Page 15 - CooperatorNews New York Expo May 2022
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Common Charge & Maintenance Collections—Effective Strategies for Co-ops & Condos to Maximize Recovery Room 1 Sponsored by: Schneider Buchel LLP Residents who do not pay their common charges and maintenance are a significant issue for co-op and condo communities—to- day more than ever. The pandemic and now inflation have created financial pressures on many residents. The lack of predictable, consistent cash inflow from maintenance and common charges can lead to unpaid bills, neglected maintenance, and delayed capital projects. How your board deals with the arrears will significantly affect the likelihood and speed of recovery of the arrears. Come find out the best approach to handle the non-paying residents and recover the most unpaid monies—including interest, late fees, and legal fees. Speaker: Marc H. Schneider, Esq. - Managing Partner Lending Guidelines, Capital Project Planning, & Reserves Room 2 Sponsored by: Kagan Lubic Lepper Finkelstein & Gold LLP If your co-op or condo is considering a major capital project, it’s never too early for your board to begin planning, familiarizing itself with current lending guidelines, and thinking about how the community’s reserve funds will be replenished once the work is complete. Come get a financial head start on your next major project, including a discussion of Fannie Mae and Freddie Mac 2022 lending guidelines, replacement reserves, and how to put together a clear, intelligent plan for capital improvements. Speakers: Jack E. Lepper- Managing Partner, Adam D. Finkelstein- Partner, Denise C. Sagua- Attorney at Law Making Solar Work for Your Building—Cost Savings, Economic Incentives, Local Law Compliance, & Cleaner, Greener Energy Room 1 Sponsored by: Best Energy Power Many co-op and condo boards are exploring solar as a potential source of energy for their buildings. This enlightening conversation will explain how solar works, break down the costs involved—as well as incentive and subsidy programs and financing options—and decode the ROI equation for boards and residents to help your building save on operating costs. Importantly, it will also explain the new Local Laws 92, 94, and 97, which require buildings over 25,000 square feet to have solar on the roof, and how the laws apply to co-ops and condos. Speaker: Ronnie Mandler - Owner/President Umbrella Insurance for Condo & Co-op Buildings—Mitigating Risk from Excess Liability Room 2 Sponsored by: FirstService Residential Commercial umbrella coverage is an essential protection from big liability claims against your building—but insur- ance markets have grown increasingly volatile in the last two years, and there are fewer programs offering ad- equate protection from major claims, including worker fatality or serious injury during capital projects. This expert panel will cover everything from the state of the insurance market to NYC labor law, and demystify important concepts like tort claims, risk transfer, and the importance of adequate D&O coverage to protect board members from liability. Speakers: Sean Kent - SVP, Insurance, Ben Kirschenbaum - VP & General Counsel, Christina Forbes - SVP, Condo/Co-op Division Refinancing Your Co-op’s Underlying Mortgage in Ever Evolving Capital Markets—Structuring Your Financing for the Future Room 1 Sponsored by: Meridian Capital Group The financing landscape for co-ops has never been more diverse than it is today, or more customizable for a community’s unique needs. The array of options for structuring a mortgage to help your co-op accomplish its long-term objectives is truly unprecedented. Come find out how your board can collaborate with its financial advisors to take advantage of what is actually an exciting time in the mortgage market! Speakers: Steven Geller - Managing Director, Nicoletta M. Pagnotta - Senior Vice President, Avi Geller - Vice President, Jordan Hill - As- sociate Leaks, Fires, & Construction Damages—Are You and Your Co-op or Condo Ready for the Next Crisis? Room 2 Sponsored by: Smith, Buss & Jacobs LLP With costs rising—and accidents and property damage a perpetual worry for boards and owners alike—it’s vital that both you and your co-op or condo association be properly insured against liability and loss. Boards and residents also need to understand what their policies do—and don’t—cover, who insures what property, what size deductible they should carry, and under what circumstances claims should be filed. This expert panel will address all these issues and more, including what your insurance actually covers, who pays for repairs vs. restoration costs, making sure your contractors are adequately covered, and insuring against new risks like cyber hacks and ransomware. Speaker: Kenneth Jacobs - Partner COOPERATORNEWS.COM COOPERATORNEWS — MAY 2022 15 SEMINARS NTS JAD Corporation of America .........................108 JM2 Architecture, P.C. ...................................1114 Jonathan Baron Interiors ..............................1112 Kagan Lubic Lepper Finkelstein & Gold LLP 237 KeyTrak, Inc. ....................................................1303 Lasser Law Group ..........................................2112 Laundry Tap ......................................................319 LEW Corporation ...........................................1111 Liberty Elevator Corporation ........................2111 Live Lion Security ...........................................1400 Lombardo CRE Consulting Inc.....................1018 Mann Publications .........................................1905 Meridian Capital Group ......................... 104, 205 Metergy Solutions Inc....................................1712 Metro Fire Inspection & Maintenance ...........311 Metro Managers Association .......................1013 Metrocom NYC ..............................................1101 Metropolitan Commercial Bank .....................114 Midtown Financial, LLC ...................................215 Montano Wood Care Corp. ............................212 Morgan & Morgan ...........................................134 Mr. Parking Lot .................................................305 Municipal Inspection Corp ...........................1201 National Cooperative Bank ............................228 New Bedford Management Corp. .................130 New York City Department of Sanitation, Bureau of Recycling & Sustainability........1809 New York Plumbing, Heating & Cooling Corp. .................................................1107 Norris McLaughlin, P.A. ...................................233 NU-WAY Compactor/Boiler ............................117 NYARM, NY Association of Realty Managers 1909 NYC Accelerator ............................................2123 O&S Associates, Inc. ........................................218 One Source Supply .........................................327 OneVesta Property Management ................1004 Packrat Junk Removal......................................229 Palmer Asphalt Company .............................2113 Parity, Inc. ..........................................................101 Pearlgreen Corp. ..............................................310 Pennoyer Newman, LLC ..................................335 PEPCO Controls .............................................1016 Poggesi | Malontyx Group ..............................236 PooPrints .........................................................1007 ProSentry ...........................................................210 QG Floral + Landscape ...................................119 Queens Chamber of Commerce .................1903 Real Estate Weekly .........................................1901 Rite-A-Way Pest Control ..................................110 Rosenwach Tank Co. LLC ..............................1008 Schneider Buchel LLP......................................323 SEBCO Laundry Systems ..............................1108 Select Exterminating .......................................234 Siegel Performance System ..........................1811 Sinewave Inc. ....................................................129 Skyline Access LLC ..........................................223 Skyway Lifts .....................................................1116 Spin Cycle, LLC ................................................219 Sprague Operating Resources, LLC ............1104 Strongwater Group Services ........................1300 Superior Plumbing, Heating & Mechanical LLC ...........................................1304 SYMS Insurance Agency Inc. ........................1100 Telecom Communications ............................1215 The Falcon Group,Engineering, Architecture, Reserve Specialists .....................................2119 Total Fire Protection .........................................116 Total Management NYC, LLC .......................2223 Total Security Integrated Systems ...............1000 Tracy Richardson National Flood Insurance Program .......................................................1121 Trillion Asset Management ...........................1103 United Vertical Group ...................................1113 Urban Explorations, Inc. ..................................138 URBN Playground ..........................................1700 USA LED Lighting Solutions .........................1010 Valley National Bank ........................................126 Venture, NY Property Management LLC .....1302 W&M Fire Protection Services ......................1127 Webster Bank ...................................................307 WexEnergy LLC ..............................................1117 WireCrafters LLC ..............................................301 York International Agency, LLC ....................2211 30pm: Seminars essionals will epth seminars give attend- of insider 11:00am – 3:00pm: Free Advice Booths Experienced profession- als in fields ranging from law to finance to associa- tion maintenance will be on hand throughout the show with advice and answers for board mem- bers, managing agents, and residents. 9:30AM- 10:30AM 2:30PM-3:30PM 11:30AM-12:30PM 10:30AM-11:30AM 12:30PM-1:30PM 1:30PM-2:30PM