New York's Cooperative and Condominium Community

Habitat Magazine Insider Guide



A Manhattan Supreme Court judge has thrown out a lawsuit against the developers of The Apthorp condominium on the Upper West Side.

The Real Deal revealed that the $750,000 suit, which claimed that a descending staircase cut the plaintiff’s unit in half, was tossed when the judge ruled that the agreement was for an 'as is' purchase, and therefore it was up to the buyer to inquire as to the condition of the apartment.

Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, the rape victim at an Upper West Side, doorman high-rise sues the condo board, the managing agent and others after the building staff did not investigate the delivery person's excessively long stay. Plus, more on co-op price floor, the building-workers union honors its own, and why the super-rich pay less in property taxes, percentage-wise, than working-class New Yorkers. Hint: It has to do with that Dept. of Finance factor called "comparables."

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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