Co-op / Condo News: Tax Armageddon, De Niro's Fire & Joan Rivers, Board Prez
June 18, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, we're all about to lose our tax breaks. Not a joke. And, what tax credits we're entitled to are being delayed this year. Plus: Dog spas and triathlon gyms are among the latest condo amenities, a court says a co-op may be entitled to keep the deposit when a buyer throws the admission interview, and dryer lint catches Robert De Niro's apartment on fire — check your own dryers, folks; again, not a joke. And in keeping with this theme, it's no laughing matter when Joan Rivers is your condo board president.
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...
- "The Tax Man Cometh for Your Condo: Albany Must Act or Unbalanced Apartment Taxes Will Jump" by Kim Velsey (The New York Observer)
- "City Backlog Will Be Seen on Tax Bills" before homeowners get tax credits due them, by Michael Howard Saul (The Wall Street Journal)
- "Where Dogs Rule the Roost," on buildings that include a dog spa among the amenities, by Sophia Holldander (The Wall Street Journal)
- "New Luxe Apartments Pamper with Vegan Room Service, Triathlon Gyms" by Amy Zimmer (DNAinfo.com)
- "Court Reverses Course in Case of Flunked Co-op Board Interview" by Katherine Clarke (TheRealDeal.com)
- "Fetish Fest Organizers Erect Wall to Shield Luxe Condo Neighbors" by Mathew Katz (DNAinfo.com)
- "City to Auction Off $3 Million Condo, 8 Other Units" on June 28, by by Malcolm Carter (Service You Can Trust blog)
- "Digitized Offering Plans Catch On With Developers" by Alison Gregor (The New York Times). See also Habitat article "Condo Offering Plans & Co-op Prospectuses Go Digital. It's About Time."
- "Co-op Shareholder Kept in the Dark / Exemptions for Unsold Shares" by Jay Romano (The New York Times)
- "A Single Guy Reveals Why He Took the Co-op Plunge — And How He Basically Lives for Free" by Robert Warren (BrickUnderground.com)
- "Robert De Niro's [Co-op] Apartment Scorched in Blaze" by Krisanne Alcantara (AOL Real Estate)
Co-op / Condo Board Issues...
- "For Comedian [Joan Rivers], Leading Her Condo Board Is a Serious Matter" by Elizabeth A. Harris (The New York Times)
WebCitation archives:
Tax Man • Backlog • Dogs • Luxe Apartments • Court Reverses • Fetish Fest • Auction • Digitized • Dark / Exemptions • Single Guy • De Niro • Joan Rivers