September 30, 2013
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week there's a lot of news for boards in particular, with a growing wave of scammers falsely claiming disability in order to have dogs in a no-pet building, with the latest on publicly naming residents in arrears, with the expansion of no-smoking buildings, and with converting a club space to an apartment for resale. Plus: families buying multiple apartments together, broker-free sales and Judge Judy (above) buys in Sutton Place.
Written by Frank Lovece on December 16, 2011
The case of the careless care dogs is moving forward — just without the board members.
In a New York Supreme Court decision filed Dec. 2 with the County Clerk, Judge Emily Jane Goodman ruled that a lawsuit by writer Liz Weston (not to be confused with the financial columnist Liz Pulliam Weston) against the tony co-op 14 Sutton Place South (above) could continue toward trial. But Goodman cut loose the seven board-members themselves, saying they were protected by the Business Judgment Rule.
So will Theo and Kodi have to keep using the service elevator? And how's Lola's injured tail doing?
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?