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.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.