HABITAT MAGAZINE: Yonkers Co-op Board Moves Beyond Band-Aid Repairs

HABITAT MAGAZINE: #Yonkers Co-op Board Moves Beyond Band-Aid Repairs

A decade ago, the nine-member board at a Yonkers co-op belonged to the if-it-ain’t-broke-don’t-fix-it school of thought. As long as the need for major capital projects didn’t appear urgent, the board kept monthly maintenance flat.

Today, after changing management companies and getting a thorough engineer’s report on the condition of the three buildings in the 404-unit, postwar property, the co-op board has transferred to the do-it-once-and-do-it-right school.

“If you don’t need money, why ask for it?” says board president #RobertDiMartini, explaining the board’s old way of thinking.

But the board, he adds, was under incorrect impressions about the physical condition of the three buildings.

After hiring Charles H. Greenthal in 2018 to manage the property and getting a thorough physical assessment from AMR Engineering, the board’s thinking changed....

https://www.habitatmag.com/Publication-Content/Bricks-Bucks/2021/June-2…