Read the full article at Mann Report online. The MC, a design-oriented rental development located between Bed-Stuy and Bushwick, has appointed AKAM as its Brooklyn property management firm. AKAM will provide onsite management staff to the building and assist developers, prospective residents, and current residents with leasing, occupation, and operational processes, among other responsibilities. “We’re… Continue reading AKAM Selected to Manage The MC in Brooklyn
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New Rooftop Exhaust Fans Save NYC Condominium $24,000 Annually in Energy Costs
Read the full article at Habitat Magazine online. The Future Condominium in Kips Bay upgraded its exhaust fans, significantly cutting costs and earning an “A” energy efficiency grade. Con Edison covered 70% of the $120,000 project, reducing the condo’s expense to $38,000. The new ultra-efficient fans save the building $24,000 annually by allowing for adjustable… Continue reading New Rooftop Exhaust Fans Save NYC Condominium $24,000 Annually in Energy Costs
Co-op on West End Avenue Finances Riser Replacement with Innovative Payment Plan
Read the full article at Habitat Magazine online. A luxury co-op on West End Avenue is undertaking a multimillion-dollar riser replacement project without sufficient reserves by using an interest-free contractor payment plan. This allows the project, estimated at $2.3 million, to start immediately while easing financial strain on shareholders by stretching monthly assessments over nine… Continue reading Co-op on West End Avenue Finances Riser Replacement with Innovative Payment Plan
Local Law 97: Strategies to Minimize Costs, Reduce Carbon Emissions & Enhance Building Operations
AKAM was joined by Joseph Weitz from Aurora Energy Advisors, LLC, as well as Jeff Carleton and Mike Cook from Runwise for an interactive Webinar Series on New York City’s Local Law 97 and Compliance Strategies to Minimize Costs, Reduce Carbon Emissions & Enhance Building Operations. Topics covered include: Panelists include: – Joseph Weitz, Director… Continue reading Local Law 97: Strategies to Minimize Costs, Reduce Carbon Emissions & Enhance Building Operations
Navigating Records, Document Retention & Compliance for Florida’s New Condo and HOA Statutes
Recent updates to Florida Statutes have put a new emphasis on how associations must collect, retain and distribute records for their community. Florida law mandates that these documents be kept for a minimum period to ensure accountability and facilitate access for members. Additionally, associations must maintain a well-organized system for record-keeping, allowing residents easy access… Continue reading Navigating Records, Document Retention & Compliance for Florida’s New Condo and HOA Statutes
SIRS Compliance Deadline — What’s Required by 12/31/24?
As the last quarter of the year approaches, staying on top of the latest requirements for Structural Integrity Reserve Studies (SIRS) is essential. On Thursday, July 25, AKAM was joined by Will Simons, RS, EBP of Association Reserves to provide a comprehensive overview of the upcoming compliance deadlines, delve into the specific requirements you need… Continue reading SIRS Compliance Deadline — What’s Required by 12/31/24?
AKAM’s LifeCycle Platform: Addressing the Challenges of Aging Building Equipment (Northeast / NYC)
In this webinar, AKAM CEO Ken Greene, AKAM SVP of Building Operations Christopher Alker, RA, NCARB, and CORE Insights Group Managing Partner Ross Kellman, introduced AKAM’s LifeCycle Platform, which addresses the challenges of managing aging building equipment. The platform uses QR tags to create a digital inventory, track repairs and replacements, and negotiate better rates… Continue reading AKAM’s LifeCycle Platform: Addressing the Challenges of Aging Building Equipment (Northeast / NYC)
AKAM’s LifeCycle Platform: Addressing the Challenges of Aging Building Equipment (Florida)
In this webinar, Alexander Argento, Ken Greene, and Ross Kellman introduced the AKAM LifeCycle Platform, a new initiative designed to manage building assets efficiently. The platform uses QR tags to create a digital inventory of assets, improving tracking, reducing costs, and automating invoicing. It enhances vendor management and service efficiency without replacing existing vendors (unless… Continue reading AKAM’s LifeCycle Platform: Addressing the Challenges of Aging Building Equipment (Florida)
2024 Legal Update for Florida Homeowners Associations
The AKAM webinar on new legislation covered several updates affecting HOAs. Key changes include mandatory hurricane protection specifications, requirements for distributing rules and covenants to owners by October 1, 2024, and prohibitions on restricting the use of certain fuels. HOAs must also comply with new recordkeeping, website requirements, and educational mandates for board members and… Continue reading 2024 Legal Update for Florida Homeowners Associations
Understanding Good Cause Eviction Law
The AKAM webinar on Good Cause Eviction outlined new limits on evictions, requiring specific “good causes” and excluding certain unit types from these rules. Rent increases upon renewal are capped at 8.82% due to the CPI limit, with several exemptions for different types of properties. Notices must clearly state if Good Cause Eviction applies and… Continue reading Understanding Good Cause Eviction Law
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