January 06, 2014
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.
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.
Thinking of buying a co-op or condo? Already bought, and not sure how co-op/condo life and rules work? Learn all about purchasing a place and living in your new community. It's not like renting, and its not like owning a house. What's it like?