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Beware This Wrinkle in the Proprietary Lease UNABRIDGED

Magazine Article by Kathryn Farrell on March 18, 2019

. In Federal Natl. Mtge. Assn. vs. Tenenbaum, the Federal National Mortgage Association (colloquially known
Kory, a broker with Corcoran, tells Brick Underground. "That said, in a depressed market, most co
they vote not to approve the sale. If the board does approve the sale, the buyer asks, how can she get out
owners.  “Law enforcement has been asking for years for new laws so that they can follow the money
Manor at 176 East 77th Street. His co-op refinances its underlying mortgage every 10 years as a matter ... New safety rules mean boards need to ask some tough questions – now.

Treasurer for Eternity UNABRIDGED

Magazine Article by Tom Soter on January 25, 2019

 Peter Smyth, the  treasurer at Hastings House in Hastings-on-Hudson was asked to stay ... as a mortgage broker. The board wanted a financial person because the original treasurer was moving out. “So

7 Steps to Smart Decision-Making UNABRIDGED

Magazine Article by Paula Chin on January 24, 2019

our mortgage refinance was coming up,” Levinson says. “Instead of having to pay back the balance
things I always ask is, “How did you hear about us? And what do you like about the building?” They bring
, she met a fellow student named Henny Wong, who asked her out on a date. When he asked her for a second
requiring full bank and brokerage statements. Larson’s board now asks applicants to have a CPA sign

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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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