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!
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.
February 11, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a Long Island co-op struggle to finance common-area repair, not covered by FEMA, after superstorm Sandy; a condo super in Greenpoint risks blowing the place up; and rich folk got dem pied-à-terre blues. For co-op and condo boards, we've two tales of illegal hoteling — both with hilarious, albeit nefarious, behavior by the apartment owners. Plus, the latest amenity: onsite well-being programs.
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, Congress and the president save the mortgage-interest deduction, buildings in the flood zone, including co-ops and condos, may be required to buy flood insurance, Spielbergian producers sell their co-op and Manhattan apartment prices about to go up.
December 31, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, politicians continue to promise tax abatement. Still haven't passed it yet, though. Plus, an upscale Brooklyn condo forbids smoking in apartments, gardening space is the newest amenity and fans make pilgrimage to The Odd Couple's co-op apartment building in the wake of Jack Klugman's death. Your co-op apartment building should be so revered, bubala.
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, from Harlem to, um, South Harlem, co-op and condo residents are rising up and having their say big-time. A judge rules that a transgender heiress can smoke in her co-op, with conditions. And the Time Warner Center is foreclosing on a storage unit — yeah, you can do that — belonging to nightlife mogul Michael Hirtenstein, over a relatively measly $2,500 arrears. Plus, here's the neighborhood with the most new residential developments, and Katy Perry kissed a condo ... goodbye!
December 31, 1969
... co-op maintenance fees and condo common charges may soon spike, a co-op to avoid in the hot Harlem market and, of particular interest for board, the latest in kid-friendly amenities and what are multi-condominiums and can their funds be mingled?