Co-op / Condo News: No Smoking on CPW, Tax-Abatement Trouble, More
July 23, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, a Central Park West co-op is fired up to evict a smoker, a Queens condo sets an asking-price record, and those maligned old white-brick apartment houses go high-end. Speaking of big houses, Peter Madoff's co-op is up for sale before he gets locked up in the big house. And for co-op and condo boards, we've bad news on the tax abatement bill, and the Dakota discrimination case has some bad fallout for boards. Plus: A lawyer tells us the seven biggest surprises for rookie board members.
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 Buying, Selling, Living...
- "El Dorado Co-op Wants to Evict 'Smoking' Trust-Fund Transsexual Stinking Up Swank CPW Complex" by Dareh Gregorian (New York Post)
- "Ask an Expert: Can I Get Pre-approved [by a Co-op Board] for a Washer-Dryer?" by Teri Karush Rogers (BrickUnderground.com)
- "An Estate Can’t Get Co-op Sale Approved" by Jay Romano (The New York Times)
- "More High-End Condos Come to White Brick Buildings" by Christopher Cameron (TheRealDeal.com) and "The Revenge of the White-Brick Apartment" by Josh Barbanel (The Wall Street Journal)
- "Queens' Most Expensive Condo Hits the Market for $3.25 Million" by Clare Trapasso (New York Daily News)
- "[Peter] Madoff Co-op Up for Sale" as Bernie Madoff's younger brother prepares to begin prison sentence, by Josh Barbanel (The Wall Street Journal)
Co-op / Condo Board Issues...
- "Draft Tax Abatement Bill Reduces Past Decreases" by Malcolm Carter (Service You Can Trust blog)
- "Famed NYC Building's Board Faces Bias Claims" by Joseph Ax (Reuters) and "Co-op Directors Can Be Liable for Race Bias, New York Appeals Court Rules" by Debra Cassens Weiss (ABA Journal); subsequently
- "Condo, Co-op Boards Face Bigger Risks" by Josh Barbanel and Steve Eder (The Wall Street Journal)
- "The 7 Biggest Surprises for Rookie Board Members" by Dean M. Roberts (BrickUnderground.com)
WebCitation archives:
El Dorado • Pre-approved • Estate • White Brick Buildings • White-Brick Apartment • Most Expensive • Peter Madoff • Bias Claims • Race Bias • Risks • Surprises