
← How To Run Your Building! For Co-ops and Condos1 dec 2025 · 40 min
How to Turn a Two Million Dollar Crisis Into a Win
How to Turn a Two Million Dollar Crisis Into a Win
When a condominium's facade project ballooned to over two million dollars, the board was facing a crisis. The solution involved unconventional contractor negotiations and a prepayment strategy that surprised everyone with its success. In this episode, three veteran property management executives reveal the insider strategies that separate struggling buildings from thriving ones. Steven Greenbaum, executive vice president at The Lovett Group, Alvin Wasserman, senior director of asset managemen...