Co-op / Condo News: Taxes May Jump, Going Solar Post-Sandy, More
Nov. 19, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, there's no bigger news for boards than of the legislative mess in Albany that will send co-op and condo property taxes sky-high unless Gov. Cuomo and company take action. On the Upper East Side, a co-op board sues a sponsor that won't let go even after 24 years, a doorman charges a management company with allowing racist rants, there's power from the sun in Sunset Park and much more.
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, Condo Taxes Set to Soar" by Chris Bragg (Crain's New York Business)
- "Co-op Board Sues Frost [Equities] over Stake in Upper East Side Building" where, despite law requiring sponsors to give up control after five years of closing or 50 percent sales, Frost has held control since 1988, by David Jones (TheRealDeal.com)
- "Fired Doorman Accuses Queens Upscale Condo Super of Racial, Sexual Harassment" by John Marzulli (New York Daily News)
- "Let There Be Light: Sunset Park Co-op Building Getting Off the Grid with Solar-Power Panels" by Lore Croghan (New York Daily News)
- "Scandal-Condo Deal," on apartment bought with laundered money, by Bruce Golding (New York Post)
- "Sellers Must Keep Their Priorities in Mind," on "as is" clauses, by Malcolm Carter (Service You Can Trust blog)
- "Father of Modern Condominiums Will Never Live in One" by Lee Benson (Salt Lake City Deseret News)
Co-op / Condo Board Issues...
- "Rent Coach: Can the co-op board kick us out after 2 years of subletting?" by Mike Akerly (BrickUnderground.com)
- "Rules on the Heating of Condos" by Jay Romano (The New York Times)
WebCitation archives:
Taxes • Co-Board Sues • Fired Doorman • Solar Power • Scandal • Sellers • Father • Subletting • Rules