Co-op/Condo News: Bike Rooms, Unofficial "Board Meetings" & More
New York, NY, Oct. 4, 2010 — Recent news for co-op boards and condo associations.
Boards look into bike rooms and maybe into shareholders who overcharge roommates. Verizon seeks co-op board approvals as it keeps rolling out FIOS. A manufacturing plant in Queens goes solar to save on its $20,000-a-year electric bill — what do you pay a year? Plus, no smoking in Chicago, a condo manager gets sued in Texas over "pebbles," and when is a board meeting not a board meeting? When condo board members hang out together and chat about the building. What happens then ain't pretty. Plus: See why they don't call him "Oscar de la Renting," as the fashion mogul buys into a condo building for his boy.
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.
- "Ask an Expert: How can my co-op board find out how much rent I'm charging?" by Teri Karush Rogers (BrickUnderground.com)
- "The Latest Must-have: Bike Space: City's crush of cyclists turns parking into hot apartment amenity" by Amanda Fung (Crain's New York Business)
- "HOAs and COAs – What’s Your Property Worth? Are You Sure?" (StockMarketsReview.com)
- "Verizon FIOS Still Rolling Out Network in NYC" (NYConvergence.com)
- "It's Now J. Sussman & Sun: Company gets roof solar system aid" by Clare Trapasso (New York Daily News)
Buying and Selling...
- "Court of Appeals Upholds Ruling that Extell, Carlyle Must Return Deposits at Rushmore" by David Jones (TheRealDeal.com)
- "Oscar de la Renta Buys [SoHo Mews Condominium] Apartment" by Sarah Kershaw (The New York Times)
Board Issues from Around the Country...
- "Condominium Q&A: Condo board member ponders meeting status" by Gary Poliakoff (FloridaToday.com; two pages)
- "[Condo Residents] Can't Light Up" by David Roeder (Chicago Sun-Times; scroll down to second item) and "For Condo Associations, Smoking Ban Hits Home" by Pamela Dittmer McKuen (Chicago Tribune)
- "Homeowner Facing $12,000 Court Fees over $96.30 HOA Dues" by Bill Vogrin (The Gazette, Colorado Springs, Colo.)
- "Bank Says Man Can Stay in Condo, So Why Is He Kicked Out?" (WINK-TV / CBS, Fort Myers, Fla.)
- " ' Wet Pebble Stones' Lead to Fall, Lawsuit" against condo property manager, by Drew Smith (Houston Chronicle)
WebCitation archives:
"Rent" • "Must-have" • "Property Worth?" • "FIOS" • "Sussman" • "Rushmore" • "Oscar de la Renta" • "Meeting Status" • "Light Up" • "$96.30" • "Kicked Out" • "Wet Pebble"