Co-op / Condo News: Illegal Hotels, Cool Construction Netting, John Legend, More
Aug. 13, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, what can co-op and condo boards do about the illegal hotel one of the residents is running? Plus, we show you the the coolest construction netting in the world, and a resource for your own urban canvas when a netting need arises. And mother of mercy, is this the start of RICO? For co-op / condo buyers / sellers, a lawyer says what your lawyer should do for you when you buy or sell. And John Legend is selling his Bowery condo in order to buy on Broome.
Read all the latest co-op /condo 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.
Co-op / Condo Board Issues...
- "Illegal Hotels Survive Crackdown, Some Say" by Irina Ivanova (CityLimits.org)
- "'Yellow Trees' Growing: Reproduction of Artwork Will Cover a Condo Construction Site in Manhattan" by Laura Kusisto (The Wall Street Journal)
- "Beacon Dark: RICO Suit [by Condo Board] Slams Faulty Tower" by Lois Weiss (New York Post). See also Habitat article "Shoddy & Dangerous New Construction: Brand-New Boards Fight Back"
Co-op / Condo Buying, Selling, Living...
- "Here Are 7 Things Your Lawyer Should Do for You When You Buy a Co-op or Condo in NYC" by Karen S. Sonn, Esp. (BrickUnderground.com)
- "Keep the Buyer or Seller from Hell Away From a Home Closing" by Jill Urban (NY1 News)
- "Affordable Housing Options for the Average NYer" by Lucy Cohen Blatter (amNY)
- "NYU, Affordable Co-op Reach Deal on Long-Term Lease" by Lincoln Anderson (The Villager)
- "Congress Weighs Mortgage Relief Extension" by Kenneth R. Harney (TheRealDeal.com)
- "250 Park View Condos Debut" (Harlem Bespoke blog)
- "Plans to Combine Condo Units / Co-op Tenant Receives a Maintenance Bill" by Jay Romano (The New York Times)
- "Livin’ Legend," on John Legend's New York condo sale and condo purchase, by Jennifer Gould Keil (New York Post)
WebCitation archives:
Illegal Hotels • Yellow Trees • Beacon • 7 Things • Home Closing (scroll down to story) • Affordable Housing • NYU, Affordable Co-op • Mortgage Relief • 250 Park View • Plans / Co-op Tenant • John Legend