South Florida Condo Collapse: Insights and Lessons Learned

Please join Holland & Knight, in cooperation with the Council of New York Cooperatives and Condominiums (CNYC), for a discussion of potential causes behind the Surfside, Florida, condo collapse and its implications for New York condominiums and cooperatives.

Holland & Knight Partner Stuart Saft, leader of the firm's New York Real Estate Practice Group, co-chair of its global Condominium Development and Conversion Team and CNYC chair, will be joined by fellow CNYC board members Michael Wolfe, chair of the Real Estate Board of New York's Residential Management Council; Peter Varsalona, the architect engineer behind Habitat magazine's "Ask the Engineer" column; Casey Fannon, president of the National Cooperative Bank; and Mark Kaufman, an insurance consultant highly experienced with protecting New York properties.

Many New Yorkers may feel protected by the city's Facade Inspection and Safety Program (FISP), formerly known as Local Law 11, which requires building owners to inspect and repair their façades every five years. However, that does not mean the city is immune from catastrophe. Our presenters will delve into the issues that New York condo and co-op boards may face in protecting residents, obtaining funds for capital improvements and making certain the property is properly insured.

Speakers

Stuart Saft  |  Partner, Holland & Knight
Peter Varsalona  |  Principal and Vice President, Mechanical / Electrical / Plumbing Team Leader, RAND Engineering & Architecture
Michael Wolfe  |  President, Property Management, FirstService Residential
Casey Fannon  |  President, National Cooperative Bank
Mark Kaufman  |  Director, Commercial Insurance, The Oberman Companies