Co-op / Condo News: Busting B&Bs, Brooklyn Battle, Bronx Bird
Sept. 17, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, New York City cracks down on people illegally turning their apartments into hotel rooms. On the other hand, state legislators want to soften ILSA, the federal Interstate Land Sales Full Disclosure Act that helps protect condominium buyers from bad developers — allegedly like the one the condo board at On Prospect Park is suing. Plus: What's an ongoing assessment, and how did the co-op board shut up that rooster? And Cynthia Nixon may no longer be your co-op neighbor, but David Duchovny might be your new one. The truth is out there — or it will be at the admissions interview.
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...
- "Vicious Vacancies: City Council Raises Fines on Illegal Hoteliers" by Kim Velsey (The New York Observer)
- "Legislators Say New ISLA Bill Offers [Condominium] Developers 'Stability'" by Sarah Trefethen (Real Estate Weekly)
- "Ask an Expert: What is an "ongoing" assessment?" by Teri Karush Rogers (BrickUnderground.com)
- "Diary of a First-time [Co-op] Buyer: "How did I get here and how do I get out??" by Elle Bee (BrickUnderground.com)
- "That Short Appraisal May Actually Be Right" by Malcolm Carter (Service You Can Trust blog)
- "Bronx Tenants Say Nearby Noisy Rooster Is No Fine-Feathered Friend" and "Rooster Cries [Coming from a Co-op] No Longer Trouble Bronx Woman's Sleep" by Susan Jhun (NY1 News)
- "Peek Inside a Greenwich Village Condo with a Water Tank Cottage" by Michelle Manetti (Stylist.com)
- "Sales In the City: Cynthia Nixon’s UWS Co-op Fetches $1.59 M." by Kim Velsey (The New York Observer)
- "David Duchovny Is in Contract for CPW Apartment: Actor awaits board interview at co-op that famously turned down Mariah Carey" by Adam Fusfeld (TheRealDeal.com)
Co-op / Condo Board Issues...
- "It’s War at Grand Army Plaza" as condo board of On Prospect Park sues building's developers for $200 million, by Lois Weiss (New York Post)
WebCitation archives:
Illegal Hoteliers • ILSA • Assessment • Diary • Short Appraisal • Bronx Tenants • Rooster • Water Tank • Cynthia Nixon • David Duchovny • War
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