New York's Cooperative and Condominium Community

Habitat Magazine June 2020 free digital issue

HABITAT

BRIGHT N' GREEN

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, condo-owners at the landmarked American Tract Society Building a.k.a. 150 Nassau Street, swill be welcoming a Denny's restaurant, after all. Well, maybe "welcoming" is too strong a word. In Brighton Beach, the ultra-green condo at 67 Brighton 1st Lane may or may not still be called Bright N' Green, but it's back in the news. Upcoming Late Night host Seth Meyers buys in Greenwich Village. And condo owners at The Lennox say its construction was bollocksed. Plus: Tips on spotting a friendly / liberal co-op board.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, there is no more important news for homeowners, including co-op and condo owners, than this: The Republican Party platform says Mitt Romney will push to eliminate the mortgage tax-deduction. The interest that co-op shareholders and condo unit-owners pay on their home loans would no longer be deductible on their federal income taxes. President Obama on Thursday specifically stated he would retain that important deduction.

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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