Co-op / Condo News: Attorney General No Longer Prosecutes Escrow Cases

Read all the latest co-op /condo news for buyers, sellers and board members 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.

Co-op / Condo Buying, Selling, Living...

• "In Major Departure, AG Will No Longer Oversee [Co-op and] Condo Deposit Disputes" by David Jones (TheRealDeal.com)

• "Co-op Owner Wins Casualty Loss Appeal" by Peter J. Reilly (Forbes). See also Habitat article "Castle Village Wins Tax Case on Appeal, Allowing Deductions After Catastrophe"

• "Finance Dept. Bases Condo and Co-op Taxes on Fiction" by Bob Friedrich (Op-ed, TimesLedger Newspapers, Queens)

• "Manhattan New Condos Raise Prices Monthly as Demand Soars" by Oshrat Carmiel (Bloomberg.com)

• "After the Board Interview, a Title Search Bombshell" by Elle Bee (BrickUnderground.com)

• "LES Residents Infuriated by Bowery Triplex Venue The General, Bow, and Finale" Anne Saunders (Gothamist.com) 187 Bowery, 199 Bowery

• "Ask an Expert: Can I get approved for a wet-over-dry renovation before I buy?" by Teri Karush Rogers (BrickUnderground.com)

• "Out and About: It’s hard to fill in the blanks" when looking at an unoccupied apartment for sale, by Malcolm Carter (Service You Can Trust blog)

• "River House Lightens Up About the Whole 'Never Speak Our Name' Thing" by Kim Velsey (The New York Observer)

Co-op / Condo Board Issues...

• "Sen. Charles Schumer Seeks [HUD] Aid for [Boards of] Sandy-Damaged Co-op and Condos" by Clare Trapasso (New York Daily News)

• "The Ethicist: Gym Rat," on whether a co-op committee-member should inform a potential buyer of construction about to be performed directly below the apartment, by Chuck Klosterman (The New York Times Magazine; scroll to second item)

• "Sun City It’s Not," on boards addressing NORCs and the needs of aging homeowners, by Constance Rosenblum (The New York Times). See also Habitat article "Greying Area: Adjusting as Residents Grow Old and Infirm"

• "Dealing With an Illegal Sublet / A Hallway Smells of Marijuana" by Jay Romano (The New York Times)

WebCitation archives:

Major Departure • Co-op Owner • Finance Dept. • Manhattan New Condos • Board Interview • LES • Ask an Expert • Out and About • River House • Sen. Schumer • The Ethicist • Sun City • Illegal Sublet / Marijuana