Co-op / Condo News: IIllegal-Hoteling Throwdown, Sandy Insurance Woes
Feb. 11, 2013 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a Long Island co-op struggle to finance common-area repair, not covered by FEMA, after superstorm Sandy; a condo super in Greenpoint risks blowing the place up; and rich folk got dem pied-à-terre blues. For co-op and condo boards, we've two tales of illegal hoteling — both with hilarious, albeit nefarious, behavior by the apartment owners. Plus, the latest amenity: onsite well-being programs.
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 Residents Struggle to Rebuild Amid Insurance, Aid Limits" by Maura McDermott (Newsday)
- "Sandy Family at Risk of Eviction Over [Flushing Co-op's] Pet Rules" by Pei-Sze Cheng (WNBC/4)
- "Brooklyn Building Super Used Garden Hoses to Bypass Gas Grid; Almost Blew Up Condos" by Rocco Parascandola (New York Daily News)
- "Couple Says Luxe Hi-Rise [Condo] Modeled After Exclusive Desert Spa a 'Sham': Suit" by Julia Marsh (New York Post)
- "The Luxury of a Manhattan Pied-à-Terre Just Got a Lot More Expensive" due to a change in tax-abatement law,;by Kim Velsey (The New York Observer)
- "Ask an Expert: We want to buy a co-op as a pied-à-terre. What does it take to get approved?" by Teri Karush Rogers (BrickUnderground.com)
- "Out and About: Rolling conversions [from rental to condo] never smooth" by Malcolm Carter (Service You Can Trust blog)
- "Altering Co-op Share Allocations / Selling a Condo at Auction" by Jay Romano (The New York Times)
Co-op / Condo Board Issues...
- "Russian Investment Analyst Could Face Jail if She Keeps Illegally Renting Out Posh Condo" by Julia Marsh (New York Post)
- "Texas Couple Rent Fancy Manhattan Condo to 'Revolving Door of Complete Strangers': Lawsuit" by Julia Marsh (New York Post)
- "Boro Welcomes Tax Break for Condos, Co-ops" by Phil Corso (TimesLedger Newspapers, Queens)
- "These Doctors Make Condo Calls," on a new amenity, American Leisure's Your Well-Being program, by Alison Gregor (The New York Times)
WebCitation archives:
Struggle to Rebuild • Sandy Family • Brooklyn Super • Couple Says • Luxury • Ask an Expert • Out and About • Altering / Selling • Russian • Texas • Boro • Doctors