New York's Cooperative and Condominium Community

Habitat Magazine July/August 2020 free digital issue

HABITAT

175 W. 13TH STREET

Call it the battle over the bikes. New York City's year-old Citi Bike bicycle-sharing program may be suffering many well-publicized problems with its docking stations, but now some buildings are challenging its very existence. Four co-op and condo boards have taken legal action to get the fixtures removed or modified.

May the city install bike-share terminals in front of your building? That was the issue discussed in Cambridge Owners Corp. v. New York City Department of Transportation.

The Department of Transportation (DOT) decided to install a bike-share station in front of The Cambridge, a roughly 137-apartment co-op at 175 West 13th Street in Manhattan. The Citi Bike program consists of 6,000 bicycles docked in more than 300 self-service share stations around the city. Members of the public can rent the bikes from, and return them to, any station in the system, which is open around the clock.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, long faces on Long Island, as a the FBI arrests two men they allege ran a Ponzi scheme at their Montauk resort containing over 100 co-op apartments. Another kind of white-collar criminal may be robbing you when you apply for a mortgage. And is it criminal to pay $80,000 for parking space at a car condominium? Plus, the co-op board of The Cambridge House sued the City to get Citi Bike racks in front of its building removed — and now the City says it's above the law and the courts have to stay out!

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a co-op claims victory, sort of, against Citi Bike, a condo owner will only accept Bitcoin and how hot is Long Island City? Plus, for condo and co-op boards, there's more on Intro 188, which would regulate co-op admissions more tightly, as well as a big fine against a condo's illegal hoteler and let's all have fun with quirky house rules!

Ask the Experts

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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

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