NOTABLE ACHIEVEMENT:

Because of the hard work and determination of Steve Greenbaum, a bankrupt co-op found a new lease on life.

• At 85 Eighth Avenue, a 118-unit co-op, a receiver was appointed to avoid bankruptcy. Part of the workout was to hire a competent management firm. Prior to the bankruptcy, a botched window installation left roughly 20 units' windows incomplete and an outstanding bill of $60,000.

• Enter Steve Greenbaum. He assessed the value of the windows not installed and offered to pay the contractor $25,000 in exchange for satisfaction of the lien. He then had other contractors properly install the windows.

• Greenbaum resolved problems and saved money in other ways: he was crucial in signing the building onto the city's low-flow toilet program; refinancing the underlying mortgage at a favorable rate; using money from the refinancing to build up the reserve fund; completely modernizing and/or replacing the two elevators, courtyard, roof deck, lobby, and hallways.

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