Co-op / Condo News: Short-Term Rentals, Long-Term Woes and More
Oct. 1, 2012 — Recent news affecting co-op / condo buyers, sellers, boards and residents. More trouble for those involved in illegal short-term rentals, with a major real-estate agent involved. Plus, advice for dealing with co-op board rejection, how to gracefully decline writing a recommendation letter, second-class citizenship at luxury condos, and co-op capers with beer heiress Daphne Guinness and Academy Award-nominee Jessica Chastain (at right). And for co-op / condo boards, we've analyses of Fletcher v. Dakota and of the easing of FHA condo rules.
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...
- "Rent Your Apt as a Hotel and Your Broker Could Be Out of a Job" by Ronda Kaysen (BrickUnderground.com) and "Corcoran Broker Alleged She Was Banned from Selling at The Link" by David Jones (TheRealDeal.com)
- "Dear Ms. Demeanor: My (difficult) co-worker asked for a board recommendation. What should I do?" by Jamie Lauren Sutton (BrickUnderground.com)
- "It's Not Easy for Anyone to Accept [Co-op Board] Rejection" by Malcolm Carter (Service You Can Trust blog)
- "Daphne Guinness to Pay Damages [to Downstairs Co-op Apartment] for Overflowing Bathtub, Won't Pay $1M for 'Emotional Distress'" by Dareh Gregorian (New York Post)
- "Ask an Expert: Is it normal to treat luxury condo renters like third-class citizens?" by Teri Karush Rogers (BrickUnderground.com)
- "Market Ready: 'I don’t have a dishwasher. Should I install one before selling my apartment?'" by Tim McKeough (The New York Times)
- "Jessica Chastain Buys Greenwich Village Co-op" by Katherine Clarke (TheRealDeal.com)
Co-op / Condo Board Issues...
- "Should Co-op Boards Be on Alert Following the Ruling In Fletcher v. Dakota?" by Stuart Saft (MR Management)
- "Real Estate Industry Welcomes Changes to FHA Condo Rules: Investor ownership limit upped, legal liabilities for boards reduced" by Ken Harney (Inman News)
WebCitation archives:
Hotel • Corcoran • Ms. Demeanor • Rejection • Daphne Guinness • Ask an Expert • Dishwasher • Jessica Chastain • Fletcher v. Dakota • Welcomes Changes
Photo by gdgraphics under the Creative Commons Attribution-Share Alike 3.0 Unported license.