Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, Zeckendorf Towers goes smokeless, the folks at Alwyn Court and The Briarcliff go homeless, and thanks to 24-hour construction crews, a Rockaways co-op goes sleepless. Plus, three Lower East Side co-ops install fuel-efficient boilers to save money heating 2,700 apartments, Airbnb lobbies politicians to take the "illegal" out of illegal hoteling, and people debate the pros and cons of the proposed co-op admissions disclosure law.
Recent news affecting co-op / condo buyers, sellers, boards and residents. Lots of news for boards in particular this week, as one co-op board sues the developer of One57 — the condo with the crane — and other boards face lawsuits against them because of superstorm Sandy. And it's board member vs. board member at The Bronx's Brady Court. Plus, a third of all homebuyers don't know what an "annual percentage rate" is. And while we'd bet that Ben Stiller (at left) does, he and his actress wife Christine Taylor still lost a million selling their co-op duplex on the Upper West Side.