Page 3 - CooperatorNews New York 2022

COOPERATORNEWS.COM
COOPERATORNEWS —
AUGUST 2022
3
TABLE OF CONTENTS
Yale Robbins
Publisher
Henry Robbins
Executive Vice President
Joanna DiPaola
Associate Publisher
Hannah Fons
Managing Editor
Darcey Gerstein
Associate Editor
Pat Gale
Associate Editor
Shirly Korchak
Art Director
Anne Anastasi
Production Manager
Alan J. Sidransky
Staff Writer
CooperatorNews is published monthly by Yale Robbins Infomedia, 205 Lexington Ave., New York, NY 10016, (212) 683-5700. President: Yale Robbins, Executive Vice President: Henry Robbins. Subscriptions are available free by request to co-op and condo board members and
homeowner associations. POSTMASTER: Send address changes to CooperatorNews, 205 Lexington Ave., New York, NY 10016. Yale Robbins Infomedia 2022. All rights reserved. Application to mail Periodicals postage rates is pending at New York NY. FREE Subscriptions for Board
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Peter Chase
Director of Sales
Fred Marks
Director of Sales
Insurance in the Multifamily Setting.... 1
Insurance coverage and the inevitable claims that coverage defends against are a fact of
life for multifamily residential communities. In that setting, it’s critical for all parties to
understand whose policy covers what, and under what circumstances.
Who’s a Good Board?.... 1
The 347,000 planned communities in the United States—a number that includes coop-
eratives, condominiums, and homeowners associations—are generally governed by
volunteer members of the building or community elected by their fellow unit owners or
shareholders.
Onboarding New Board Members.... 1
At the heart of co-op and condo living is the association or corporation board, that
unique self-governing body that directs the community and carries out its mission to
uphold quality of life and preserve the investment of its members. Board service is almost
universally voluntary, and does not require any specific experience. It’s a learn-on-the-job
situation.
Façade Problems & SWARMP Certification.... 8
In an ideal world, every New York City building owner, manager, condominium associa-
tion, and co-op board issued a Safe with a Repair and Maintenance Program (SWARMP)
notice for exterior defects during their previous Façade Inspection and Safety Program
(FISP)—also known as. Local Law 11—cycle would repair those defects within the five-
year interval before the next required filing cycle.
Pulse.................... 4
Q&A..................... 5
From the Web............. 6
Service Directory.......... 14
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