Co-op / Condo News: Ombudsman Bills in NY & Conn., Bad Dogs, Fraud, More
New York, NY, May 2, 2011 — Recent news for your co-op board or condo association.
Bad boards, bad dogs, what'cha gonna do? Well, we can tell you what people are doing. Plus: a bill to limit co-op/condo tax hikes, new-construction woes, condo fraud in the heartand and tips for buying in land-lease buildings ... which is not the case with John Madden's apartment at The Dakota, now on sale for just $4.9 million!
Read all the latest co-op board, condo board and co-op / condo buyer 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.
- "Board to Death: As Co-ops Swagger Back from the Brink, Brooklyn Pols Plot Their Demise" by Matt Chaban (The New York Observer)
- State Sen. Toby Ann Stavisky's S4283 "Bill Seeks to Change Cooperative Classification" by Jessica Lyons (The Queens Courier)
- "Refinancings Plummeted in Minority Areas" by Benjamin J. Spencer (Crain's New York Business)
- "Civility on the Way Out? Add Dogs to That List" by Bob Morris (The New York Times)
- "Albis' Condo [Ombudsman] Bill Heading to House Floor" by Sharon Bass (East Haven Patch, Conn.)
- "Penn South Votes Yes on Financing Deal," to keep itself a limited-equity co-op, by Cara Buckley (The New York Times)
Buying and Selling...
- "Ask an Expert: Carving a neighbor out of the listing agreement" by Teri Karush Rogers (BrickUnderground.com)
- "The High Road: Seller scofflaws walk free" by Malcolm Carter (Service You Can Trust blog)
- "Does anyone have experience of buying or living in a small condo building (6 units)?" (StreetEasy.com forum)
- "Repairing New [Condo] Construction" by Ronald H. Gitter (CoopAndCondo.com)
- "Land Lease Buildings Can Offer Hidden Pros" by Jill Urban (NY1 News)
- "Madden Kicks Off Hunt for Buyer" of Dakota co-op by Josh Barbanel (The Wall Street Journal)
Board Issues from Around the Country...
- "Franklin Police Probe Suspected Condo Association Fraud" by Gitte Laasby (Journal Sentinel, Milwaukee, Wisc.)
- "Catalina Isles: City Hopes to Work on Condos' [Hundreds of Code Violations and Other] Woes Tonight" by Dan Tracy (Orlando Sentinel, Fla.)
- "Not Looking Like Paradise for Some Naples Condo Owners" by Julie Salomone (WFTX-TV, Cape Coral, Fla.)
- "Woman Sues Kemah Condos after Fall on Stairs" by John Suayan (The Southeast Texas Record)
- "[Maryland] Legislature Passes Measure Authorizing Condominiums to Require Unit Owner Insurance" by Raymond D. Burke (Maryland Condo Law Blog)
WebCitation archives:
"Board to Death" • "Bill Seeks" • "Refinancings" • "Dogs" • "Albis' Condo Bill"• "Penn South" • "Listing Agreement" • "Scofflaws" • "Small Condo" • "Repairing" • "Land Lease" • "Madden" • • "Franklin" • "Catalina Isles" • "Naples" • "Kemah" • "Insurance"