The Folson Group

Important deadline approaching! Did you know that 30 million small businesses need to report their beneficial owners before January 1, 2025 or risk huge fines? This goes for many NYC coop and condo boards too! Link to the full article in the comments ?????? PS. By the time all 30 million businesses report their owners, you’ll have enough data to circle the Earth 20 times with Post-it notes! ???? #law #PropertyManagement #coop

Does your building have a Holiday Party? This might seem like a simple question, but the answer can reveal so much about your community's culture and cohesion. At The Folson Group, we believe that fostering a sense of community within your building is just as crucial as managing its finances. A holiday party isn’t just a festive gathering; it’s an opportunity to strengthen relationships, enhance communication, and build trust among residents and board members alike. Let us know whether your building have a Holiday Party by taking the poll ?? Want our full article of the many benefits of a Holiday Party? Give this a like.

Are your building’s goals as effective as they could be? Setting general goals might seem helpful, but without a clear, actionable plan, many of those initiatives can fall short—especially in the coop and condo world. ?? That's where SMART goals come in. SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound. When co-op boards apply this framework, they move from hoping to actually achieving. Imagine transforming vague ideas like "reduce energy costs" into a clear plan like "cut energy costs by 20% by upgrading all fixtures to LED by Nov 30." With the SMART approach, you're giving yourself the tools to track progress, set realistic timelines, and keep residents informed every step of the way. ?? Want to dive deeper into how SMART goals can benefit your board and building? Read our full article to learn how to create goals that truly work. Link in comments below. #sustainability #propertymanagement #coopboard

Ever wondered how running a building can be as strategic as running a business? ?? At the NYC Accelerator Local Law 97 EXPO, our co-founders Tina Larsson and Mark J. Foley felt the buzz in the air as coop boards and property managers gathered to tackle the pressing issue of sustainability. ?? The conversations were enlightening. We didn’t just talk about compliance; we explored how sustainability can drive the bottom line. Imagine reducing operating costs while enhancing resident satisfaction. It’s not just a dream; it’s a reality we can create together. One standout moment was when a board member stopped by to share that she loved Tina's book "Living the High Life," the ultimate guidebook for running your building like a business. Another highlight was when we were able to share how we implemented an energy-efficient system that not only cut our client's utility bills by 30% but also attracted eco-conscious buyers. This is the kind of win-win we need to champion in our industry. Sustainability isn’t just a checkbox on a compliance list; it’s a business strategy that can elevate our properties and city. By viewing our buildings through a business lens, we can cut costs as well as our carbon emissions. So, what’s stopping us? Fear of change? Lack of knowledge? Let’s break those barriers down. I challenge you to think about your building’s sustainability strategy. How can you leverage it to create value? Share your thoughts in the comments! If you found this post insightful, please give it a like and consider reposting to spread the message. Together, we can transform the real estate landscape for the better! #Sustainability #NYCRealEstate #LocalLaw97 #ll97

Attention Coops, Condos, and Small Business Owners! ?? The Corporate Transparency Act deadline is fast approaching on January 1, 2025. Are you ready? This new law requires transparency in ownership, and compliance is key to avoid penalties. Learn what it means for your board or business in our latest article! ???? Link in the comments #Law #SmallBusiness #Coops #Condos

Are you ready to tackle the challenges of building sustainability head-on? At The Folson Group, we recently faced a significant hurdle: helping New York City coop boards navigate the complexities of LL97 compliance. This legislation is crucial for reducing carbon emissions, but it can feel overwhelming for boards already juggling numerous responsibilities. Instead of handing over a lengthy report filled with jargon, we took a different approach. We believe in action, not just analysis. Our team rolled up our sleeves and engaged directly with the board to understand their unique situations. We guided them through the electrification process, breaking it down into manageable steps. By focusing on tailored solutions, we helped boards identify the best strategies for their buildings, ensuring compliance while also enhancing property value. One key takeaway? Collaboration is essential. When we work together, we can turn complex challenges into achievable goals. If you're attending the LL97 Compliance: NYC Accelerator Service Provider Expo and Symposium tomorrow, stop by our booth! Let’s discuss how we can help your board electrify your building and get your projects done efficiently. Your building’s sustainability journey doesn’t have to be daunting. Let’s make it a success together! If you found this post helpful, please like it or share your thoughts in the comments below. We hope to see you there. Link in comments. #Sustainability #NYC #ProjectManagement #Coop

Join us! At the LL97 Compliance: NYC Accelerator Service Provider Expo and Symposium on October 16, 2024, at John Jay College. This event is designed to help building owners, property managers, and development firms navigate Local Law 97 (LL97) compliance by connecting them with industry experts and trusted service providers offering the latest energy efficiency and decarbonization solutions. As a proud NYC Accelerator service provider, helping NYC coop and condo boards get their complex projects done, we hope to see you there! Details and RSVP link in the comment below. #sustainability #nyc #locallaw97 #ll97

On your coop board? If so, you might have to adhere to the Corporate Transparency Act. Read on here. #CTA #law #coop #condo

On your coop board? If so, you might have to adhere to the Corporate Transparency Act. Read on here. #CTA #law #coop #condo

Navigating LL97 Just Got Easier Join us at the NYC Accelerator LL97 Expo where we’ll share insights on LL97 compliance and the best energy efficiency solutions available. Stop by our booth for a chance to win a signed copy of Tina Larsson's book "Living the High Life: How smart co-op and condo owners protect themselves and their investment" ?? October 16 – John Jay College RSVP today! Link in comment #LL97 #EnergySavings #BuildingEfficiency