Andrews Organization

In a post-pandemic world, social gatherings have taken on new, far more meaningful significance for fostering a sense of community in all types of environments. Co-op and condo buildings are no exception. Boards and management companies should always be striving to engage with their residents and provide opportunities for the residents to engage with each other. Not only does this create a better atmosphere for the people living in the building but makes the building more desirable for future occupants as well. There are many ways to encourage greater camaraderie in a building and they don’t all need a large spending budget. With the holidays coming up, opportunities abound for planning your building’s next event. CooperatorNews has compiled a variety of options to consider. To read the article, click here: https://lnkd.in/ejuffhvY #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #socialevents #communitybuilding

In January of 2024, the U.S. Government began enforcement of the Corporate Transparency Act (CTA) of 2021. The act requires all businesses to report about the individuals who control them. At the start of this year, we brought you news on how to determine whether your Co-Op or Condo falls under the category of a business that must file with FinCEN (the Financial Crimes Enforcement Network,) or if it is exempt. Filing is free of charge and must be completed this year by existing businesses and within 90 days of any new business creation or registration to do business in the U.S henceforth. To download the form or read more information about the CTA and penalties for non-compliance, click here: https://lnkd.in/esE5VWw2 #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #nyproperty #propertyinvestment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #corporatetransparencyact

The DOB (NYC Department of Buildings) is releasing its first set of Parking Structure Inspection violations this month. Penalties for Failure to File include an annual $5000 fee, although it is unclear at the moment if the fees will be charged for every subsequent year reports remain unfiled as well as initially. This fee also does not include any monthly late fees, which will be determined during filing. To find out more, read the SiteCompli? article here: https://lnkd.in/eBjNGWzd #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #buildingcompliance #parkinggarages

#VeteransDay2024 #WeAreAndrews

With the changing seasons, comes a checklist of maintenance tasks for coops and condos to perform to ensure that buildings are winter-ready. These tasks are not only essential for the comfort of residents, but their safety as well. Being ready for icy sidewalks, leaky roofs, malfunctioning boilers, or any form of structural damage, will prevent most issues a winter storm may bring. It is vital for boards and building managers to be proactive at this time of year. This CooperatorNews article can help you stay on track as you check off to-do items from your pre-winter maintenance list: https://lnkd.in/eBWgj7jB #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #winterize #buildingsafety

Recently, the NYC Department of Finance (DOF) approved new 2024/25 tax rates for NYC properties that are going into effect retroactively for July 2024 through June 2025. The rates vary based on property class, and, to minimize the impact on property owners, have been capped at 0.9% from the previous rates for this fiscal period. To read details on exactly how much the rates will change in next month’s tax bill, click on the highly informative Rosenberg & Estis, P.C. article here: https://lnkd.in/e9Uwe9Jz #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #nyclegislation #taxlaws

#diwali2024 #weareandrews

Upgrading old heating systems may be an arduous undertaking, however the savings on energy costs are worth the effort. One improvement that makes an immediate difference is steam trap replacement. Read the Habitat Magazine article that uses one building as a case study in how to go about steam trap updates and outlines the resources available to lower the cost here: https://lnkd.in/gEKZZhq2 #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #buildingcompliance #energyefficient #heatingefficiency

November 1st Compliance Deadline is almost here! #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #buildingcompliance #compliancedeadlines

Per Local Law 37/08, retaining wall inspection deadlines are coming up. All walls ten feet or higher that face a public right of way (like an entrance or sidewalk) must be inspected every five years by a Qualified Retaining Wall Inspector (QRWI). Below are the deadlines for each Borough for the current cycle (Cycle 3). Bronx: 1/1/24 – 12/30/24 Manhattan: 1/1/25 – 12/30/25 Staten Island: 1/1/26 – 12/30/26 Queens: 1/1/27 – 12/30/27 Brooklyn: 1/1/28 – 12/30/28 To find out more info, including the NYC Department of Buildings breakdown of fines for non-compliance, you can read the SiteCompli? article here: https://lnkd.in/d_wHaPzT #nycrealestate #nyrealestate #newyorkrealestate #realestateny #nycliving #commercialrealestate #property #investment #condo #coop #buildingmanagement #facilitymanagement #propertymanagement #buildingmaintenance #buildingmanager #buildingservices #buildingcompliance #wallinspection