Co-op / Condo News: Billionaires' Abatements, Board Oversight, and Bacon

Read all the latest co-op /condo news for buyers, sellers and board members in Habitat's weekly Monday News Roundup. Also included: Permanent archival links: If a link ever goes dead, you'll still be able to read the backup at WebCitation.org.

Co-op / Condo Buying, Selling, Living...

• "[Co-op] Board to Buyer: Nah. Not at That Price," on price floors, by Michelle Higgins (The New York Times)

• "Billionaires Get 'Low-Income' Tax Breaks in Condo Tower," on a 421-A tax-abatement loophole, by Robert Frank (CNBC)

• "West 82nd St. Penthouse Addition Pisses Off Kevin Bacon" by Jeremiah Budin (NY.Curbed.com)

• "Ask an Expert: Co-op consequences for a teen's wild party" by Teri Karush Rogers (BrickUnderground.com)

• "[AFL-CIO Housing Investment Trust] Wins Award for Support of Co-op Housing from National Association of Housing Cooperatives" (press release) 

Co-op / Condo Board Issues...

• "Assembly Candidate Pledges to Reform Co-op Oversight" by Ned Berke (SheepsheadBites.com, Brooklyn)

• "Happy with Basic Cable," on whether co-op board can raise a shareholder's monthly fee after building obtains a bulk cable subscription, by Jay Romano (The New York Times)

WebCitation archives:

Nah...Price • Billionaires • Kevin Bacon • Wild Party • AFL-CIO • Oversight • Cable