Co-op / Condo News: Stucco on You, Fund Thefts, Calls for Regs, More
New York, NY, Aug. 15, 2011 — Recent news for your co-op board or condo association.
From North Boston to North Carolina, rich and middle-class alike are calling for tougher rules for co-op / condo boards and homeowners associations. And when you see the backyard play-set story, you might, too. A property manager admits stealing condo funds, and an accountant pleads not guilty to similar. For co-op / condo buyers and sellers, we've news of new incentives and a new listings service. Plus: Is your doorman high? Should he be?
Read all the latest co-op / co-op news for buyers, sellers and board members 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.
- "Op-Ed: The Spurned Neighbor's Vendetta" leading to calls for co-op admissions regulations, by Jeff Jacoby (The Boston Globe)
- "Stucco Blues: How One Condominium Deals With a Construction Emergency, Part 2" (Ryan Poliakoff on Condo & HOA Living blog)
- "Effects of Foreclosure on [Co-op] Loan Co-Signer / Accommodating Disabled Residents [at a Co-op]" by Jay Romano (The New York Times)
- "Forest Hills Co-op Manager Pushes Clean Oil to Owners" by Joe Anuta (YourNabe.com)
Buying and Selling...
- "A Doorman Speaks: Working under the influence" (BrickUnderground.com)
- "Deadbeat Condo Developers Leave Brooklyn Pastor, Wife Out in the Cold After Project Shut-Down" by Jake Pearson (New York Daily News)
- "Buy This Apartment, and Get a Used Car Absolutely Free!" Diane Cardwell (The New York Times)
- "Private 'MLS' [Multiple Listing Service] Permits Statewide Property Search" by Malcolm Carter (Service You Can Trust blog)
Board Issues from Around the Country...
- "[Condo Property Manager] Took Money to Repay Another Theft" by Christine Cullen (Ocean City Today, Md.)
- "$800K Worcester Theft Trial Extended" for accountant accused of stealing condo funds, by Scott Muska (DelmarvaNow.com, Mid-Atlantic Seaboard)
- "Debate Looms over the Power of [Boards]" by Kay Johnson (WBTV, Charlotte, N.C.) and "Local Man Wants to Limit HOAs' Powers" by Mark Zenow (The Herald Weekly, Huntersville, N.C.)
- "A Bitter Battle: [Board] vs. The Backyard Play Set" by Michelle Woo (OC Weekly, Orange County, Calif.) and "Neighbors Battle Over Swing Set" by Jinah Kim and Rachel Montano (KNBC-TV, Los Angeles, Calif.)
- "Lemonade Stand Now Open Despite Concerns from the HOA" by Loni Blandford KTNV-TV (Las Vegas, Nev.)
WebCitation Archives:
"Spurned" • "Stucco" • "Foreclosure / Disabled"• "Forest Hills" • "Doorman" • "Deadbeat" • "Used Car" • "MLS" • "Another Theft" • "$800K" • "Debate" • "Limit Powers" • "Bitter Battle" • "Neighbors Battle" • "Lemonade"