Did Your Building's Budget Problems Start Years Ago?
From How To Run Your Building! For Co-ops and Condos by Habitat Magazine
November 10, 2025 · 34 min · Season 3 · Episode 4
About this episode
Three leading property management CEOs discuss how buildings can spiral into financial crisis and the responsibilities of boards.
You probably think your board is managing your building’s finances responsibly. But are you certain? In this episode, three of New York City's leading property management CEOs discuss case studies that expose how buildings can easily spiral into crisis. Peter von Simpson of New Bedford Management, Michael Feldman of Choice Management, and Dan Wollman of Gumley Haft Management share stories about inheriting buildings with conspiracy theories running wild and boards in denial about their financ...
People in this episode
Guests: Peter von Simpson, Michael Feldman, Dan Wollman
Topics covered
- building management
- financial crisis
- property management
- board responsibilities
- case studies
Keywords
- building budget
- financial management
- property crisis
- New York City
- board management
Mentioned in this episode
Organizations: New Bedford Management, Choice Management, Gumley Haft Management
Places: New York City
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- Why NYC Property Management Just Got Extremely Complicated · October 27, 2025 · 41 min
- Why Management Transitions Fail — and How to Avoid Disaster · October 13, 2025 · 36 min
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