Co-op / Condo News: Maintenance Too High and Too Low, Tax Abatement, More
March 4, 2013 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, it's all about balance: When co-op maintenance or condo common charges are too high, the middle class leaves. Too low, and you may not be able buy a boiler. We've another analysis of the new tax-abatement law, eco-friendly floors in Brooklyn, superstorm Sandy debris in Staten Island, and a newly landmarked co-op in Queens. And for boards there's got The Dakota lawsuit — as told by Vanity Fair! Welcome to the big time!
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 on an archivable site, you'll still be able to read the backup at WebCitation.org.
Co-op / Condo Buying, Selling, Living...
- "What Coop, Condo Owners Can Expect From Albany's New Tax Abatement Law" by Jill Urban (NY1 News)
- "The Co-op Squeeze: Soaring Maintenance Fees Pushing Some Owners Out" by Sheila Anne Feeney (amNY)
- "Low Monthly Fees Nice But Perhaps Warning Sign" by Malcolm Carter (Service You Can Trust blog)
- "Park Slope Condo Lures Eco-Conscious Buyers with 'Harvest to Plank' Floors" by Leslie Albrecht (DNAInfo.com)
- "Apartment Buyers Combat Low Inventory By Combining Units" by Jill Urban (NY1 News)
- "Parkway Village: An Historical [sic] Landmark," on that Kew Gardens Hills co-op being added to the National Register of Historic Places, by Jason D. Antos (The Western Queens Gazette)
- "Ask an Expert: Should we sell our apartment when there's competition in the building?" by Teri Karush Rogers (BrickUnderground.com)
- "A Co-op, Not a Hotel / No ‘Functioning Kitchen’" by Jay Romano (The New York Times)
Co-op / Condo Board Issues...
- "Sex, Lies, and Lawsuits," on The Dakota co-op board lawsuit, by Suzanna Andrews (Vanity Fair)
- "Staten Island's Midland Beach Neighborhood Has a Blight That Sickens, Some Say," including the board at Oceanwoods Condominiums, by Frank Donnelly (Staten Island Advance)
- "A Plumbing Device Overlooked" by Jay Romano (The New York Times)
WebCitation archives:
Co-op Squeeze • Low Monthly • Park Slope Condo • Parkway Village • Ask an Expert • Hotel / Kitchen • Sex, Lies p.1 and subsequent pages • Staten Island's • Plumbing