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Problem Solved! For Co-ops and CondosAuthor: Habitat Magazine
From building repairs and maintenance, energy upgrades, insurance, lobby redesigns, accounting and financing - the challenges facing co-op and condominium board directors are endless. In this series, Habitat Magazine editors interview New York City experts to learn how problems have been solved at their client co-op and condo buildings. We take a deep dive into the issues being confronted, the possibilities for solutions, the costs, the challenges, and the outcomes. Habitat Magazine, founded in 1982, is the trusted resource for New York City co-ops and condo board directors. Visit us at www.habitatmag.com Language: en Genres: Business, Education, How To Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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The Financial Landmines Inside Every Management Transition
Episode 3
Monday, 15 June, 2026
Switching managing agents sounds straightforward — until it isn't. In this episode Meredith Wettach, manager at WilkinGuttenplan, unpacks the financial surprises that quietly derail co-op and condo buildings during management transitions. Wettach has seen it all: missing records, dormant accounts nobody knew existed, and six-figure expenses that slipped through the cracks for years before anyone noticed. She walks boards through the specific documents, accounts, and vendor relationships that demand immediate attention when a new agent takes over — and explains why even well-intentioned, hardworking boards so often miss them. Habitat's Carol Ott conducts the interview. Thanks for listening. Subscribe to this podcast for more stories on how New York co-ops and condos have solved a myriad of problems. Brought to you by Habitat Magazine, the "bible" that hundreds of board directors turn to every day!
