A Webb & Brooker Publication September 2012 

Webb & Brooker, Inc. Partnering With Winn Companies

Bernard Warren, President of Webb & Brooker, is happy to announce that the firm is partnering with Winn Companies on the management of Concourse Village. We look forward to bringing innovative management approaches to the shareholders of Concourse Village.

Concourse Village, Inc. is a limited profit housing corporation. The corporation owns six 24-story buildings and a community center located in Bronx, NY, and consists of 1,872 cooperative apartments and two professional offices.

We look forward to your feedback on this edition of RE-Connect. Contact Webb & Brooker today at (212) 926-7100 or info@webb-brooker.com to learn about our Property Management, Sales and Real Estate Development Services.

Bernard Warren Elected to Secretary of Harlem Business Alliance Board of Directors

The Harlem Business Alliance, Inc. (HBA) recently elected Bernard Warren to the position of Secretary of the Board of Directors.

HBA’S membership represents all facets of the business community, social organizations and government officials. The organization continues to be a strong advocate for the local business community.

Webb & Brooker Hired to Manage Malcolm Shabazz Development Corporation Portfolio

Bernard Warren, President of Webb & Brooker, is proud to announce that Malcolm Shabazz Development Corporation has hired our firm to manage its portfolio of buildings, consisting of 107 units.

Over the past decade, Malcolm Shabazz Development Corporation has sponsored, rehabbed and developed numerous affordable housing units in Harlem.

 

REBNY’s Residential Management Council Releases Best Practices for Carbon Monoxide Detector Law

The REBNY Residential Management Council recommends replacing all of the detectors at the same time, which takes the guesswork out of which ones need to be replaced as their useful life expires in approximately seven years. “When it comes to regulations regarding residential real estate, it is important for building owners and managers to know not only what the minimum requirements are, but also how these vital safety measures can be met easily and efficiently,” said Steven Spinola, President of REBNY. “By the Residential Management Council recommending and sharing their best practices, we can better inform our members as to how to best comply with City, State and Federal requirements.”

Coops and Condos
• The building owner may charge residents a fixed rate of $25 per detector and $35 for a smoke/CO combination detector, but the board may also be allowed to charge back a reasonable amount for the unit cost and installation.
• Residents must be notified of the law through a notice in a common area of the property. Residents should also receive information regarding the testing and maintenance of the detectors and directives on what to do if the detector goes off.
• A Certificate of Satisfactory Installation should be filed with HPD within 10 days of the installation. Select units in buildings without fossil fuel burning furnaces or boilers may be exempt from filing for the certificate.
• Cooperatives are required to install detectors while condominiums may be required to do so. The RMC recommends that condo and coop boards install detectors as a prudent course of action, but a definitive opinion can be sought from an attorney.

Rentals
• When a new tenant moves in, property owners or managers should check to ensure the CO detector is properly installed and functioning.
• Residents should also receive information regarding the testing and maintenance of the detectors, and instructions for what to do if the detector goes off.
• Residents are responsible for keeping the CO detectors or systems in good repair.

Class A One- and Two-Family Homes
• Private one- and two-family properties are required to have detectors installed and residents should test them once a month. Batteries should be replaced twice a year or immediately if a low battery warning is heard.
• Residents must reimburse the building owner $25 for each CO alarm that is newly installed or replaced due to damage or improper maintenance.

Failure to provide a functioning CO detector and post required notices regarding the laws may result in the issuance of a violation and civil penalties that range from $25 to $100, plus $10 per day until the violation is corrected.

The REBNY Residential Management Council also recently released guidelines on smoking policies and on backflow prevention devices.

Owners of residential apartment buildings and boards of cooperatives and condominiums who wish to learn more about carbon monoxide detector regulations can view the carbon monoxide guidelines on REBNY’s website.

Dimitri Naylor, Vice President of Webb & Brooker, serves on REBNY’s Residential Management Council.

 

Copyright © 2012 Webb & Brooker
Webb & Brooker, Inc.