New York's Cooperative and Condominium Community

Habitat Magazine October 2020 free digital issue

HABITAT

WILLIAMSBURG

Three condo boards seek $2 million for city’s failure to maintain parks.

Co-op and condo boards need to meet the letter of the law to thwart violations.

Federal government hits developer for failing to provide accommodations.

The Hard Truth About a Condo Board’s Right of First Refusal

Written by Dale J. Degenshein on August 26, 2019

Williamsburg, Brooklyn

Brooklyn buyer asks: What’s wrong with my $850,000?

The Edge Condo in Brooklyn Has Seen the LED Light

Written by Bill Morris on April 24, 2019

Williamsburg, Brooklyn

Board shaves electricity bill by $40,000 a year with lighting retrofit.

Liens filed against Chinese developer over $250,000 in unpaid common charges.

Sponsors are bending to condo buyers' demands.

Sponsor not responsible for $2 million in construction flaws.

Condo conversion to feature a “jam room” for musicians.

Once upon a time there was a bakery at 331-333 Kent Avenue. When artist Cosimo Cavallaro bought the building, he had big plans for it. Brownstoner reports that, in 2004, Cavallaro wanted to convert the once bakery-then artist loft into an 11-story luxury condo called Punctilio. It was not to be, however. In 2012, the spacious building near the Williamsburg Bridge sold for $5,000,000. All we know about the new owner is that it's an LLC. And thanks to Brownstoner we also know that the mystery owner plans to develop a huge gallery space with apartments, most likely condos. "The first two floors will house a cafe, reception and art gallery over 7,805 square feet…. A two-story addition is [also] planned, which will house two duplex apartments with terraces over 4,663 square feet." The Department of Buildings (DOB) has reportedly given a thumbs down to the planned expansions. And we agree with Brownstoner, which praised the modernity of the new design, but added: "We think it would be even better if the original building were restored, arched brick windows and all."

1 2 3

Ask the Experts

learn more

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

Source Guide

see the guide

Looking for a vendor?