The Hidden Business Behind Co-ops and Condos (with Tina Larsson)

On this episode of Closed!, Mike sat down with Tina Larsson, co-founder of The Folson Group and author of “Living the High Life,” to discuss what really happens behind the scenes inside New York City co-op and condo buildings.Tina explained why co-op and condo boards are not just managing apartments, but effectively running complex businesses with aging infrastructure, regulations, budgets, building-wide mortgages, insurance concerns, and volunteer board members who often have limited time and technical expertise. She also discussed how her own experience organizing a board coup led to major savings for her building and eventually inspired the creation of The Folson Group.The conversation covers how boards can better manage costs, evaluate vendors, oversee major projects, navigate Local Law 97 and energy compliance, improve board processes, and make more informed decisions for the long-term health of their buildings. Tina also breaks down why shareholders and unit owners need to take a more proactive role in understanding the buildings they live in, the systems they depend on, and the governance structures that affect their investment.To learn more about Tina Larsson and The Folson Group, visit https://www.thefolsongroup.com/aboutTo find out more about Bergstein Flynn Knowlton & Pollina PLLC, visit our website at bfkplaw.com. Hosted on Acast. See acast.com/privacy for more information.