Page 3 - NY Cooperator October Expo 2019

COOPERATOR.COM THE COOPERATOR — OCTOBER 2019 3 TABLE OF CONTENTS A More AFFordaBLe NeW YorK? Housing aff ordability – or unaff ordability, depending on your relative net worth – has always been a hot topic in New York City. PAGE 1 Co-oP/Condo Communities and SociaL Media From getting the news, to fi nding that ultimate BBQ recipe, or just keeping up with friends and relatives both near and far, social media has become entwined in the fabric of our lives. PAGE 1 BeinG Good NeiGHBors For most, living in a co-op or condo association implies at least some level of inter- est in being part of a larger community. PAGE 1 Co-oPs, Condos, & Kids While children are most certainly the future, in the present they can oft en be a bit of a handful. PAGE 14 MaintaininG ProPer Records It is essential that a community association keep careful records of its fi nancials, rules, and meeting minutes, just to name a few of the kinds of records boards and managers must stay on top of. PAGE 16 HoW ProPerty ManaGers SaVe Time To describe the life of a property manager as ‘busy’ is an understatement. PAGE 26 Yale Robbins Publisher Henry Robbins Executive Vice President Joanna DiPaola Associate Publisher Hannah Fons Senior Editor David Chiu Associate Editor Pat Gale Associate Editor Shirly Korchak Art Director Anne Anastasi Production Manager Victor Marcos Traffi c Coordinator Alan J. Sidransky Staff Writer Rick Levin Director of Sales 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 pend- ing at New York NY. FREE Subscriptions for Board Members, Property Managers and Real Estate Decision Makers. To Subscribe, please visit us at: cooperator.com/subscribe cooperator.com THe NeW YorK City DePartment oF Finance PAGE 24 ProtectinG Your ReserVe Fund PAGE 28 WHy Am I BeinG DePosed? PAGE 32 EXPo PuLL-Out Guide PAGE 19 EXPo PreVieW PAGE 30 ON THE WEB... WHat’s Hot in BuiLdinG Amenities PAGE 6 ReFinancinG Your UnderLyinG Permanent MortGaGe LiKe a BanKer PAGE 6 CentraL ParK ToWer Is tHe WorLd’s TaLLest ResidentiaL BuiLdinG, Says DeVeLoPer PAGE 6 Industry PuLse/CaLendar PAGE 4 Q&A PAGE 5