Co-op / Condo News: Board Prez Gone Bad, Foreclosures and One Big Lizard
New York, NY, Jan. 31, 2011 — Recent news for co-op boards and condo associations.
Anyone here live in the co-op at 242 South 2nd Street in Williamsburg, Brooklyn? If so, you'll be happy to learn that it's not your current board president facing 25 years in prison for trying to steal back his former apartment. Plus: They're flying flags in West Virginia, packing heat in Arizona, and in the City of Big Shoulders, those shoulders are getting bitten by bed bugs. Hey, it's better than the five-foot monitor lizards some boards have to put up with! As for buyers and sellers, we talk terraces, doormen, online condo plans and nutty neighbors this week. Something for everyone.
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.
- "Former W'burg Co-op Prez Faces 25 Years in Prison for $1.6M Mortgage Scheme" by Amy Tennery (TheRealDeal.com) and "Former Co-op Board President Guilty of Stealing his Former Apartment Building" (EmpireStateNews.net)
- "Viewing Both Sides of the Foreclosure Debate – Homeowner vs. Association" (Ryan Poliakoff on Condo & HOA Living blog)
- "Combining Individual Co-op Gas Meters into One Meter. Mistake?" (Brownstoner.com forum)
- "Transferring Shares to an Adult Child / Setting Condo Fees in a New Development" by Jay Romano (The New York Times)
Buying, Selling, Living...
- "Our Condo Neighbor Is Driving Us Nuts" by Cary Tennis (Salon.com)
- "Then & Now: I still love my terrace. The layout & maintenance fees? Not so much" by "Amy" as told to Kelly Kreth (BrickUnderground.com)
- "When Bigger Isn't Better: Purchasing in a Small Co-op or Condo" by Ron Gitter (Huffington Post)
- "When Seeking a Doorman Building, Look for a Condo" by Malcolm Carter (Service You Can Trust blog)
- "Condo Plans Go Online, Easing a Burden" by Alison Gregor (The New York Times). See also Habitat article "Condo Offering Plans & Co-op Prospectuses Go Digital. It's About Time"
Board Issues from Around the Country...
- "House GOP Freshmen Push for Flag Display Legislation" by Mannix Porterfield (The Register-Herald, Beckley, WV)
- "Mesa HOA Meeting Canceled After 'Third-Hand' Threat [of Armed Attendee]" by Art Thomason and Allison Oswalt (The Arizona Republic, Phoenix, AZ)
- "Don't Let the Bedbugs Bite Your Association" by Pamela Dittmer McKuen (Chicago Tribune)
- "Huge, 'Godzilla-like' Monitor Lizard Spotted at California Condo" by Eoin O'Carroll (The Christian Science Monitor)
- "Recall Election Aims To Oust Board" (KRCA-TV, Los Angeles, CA)
- "Condo Residents Still Displaced, Awaiting Repairs" by Jennifer Johnson (Herald-Advocate, Park Ridge, IL)
WebCitation archives:
"25 Years in Prison" • "Guilty of Stealing" • "Foreclosure" • "Gas Meters" • "Transferring Shares"• "Driving Us Nuts" • "Then & Now" • "When Bigger" • "Doorman" • "Condo Plans" • "House GOP" • "Mesa Meeting" • "Bedbugs" • "Monitor Lizard" • "Recall" • "Displaced"