A condo in downtown Brooklyn was found to have irresponsible finances, prompting a 30% common charge increase and a $50,000 assessment to restore the reserves. (Print: Duped By Developers)
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Showing articles 1 to 10 of 12 results
returned by “Developments”
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ArticleTopicsColumn TypeIssue
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New Condo in Brooklyn Faces Financial Crisis After Developer Departs
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Minnows and Whales
What’s your responsibility to the community at large when you live in a co-op or condo?
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How to Sell Your Building
Selling apartments to a developer can be tricky.
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How to Structure a Building Sale
Consensus in a building sale is key, but it can be tough to get.
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Construction Next Door
Not concerned about the high-rise going up next door? You should be.
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Tax Implications of Board Actions - Miller & Miller
Should an apartment corporation enter into a major financial transaction without considering the tax consequences?
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A Conversation About: Faulty New Construction
A condo struggles with corrupt developers, greedy lawyers, and an apathetic Attorney General
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Face-Off: Board v. Developer, Building 1 - Newswalk Condominium
Nightmare on Dean Street: a band of owners found their promised piece of heaven was a doorway to hell.
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Face-Off: Board v. Developer, Building 2 - Spring Meadows
A developer, a sewage treatment plant, and $4 million in expenses all spelled disaster for one Suffolk county co-op.
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Legal Lessons: Sponsors
Habitat Legal Survey 2009 - Sponsors: unit owner rights with a sponsor-controlled board, new buildings with structural and financial flaws, responsibilities of a sponsor board
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