HABITAT
Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a co-op gets rid of a Citi Bike station — and we learn a co-op board elsewhere has banned shareholders from having bikes. A Bronx co-op owner tells a board horror story — and a board member asks how to get rid of a bullying board president. But on the positive side, Co-op City gets energy-efficient lighting — and Madonna's cut the price of her Harperley Hall co-op; now it's just $19.995 million!
... tiptoeing on tipping, fulminating on flooring and trying out Tribeca. And see why a broker says not to pay brokers ... directly.
Co-op / Condo News: Madonna, Mitchell-Lama and More Taxes to Come?
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.
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