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Tina Larsson
Tina Larsson is the co-founder of The Folson Group, New York City's leading co-op and condo consultancy. A prominent speaker on proactive co-op/condo leadership and ESG matters, Tina is the author of Living the High Life: How Smart Co-op and Condo Owners Protect Themselves and Their Investment. In addition to two decades experience as a business analyst and investment advisor, Tina holds a BS and MBA from Pace University and a LEED Green Associate designation. Her mission is to make NYC safer, more sustainable, and more affordable.
Posts by Tina Larsson:
The ever-increasing cost of insurance varies depending on your building's specifics, the type of coverage, the carrier, the limits and of course your building’s claims history. Some co-ops and condos may be required to carry insurance policies in excess of the standard coverage limits in order to meet the underlying mortgage lender's requirement.
Upgrades, repairs, maintenance and replacement of your building's structure and systems can be internally or externally funded, though ultimately all costs are passed on to owners.
Creating a community in a co-op or condo building is not always an easy task. Here are a few suggestions to help co-op and condo boards get residents involved and engaged.
Understanding of the life expectancy of various building systems enables effective planning, budgeting, and maintenance strategies to ensure the smooth operation and longevity of your building.
As fiduciaries, the board is responsible for the safety of the building: structure, façades, roofs, elevators, plumbing, and HVAC and boiler systems. Obviously, the board is not expected to do this work themselves, so they surround themselves with many professionals and vendors who specialize in particular areas.
For those lucky few New York City co-op and condo buildings with parking spaces and garages, it’s time to think about electrifying them. Installing EV stations can help residents who already have electric vehicles and may spur people to make the switch from gas to electric the next time they buy a car—and that’s great for the planet!
Below are some tips on what to think about before installing an EV station.