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Tina Larson

Tina Larson

Co-founder of The Folson Group, a NYC co-op and condo consultancy, and author of "Living the High Life."

Sep 23, 2026

16:12
How difficult was it for you to leave Wall Street and do your own business?
16:19
It was not difficult, but it didn't happen immediately.
16:22
So we started our business in 2014.
16:26
So we're going on 13 years right now.
16:31
And, but we continue, we started this as a side business.
16:37
So we continue to have the safety net of our existing jobs or business.
16:47
We do this as a side business and then not until 2019.

11 MINS LATER

18:49
the list goes on
18:52
so it's very very complex so for a board or a board member to have the technical expertise and fit that into their regular i mean they have a full-time job they have businesses, hobbies, families.
19:09
And then they rely on their property manager, but their property manager probably has six, seven, eight buildings.
19:17
So they don't really have the bandwidth to provide the support that boards need.
19:25
And think about it, in New York, 80% of the apartment housing stock were built prior to 1980.
19:37
That means that they are old, their elevators are old, their boilers are old, their infrastructure, they're still holding up the building, everything is old.
19:50
And to do that over, so the last 30 years they've been managed by 30, I'm saying 30, it's probably 40 or 50 years by now since the big conversion boom when there was a, there were a lot of buildings converted in the 80s.
21:38
The boilers, the elevators, the codes, the heating, ventilation systems, all that stuff.

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