Co-op / Condo News: Embezzlement, Lawsuits, and Bruce WIllis in 'Buy Hard'
April 1, 2013 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, police name an accomplice in the Penn South co-op embezzlement, and one Financial District condo board gets sued over cell-phone antennas while another hopes Denny's won't grand-slam into their luxury building. In other lawsuit news, a Murray Hill co-op board misses a deadline in a discrimination lawsuit. Note to self: Don't hire that lawyer. Plus, see how all the changes in the co-op / condo tax abatement play out with LLCs and trusts — trust us, you want to know. And Bruce Willis buys hard on the Upper West Side.
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...
- "Accomplice Stole $80K from Chelsea's Penn South Complex, Officials Say" by Mathew Katz (DNAInfo.com) See also: Habitat March 11, 2013 News Roundup
- "Privacy Will Cost You: Co-op and Condo Tax Abatement To Be Taken Away from LLCs and Trusts" by Kim Velsey (The New York Observer)
- "Tax-Abatement Changes Affect Many Unit Owners" by Michelle Higgins (The New York Times)
- "Denny's Restaurant Planned for Luxury Downtown Condo, Angering Residents" by Irene Plagianos (DNAInfo.com)
- "Cracks in a New Condo Unit" by Jay Romano (The New York Times; scroll to second item)
- "Bruce Willis Pays $8.8 M. for U2 Bassist Adam Clayton’s El Dorado Pad" by Stephen Jacob Smith (The New York Observer)
Co-op / Condo Board Issues...
- "Condo Board Slapped with $40M Suit over Verizon Antennas" by David McAfee (Law360.com)
- "African Buyer Demands Ruling in Co-op Race-Bias Suit" by Katherine Clarke by David Jones (TheRealDeal.com) See also: Habitat Oct. 29, 2012 News Roundup
- "An Introduction to New York's Short-Term Rental Laws" by Jessica Dailey (NY.Curbed.com)
- "An Absent Co-op Director" by Jay Romano (The New York Times; scroll to third item)
WebCitation archives:
Accomplice • Privacy • Tax-Abatement Changes • Denny's • Cracks • Bruce Willis • African Buyer • Short-Term Rental • Absent
Bruce Willis photo by Caroline Bonarde Ucci, licensed under Creative Commons Attribution 3.0 Unported