Co-op/Condo News: New Sponsor & Broker Laws, Low-Cost Co-ops, More

Read all the latest co-op board and condo board news in Habitat's weekly Monday News Roundup! Also included: Permanent archival links. If a link ever goes dead, you'll still be able to read the backup at WebCitation.org.
 

• "Tell Me More: Sponsor Sweetheart Deals Targeted by New Disclosure Law" (BrickUnderground.com)

• "Who Is Watching Heiress Huguette Clark's Millions?" by Bill Dedman (MSNBC.com), including a response by the co-op board at The Dorchester (110 East 57th Street) to suspicious-seeming activity by her attorney and her sex-offender-accountant trustees

• "Former Secretary of State Colin Powell Unveils Namesake Affordable Housing" by Corinne Lestch (New York Daily News) and "Habitat for Humanity Honors Gen. Colin Powell" at a three co-op complex named for him in The Bronx, by Kathleen M. McBride (Investment Advisor)

Buying and Selling...

• "Brokers Must Reveal More" to New York State apartment buyers and sellers, by Josh Barbanel (The Wall Street Journal)

• "Low-Cost Home Ownership (Strings Included)" by Juliette Fairley and Brittany Hutson (The Wall Street Journal), on Urban Homesteading Assistance Board shared-equity co-ops

• "Live & Learn: PS90 & Other Harlem Condos Forge Ahead" by Max Gross (New York Post)

• "Tiger Woods' Former Mistress Buys NYC Condo with Settlement Money" by Sheree R. Curry (HousingWatch.com)

• "Seeking Designated Buyer," on Derek Jeter putting his Manhattan condo for sale, by Elizabeth A. Harris (The New York Times)

Board Issues from Around the Country and More...

• "Massie v. U.S. Department of Housing and Urban Development" (Leagle.com), on a court victory by a Section 8 co-op in Pittsburgh

• "Concrete Bills Hit Core Lofts Owners: Fixes will cost up to $10k a unit" by Steve Arnold (The Hamilton Spectator, Hamilton, Ont.)

• "Condo Board Members Discussing Cutting Down Trees" because of starling infestation, by Marla Carter (KJRH-TV, Tulsa, Okla.)

• "Condo Owners Raise Alarm: Unsightly work on fire system upgrades has left residents doing a slow burn" by Hugh Adami (The Ottawa Citizen)

 
WebCitation archives:
"Sweetheart Deals" • "Heiress" • "Colin Powell" • "Habitat for Humanity" • "Brokers" • "Low-Cost" • "Harlem Condos" • "Tiger Woods" • "Derek Jeter" • "Massie" • "Concrete" • "Trees" • "Alarm"