The Folson Group

What’s your Christmas wish? Is it more love? More freedom? World peace? For us at 𝗧𝗵𝗲 𝗙𝗼𝗹𝘀𝗼𝗻 𝗚𝗿𝗼𝘂𝗽, it’s the Gift of every NYC resident living in a building that’s safer, more sustainable and more affordable. 🎁 As the holiday season approaches, many of us feel the pinch of rising coop and condo fees and unfinished capital repair projects. But here’s the good news: those don’t have to steal the joy of the holidays! Listen in to 𝗧𝗶𝗻𝗮 𝗟𝗮𝗿𝘀𝘀𝗼𝗻’s Poem, written by 𝗠𝗮𝗿𝗸 𝗙𝗼𝗹𝗲𝘆. 📞 𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝘂𝘀 today—it’s time to unwrap your building’s potential! If you found this post insightful, please give it a like and share your thoughts in the comments below! What’s your top wish for your community this Holiday Season? #NYC #RealEstate

𝗜𝘀 𝘆𝗼𝘂𝗿 𝗯𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗽𝗿𝗲𝗽𝗮𝗿𝗲𝗱 𝗳𝗼𝗿 𝗙𝗶𝗿𝗲 𝗘𝗺𝗲𝗿𝗴𝗲𝗻𝗰𝗶𝗲𝘀? New York City’s real estate market is vibrant, and ensuring safety remains a top priority for condo and coop boards and property managers. 🔥 Did you know that NYC has some of the most stringent fire safety regulations in the country? Whether it's maintaining sprinkler systems, conducting annual inspections, or preparing for emergencies, the stakes are high when it comes to protecting lives and properties. In our latest blog, we break down everything you need to know about fire safety for coops in NYC. Learn how to: ✅ Ensure compliance with local fire codes like Local Law 58. ✅ Conduct effective fire drills and improve emergency preparedness. ✅ Stay ahead of inspections and equipment maintenance schedules. What does this mean for you? If you're managing or serving on a coop board, fire safety isn’t just a legal requirement—it’s an opportunity to demonstrate care for your residents and their well-being. Take a moment to reflect: When was the last time your coop conducted a fire safety drill? Are you confident in your building’s compliance with NYC fire regulations? 📢 Share your thoughts or challenges in the comments! And if you're looking for actionable insights, check out our full blog post. The link is waiting for you in the comments 👇

Ever wondered what it takes to navigate a high-stakes electrification project? Our own Tina Larsson had the chance to speak with Habitat Magazine about one of our clients' success stories. It’s always an honor to be featured in a trusted industry publication. 🔗 Link to the full story is in the comments below. Take a look and let us know your thoughts! Have a challenge your board is facing? Let’s connect—I’m here to help. 👇 #Media #NYCRealEstate #CoopLiving

Is your NYC co-op or condo ready for its next big CAPEX project? 💼 Whether it's FISP repairs, Local Law 88 compliance, or preparing for Local Law 97, managing capital projects can be overwhelming. Our latest guide breaks down the strategies and best practices you need to make sure your projects run smoothly and on budget. Learn how to navigate approvals, budget effectively, and manage contractors like a pro. Read the full article and take control of your building’s future! Link in the comment 🏙️ #CAPEX #NYCRealEstate #CoopBoard #CondoBoard #ProjectManagement #LocalLawCompliance

Update on the Corporate Transparency Act (CTA): The United States District Court for the Eastern District of Texas invalidated the CTA as unconstitutional. This is a preliminary halt, and we'll need to wait and see what happens.

Exciting news! Tina Larsson had the pleasure of joining Habitat Magazine's Problem Solved! Podcast to talk about a critical success story where we stepped in to help a board in need. This particular board was in a tough spot—they urgently needed a new property management company and had no time to waste. With emotions running high and the stakes even higher, our process is to start by listening to the boards' wish list, all the way to engaging new management. It was a challenge, but one that highlighted the importance of swift action, strategic thinking, and understanding the dynamics of the board members. I loved sharing the key lessons from this experience with Habitat’s audience. Thank you to Habitat Magazine for the opportunity to share this story and shed light on how the right expertise can turn urgent problems into solved ones. If you're on a board—or know someone who is—facing a management challenge, this episode is a must-listen! Tune in to the episode [14 minutes] and let us know your thoughts! Link in comments below. #Podcast #PropertyManagement #NYC #RealEstate

Important deadline approaching! Did you know that 30 million small businesses need to report their beneficial owners before January 1, 2025 or risk huge fines? This goes for many NYC coop and condo boards too! Link to the full article in the comments 👇👇👇 PS. By the time all 30 million businesses report their owners, you’ll have enough data to circle the Earth 20 times with Post-it notes! 📝🌎 #law #PropertyManagement #coop

Does your building have a Holiday Party? This might seem like a simple question, but the answer can reveal so much about your community's culture and cohesion. At The Folson Group, we believe that fostering a sense of community within your building is just as crucial as managing its finances. A holiday party isn’t just a festive gathering; it’s an opportunity to strengthen relationships, enhance communication, and build trust among residents and board members alike. Let us know whether your building have a Holiday Party by taking the poll 👇 Want our full article of the many benefits of a Holiday Party? Give this a like.

Are your building’s goals as effective as they could be? Setting general goals might seem helpful, but without a clear, actionable plan, many of those initiatives can fall short—especially in the coop and condo world. 🎯 That's where SMART goals come in. SMART goals are Specific, Measurable, Achievable, Relevant, and Time-bound. When co-op boards apply this framework, they move from hoping to actually achieving. Imagine transforming vague ideas like "reduce energy costs" into a clear plan like "cut energy costs by 20% by upgrading all fixtures to LED by Nov 30." With the SMART approach, you're giving yourself the tools to track progress, set realistic timelines, and keep residents informed every step of the way. 💡 Want to dive deeper into how SMART goals can benefit your board and building? Read our full article to learn how to create goals that truly work. Link in comments below. #sustainability #propertymanagement #coopboard

Ever wondered how running a building can be as strategic as running a business? 🤔 At the NYC Accelerator Local Law 97 EXPO, our co-founders Tina Larsson and Mark J. Foley felt the buzz in the air as coop boards and property managers gathered to tackle the pressing issue of sustainability. 🌱 The conversations were enlightening. We didn’t just talk about compliance; we explored how sustainability can drive the bottom line. Imagine reducing operating costs while enhancing resident satisfaction. It’s not just a dream; it’s a reality we can create together. One standout moment was when a board member stopped by to share that she loved Tina's book "Living the High Life," the ultimate guidebook for running your building like a business. Another highlight was when we were able to share how we implemented an energy-efficient system that not only cut our client's utility bills by 30% but also attracted eco-conscious buyers. This is the kind of win-win we need to champion in our industry. Sustainability isn’t just a checkbox on a compliance list; it’s a business strategy that can elevate our properties and city. By viewing our buildings through a business lens, we can cut costs as well as our carbon emissions. So, what’s stopping us? Fear of change? Lack of knowledge? Let’s break those barriers down. I challenge you to think about your building’s sustainability strategy. How can you leverage it to create value? Share your thoughts in the comments! If you found this post insightful, please give it a like and consider reposting to spread the message. Together, we can transform the real estate landscape for the better! #Sustainability #NYCRealEstate #LocalLaw97 #ll97