August 19, 2013
This week, the co-op board of the publicly subsidized Lindsay Park Houses in Williamsburg, Brooklyn, used taxpayer money to send letters endorsing disgraced former Assemblyman Vito Lopez, who — despite sexual-harassment charges by eight women and having to resign following a state Ethics Commission investigation — is running for City Council. But it seems that's legal — as is, apparently, a Florida condominium board's refusal to sell to unmarried straight or gay couples "living in sin"… and since gays can't marry in Florida, that point's especially problematic. We don't usually note news outside the metro area, but real-estate discrimination against those who don't share your religious beliefs seems more than parochially important. And in other news: Parents like playrooms as an amenity!
Written by Ronda Kaysen on August 08, 2013
Dumpy. Once upon a time, that was the best word to describe the lobby at 1150 Park Avenue, a Carnegie Hill co-op in Manhattan that featured imitation 18th-century green fabric, English-style furniture in the lobby and wallpaper that imitated stone in the vestibule. "The lobby looked dilapidated, tired and old," recalls board president Lillian Brash.
Written by Ronda Kaysen on August 01, 2013
As the housing market heats up, many co-op and condo boards are taking a fresh look at their lobbies and realizing that if shareholders and unit-owners want to get top dollar, the lobby needs to wow a potential buyer. But renovating a lobby is an expensive undertaking that can cost anywhere from tens to several hundred thousand dollars. Eager to keep costs down, many condo and co-op boards are looking for ways to refresh their lobbies without draining their capital reserves.
December 10, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. A co-op board is rightly skeptical of a claim that no possible antidepression treatment even exists other than a dog. A starchitect's building in Brooklyn comes without a trash room, and the city says it's legal — but still tickets the condo for, well, not having a trash room. Manhattan condos are selling strong, but co-op bargains are to be had in the Heights. And for co-op / condo boards, a discrimination lawsuit still stands, but its lawyers don't.
March 04, 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!
July 08, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, following the Independence Day holiday, we look at neighborhoods on the rise in Brooklyn, Queens and Manhattan. Plus, an expert tells you about refinancing your co-op — and, for boards, another explains all about financing your super's apartment. And two TV / film notables sell their places: the late Celeste Holm's Central Park West abode gets bought, and The Simpsons' Hank Azaria, the voice of Apu, Moe, Chief Wiggum, Comic Book Guy and more puts his Soho condo — Cindy Sherman's old place! — up for sale.
November 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.
Written by Sheryl Nance-Nash on June 06, 2013
Worried about guns in your building? Steve Rosenstein is. As board treasurer of a Brooklyn co-op, he maintains and updates the purchase application for unit sales in his building.
"After [the shootings at] Sandy Hook, I started thinking about adding a question or two about gun ownership to the application," he says. "I can tell you definitely that boards are starting to ask questions about guns and firearms as part of co-op admissions and habitability." With gun violence in the news, it may be time for your board to consider gun control.
June 10, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, Airbnb brings financial support to the case of Nigel Warren, fined $2,400 for illegal hoteling. Read the company's justification for why landlords, co-ops and condos should allows streams of strangers to turn residential buildings into hotels. The best part? Airbnb writes this on the company's "public policy" blog — never once mentioning that overturning New York's illegal-hoteling restrictions would give its business explosive growth. Yep, they're just looking out for the little guy, that's all.
Plus, is a co-op board backing bullies in Park Slope? Sure seems that way from the photographs of a Yuppie's obscene hand gestures toward an 88-year-old woman, her 53-year-old daughter and the grandkids at 808 8th Avenue in Brooklyn. Plus, Judge Judy sells her co-op, and the condominium board of a landmarked building sues to keep a Denny's restaurant out of it.
May 06, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, sponsor abuses stir up the latest call for a co-op ombudsman in the Attorney General's office, a Queens condo board changes apartments' locks to keep owners out during Sandy repair — commandeering one home for a construction office — and West Village co-opers sue to keep away bicycle clutter. For condo and co-op boards, we've the latest hoteling lawsuit. Plus: Condopedia! Which we're sure is as accurate as regular Wikipedia.
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