November 26, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, uncertainty still abounds after the Department of Finance makes a claim neither New York City nor New York State will confirm about the possible extension of a crucial property-tax abatement. Plus, a court forbids a Mitchell-Lama co-op to privatize, Madonna is selling one of her apartments and a Financial District condo board gets sued for its actions, or lack thereof, in the wake of superstorm Sandy.
December 03, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, politicians remain concerned over Albany gridlock keeping a crucial tax abatement in limbo, and is that Doberman really a service dog when the disabled person doesn't even live there? One brave pundit asks, "Is holiday tipping necessary?" And the co-op boards and residents of Co-op City and 505 LaGuardia Place can breathe easily now that a couple of important deals got done.