Page 5 - New York Cooperator March 2019

COOPERATOR.COM
THE COOPERATOR
— MARCH 2019
5
Publisher
Yale Robbins
yale@cooperator.com
Executive Vice President
Henry Robbins
henry@cooperator.com
Associate Publisher
Joanna DiPaola
joanna@cooperator.com
Senior Editor
Hannah Fons
hannah@cooperator.com
Associate Editors
David Chiu
david@cooperator.com
Pat Gale
patgale@cooperator.com
Staff Writers
Michael Odenthal
michael@cooperator.com
Alan J. Sidransky
alan@cooperator.com
Art Director
Shirly Korchak
shirly@yrinc.com
Production Manager
Aetna Dowst
aetna@yrinc.com
Vice President of
Advertising
Tom Christmann
tom@yrinc.com
Advertising Directors
Rick Levin
rick@cooperator.com
Fred Marks
fred@yrinc.com
Peter Chase
peter@yrinc.com
Ted Olczak
ted@yrinc.com
Ben Toro Jr.
ben@yrinc.com
The Cooperator is published monthly by
Yale Robbins Publications, LLC,
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 The Cooperator,
205 Lexington Ave., New York, NY 10016.
©Yale Robbins Publications, LLC 2019.
All rights reserved. Application to mail Periodicals
postage rates is pending at New York NY.
FREE Subscriptions for
Board Members, Property Managers
and Real Estate Decision Makers.
To Subscribe, please visit us at:
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DEPARTMENTS:
6
Pulse/Calendar
7
Questions &
Answers
26
Service Directory
TABLE OF CONTENTS
THIS MONTH’S FOCUS: EXTERIOR MAINTENANCE
ON THE WEB:
8
Brooklyn Heights
Condos at Former
Library Site Go on Sale
By Mike Odenthal
Manhattan Co-op and
Condo Market 2018
Wrap-Up
By AJ Sidransky
Billionaire Buys NYC
Penthouse for $238M,
the Most Expensive
Home in the U.S.
By David Chiu
Building Demolition
By Alan Sidransky
Cities are crowded. That’s a simple fact. In the best of circumstances, there’s noise, dirt,
dust, and the usual urban pests. Add to that the construction of a new building next to or
nearby yours, and annoyance can quickly become overwhelming. Clearly, the owner of the
property under construction has a right to build his or her building within the parameters
permitted by local zoning and other ordinances.
10
16
18
Maintaining Exterior Spaces
By A J Sidransky
Whether it’s a balcony, terrace, patio or roof deck, outdoor space is many an apartment
owner’s dream. Desirable – and valuable – as they are, these spaces do present
specific maintenance considerations for individual owners, co-op corporations, and condo
associations, however. Oftentimes, these considerations are complicated by the fact that
without specific knowledge of engineering and construction, the signs of potential problems
in these spaces are too easily missed.
Exterior Cleaning
By Mike Odenthal
Home is where the heart is, sure – but it’s also where most of where any given owner
or shareholder’s money is. For most people, their home represents their single biggest
investment. And in a community association, both individual units and the entirety of the
building or development will determine the owner’s return on investment (ROI).
Facade Repair and Restoration
By Mike Odenthal
When you close your eyes and picture any building, you are quite likely imagining its facade
– the outer shell which protects and contains all of the hustle and bustle that goes on within.
In a residential property, the facade is what separates a building’s occupants from both
elements and intruders.
Trends: Telecom for Your Community
By Mike Odenthal
As more and more of our daily lives become more intertwined with online entertainment
and services, internet access has become a home utility along with electricity and running
water.
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12
US POSTAL SERVICE STATEMENT OF OWNERSHIP, MANAGEMENT AND CIRCULATION (REQUIRED BY 39 U.S.C. 3685)
1. Publication Title: The Cooperator. 2. Publication Number: 0003-184. 3. Date of Filing: 2/20/19 Issue Frequency: Monthly. 5. Number
of Issues Published Annually: 12. 6. Annual Subscription Price: $0. 7. Complete Mailing Address of Known Office of Publication: 205
Lexington Avenue, 12th Floor, New York, NY 10016. 8. Complete Mailing Address of the General Headquarters or General Business
Offices of Publisher: Same. 9. Full Names and Complete Mailing Addresses of Publisher: Yale Robbins, Publisher, Same; Henry Robbins,
Executive Vice President; Joanna DiPaola, Associate Publisher, Same; Hannah Fons, Executive Editor, Same; 10. Owner: Yale Rob-
bins Publications, LLC, Yale Robbins, President, Same and Henry Robbins, Executive Vice President, Same. 11. Known Bondholders,
Mortgages and Other Security Holders Holding 1 Percent or More of Total Amount of Bonds, Mortgages or other Securities: None. 12.
N/A 13. The Cooperator. 14. Issue Date for Circulation Data: September 2018 15. Extent and Nature of Circulation: Average Number of
Copies Each Issue During Preceding 12 Months: 20,332. A. Total Number of Copies: 20,332. B1: Paid/Requested Outside-County Mail
Subscription: 19,877. C. Total Paid Distribution: 0. D. Free Distribution by Mail: 19,877. D1: Outside County: 0. D2: In-County: 0. D3:
Other Classes Mailed through the USPS: 75. D4: Free Distribution Outside the Mail: 20. E. Total Free Distribution: 377. F. Total Distri-
bution 20,254. G. Copies Not Distributed: 78. H. Total: 20,332. I. Percent Paid and/or Requested Circulation: 99% 16. Electronic Copy
Circulaton: N/A. 17. Publication of Statement of Ownership for a Requester Publication will be published in the March 2019 issue of
this publication. Joanna DiPaola, Associate Publisher.