Co-op/Condo News: Burglars Welcome — Board Won't Allow Window Bars!
New York, NY: August 9, 2010 — Recent news for co-op boards, condo associations and co-op and condo purchasers.
As the dog days of summer start barking and co-op and condo board members take vacation time like the rest of us — at least theoretically! — we have a light but nonetheless enlightening batch of news this week. Board members can read about how a (commercial) building retrofitted to go green, see a national perspective on the new no-vacation-rentals law, and learn a little bit about saving money on condominium insurance master policies. Plus, discussion on record mortgage-rate lows and HDFC co-ops, Glenn Close closes on her Beresford apartment sale, and why won't a board won't let its residents defend themselves against break-ins?
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.
- "Retrofit Building First to Grab Green Award" by James Comtois ( Crain's New York Business)
- "More Destinations Shut the Door on Vacation Rentals" by Laura Bly ( USA Today), on the new NYC anti-subletting law and others
- "Amid Property Insurance Rate Hikes, Some Condo Premiums Dropping" by Julie Patel ( South Florida Sun-Sentinel), on condominium master policies
Buying and Selling...
- "30-Year and 15-Year Mortgages Dip to Record Lows" by Malcolm Carter (Service You Can Trust blog)
- "HDFC Co-ops: Disclosure and Mortgage Issues" (Brownstoner.com forum)
- "A Studio for a Shoestring Budget" by Joyce Cohen ( The New York Times)
- "Toll Brothers' New Murray Hill Condo Begins Move-ins" (TheRealDeal.com)
- "Close! Beresford Corner Nabs $10.2 M., Under Asking" by Chloe Malle ( The New York Observer)
Board Issues from Around the Country...
- "Houston Man Sues HOA over Burglar Bars" by Jeff McShan, KHOU.com (Houston, Texas)
- "Road Closed as Dispute Escalates: Overlook Bay condos erect barricade to block access to shopping center" by Jane Ford-Stewart (MyMuskegoNow.com [Muskego, Wisc.])
WebCitation archives:
"Retrofit" • "Vacation Rentals" •"Insurance" • "30-Year" • "HDFC" • "Studio" • "Toll Bros." • "Close!" • "Burglar Bars" • "Road Closed"