Written by Ronda Kaysen on January 28, 2014
No condominium or cooperative board wants to restrict its residents' ability to work with brokers they choose; indeed, some argue that this would be illegal restraint of trade. Yet some brokers are problematic, creating needless issues for boards to deal with, from selling apartments at cut-rate prices, lowering all residents' equity, to simply being a pest who bombards residents with unwanted e-mail. So what can a condo or co-op board do?
January 27, 2014
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, the battle over emotional-support dogs gets even more emotional at East River House, as the feds get into the act. Elsewhere, condo and co-op boards might want to partake of a new program teaching doormen to recognize and report elder abuse. And some in City Council push for property-tax rebates. Plus, co-ops try to more like condos and vice-versa, a new affordable housing program will fill a long-empty condominium in The Bronx's Mount Hope neighborhood, and Ronan Farrow (pictured) may be your new Upper West Side neighbor.
July 01, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, gay, married co-op and condo owners are now among those getting equal protection under federal law. Plus, is there or isn't there a foreclosure auction at tony River House? And how much impact do maintenance fees have on the sale of a co-op? Plus: ThinkPad goes boom! Condo board goes to court!
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.
Written by Abigail Nehring on February 26, 2013
An alleged break-in three years ago still lingers in the memories of the board members of the Coliseum Park Apartments, a cooperative just west of the Time Warner Center. Why only alleged? Because the shareholder had no evidence anyone had illegally entered. No security camera footage. No damaged furniture. Just a valuable stamp collection gone missing. That's one reason the co-op board ultimately chose to install a rigorous new key fob access system that would not only make the building more secure but also give doormen far-reaching oversight of who entered and exited.
Written by Abigail Nehring on March 26, 2013
This year, the Coliseum Park Apartments on the west side of Manhattan installed an electronic key-fob system across 32 exterior and common-area doors. The technology, already widespread in new condominium developments, opens doors wireless and keylessly, and the data provided, like that of security cameras, helps allow the co-op's building management to target and control access. Yet once your co-op or condo board has decided to use a key-fob system and your residents are aboard, what are the steps to actually getting it installed?
December 17, 2012
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a New York City co-op board that refuses to recognize Hanukkah? That'd be mashugana if it weren't so disturbing. Plus, another high-rise hooker, recovering from superstorm Sandy, a co-op flood wall in Yonkers and city inspectors have become unglued in Co-op City. And for co-op and condo boards that want good lobby art but can't afford it, two boards have creative solutions.
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Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.