future with Smart Reserve Planning
Do you know why an effective capital reserve plan is crucial for your building's financial health? Learn how one Chelsea condo transformed their approach to multi-million dollar projects in this eye-opening conversation with Sara Gierloff, CFO ...
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Season 2
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Episode 30
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13:34
Facing NYC's "Perfect Storm" of Compliance Deadlines
It's coming: the convergence of multiple critical compliance deadlines that could devastate your building's finances. Hear how one 63-unit co-op is tackling the triple threat of Local Law 11, garage inspections, and Local Law 97 carbon emission...
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Season 2
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Episode 29
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13:04
What Happens When Nobody Shows Up to Approve Your Building Loan?
Who will show up for your co-op or condo’s annual meeting and will you have enough shareholders or unit-owners to conduct the necessary business at hand? That’s the pressing question as thousands of New York’s co-op and condo boards begin the a...
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Season 2
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Episode 28
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8:18
Why Contractor Insurance Policies Matter More Than Ever
Labor law insurance claims continue to threaten insurance coverage for buildings, but there are some actionable items co-op and condo boards can take to reduce this exposure. Sean Kent, senior vice president at
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Season 2
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Episode 27
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18:09
Breaking the Budget Code
Budget shortfalls are a nightmare. But manipulating the numbers to create artificially low assessments or maintenance increases can have even worse consequences in the long run. Kyle Gregory, managing member and operating partner of
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Season 2
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Episode 26
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22:27
Quorum Without the Commute
Struggling to get quorum for your board meetings? Even after the pandemic, virtual meetings are transforming co-op and condo board operations. Buildings across New York have embraced digital meetings, resulting in better attendance, more flexib...
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Season 2
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Episode 25
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7:13
Collecting Late Fees: A 3-Step Strategy for Co-ops and Condos
Discover how proper management of maintenance payments and common charges directly impacts your building's financial stability. Payments are typically considered late after the 10th of each month, with property management companies using ...
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Season 2
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Episode 24
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13:10
Rising Insurance Costs and Budget Solutions for NYC Co-ops and Condos
Carol Ott of Habitat Magazine interviews Carl Borenstein, president of Veritas Management, about managing rising costs in co-op and condo buildings. Borenste...
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Season 2
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Episode 23
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11:04
Beyond the Emergency: How to Lead Your Building Through Long-term Displacement
In conversation with Habitat's Paula Chin, Robert Ferrara, president of the Ferrara Management Group, shares invaluable insights from managing a devastating fi...
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Season 2
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Episode 22
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13:31
Stop the Revolving Door: How to Choose a Management Company That Will Last
In this insightful conversation with Melissa Cafiero, director of management at Halstead Management, board directors get a behind-the-scenes look at how management companies approach new client relationships and handle transitions. Cafiero shar...
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Season 2
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Episode 21
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23:32
From Annual Shock to Monthly Payments: A New Approach to Insurance Premiums
Insurance premiums for co-ops and condos are surging with double-digit increases year after year, and boards must pay these hefty fees upfront. But there's a financial tool that can help ease this burden. Michael Feldman, CEO of
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Season 2
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Episode 20
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16:07
Red Flags and Rescue Plans: When and How to Change Your Building's Management
Changing property managers for your co-op or condo can feel like performing surgery while the patient is awake — everything needs to keep running smoothly while you make the switch. Stephen Wilson, vice president of
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Season 2
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Episode 19
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8:59