Co-op / Condo News: Board v. Wheelchair Guy, New Rules & Regs, More
New York, NY, Jan. 3, 2011 — Recent news for co-op boards and condo associations.
Extra! Extra! Read all about it! Maintenance fees continue to rise! So says The New York Times. In other news for co-op board members and condo directors, we get a year-end roundup of new state and city rules and regs, the story of a co-op the city condemned, and, in ever-exciting, Co-op City, we find one more board more ready to spend money on legal fees than to spend less money to make a door handicapped-accessible. Here's a PR tip: Your building doesn't look good when you fight disabled war veterans! In wheelchairs, yet! It's not strangling puppies, but it's close.
For buyers and sellers, we've advise on suing sponsors, a clear explanation of the new law regarding real-estate broker disclosures, some word on a bargain condo, and the apartment amenity that could add five grand to your asking price. What is it? Find out!
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.
- "Looking Back at 2010: Ever-rising Maintenance Fees" by Vivian S. Toy (The New York Times)
- "Co-ops, Pols Fear Prospect of New Rules" about pets, flip taxes and more, by Sarah J. Halliday (The Riverdale Press)
- "Handicapped Man John Rose Fighting Co-op City over Poor Door Access" by Daniel Beekman (New York Daily News)
- "New Group Is Working to Get SPURA [Seward Park Urban Renewal Area] Out of Park, into Gear," involving present and former members of Seward Park co-op board, by Lincoln Anderson (The Villager)
- "Co-op Tenants Allowed to Return Home: City says necessary repairs are made to condemned building" by Anthony Rifilato (LIHerald.com)
- "No Vacancy: Why Empty Condos Aren't Becoming Affordable Housing" by Diana Scholl (City Limits)
Buying and Selling...
- "Ask an Expert: Is it too late to sue my [condo] sponsor?" by Teri Karush Rogers (BrickUnderground.com)
- "Broker Talk New York: Understanding Dual Agency," on new law changing how brokers that sell co-ops and condos in New York disclose their agency relationships, by Ronald H. Gitter (CoopAndCondo.com)
- "House Appraisals Under Fire Computerized Models Are Assailed as Inaccurate" by M.P.McQueen (The Wall Street Journal)
- "3,200-SF Superior Ink Condo Goes for $260K" or just $80 a square foot, by Sarabeth Sanders (TheRealDeal.com)
- "Manhattan Status Symbols: Washers and Dryers" in apartments, by C.J.Hughes (The New York Times)
WebCitation archives:
"Maintenance Fees" • "New Rules" • "Co-op City" • "SPURA" • "Allowed Home" • "No Vacancy" • "Sue Sponsor" • "Broker Talk" • "Appraisals" • "Superior Ink" • "Washers"