Co-op / Condo News: Embezzlement! Money Laundering! Murder! And More!
April 15, 2013 — Recent news affecting co-op / condo buyers, sellers, boards and residents. Quite the tabloid week this week, as police tell more about the Penn South embezzlement, as international money-laundering sends a Chelsea condominium apartment into auction, and as a suspect is arrested in a Co-op City killing. Plus, a bathroom may block views, a "maintenance-free" co-op and are Manhattan apartment prices up or down?
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...
- "Cops: Co-op Building Worker Looted $180K from Complex Treasury by Cutting Checks to Himself" by Thomas Tracy (New York Daily News)
- "[Oceana Condominiums'] Bathroom Battle during Boardwalk Rebuilding Effort after Sandy" by Ellyn Marks (WPIX)
- "Money-Laundering Scandal Puts Condo on Block" by Malcolm Carter (Service You Can Trust blog)
- "Manhattan Apartment Prices Climb as Home Inventory Drops" by Oshrat Carmiel (Bloomberg.com) and "Average Manhattan Apartment Sale Price Down 16 Percent in Q1" (RealtyToday.com)
- "Is Your Hometown A Place To Grow Old? Mine Is," on an Upper East Side co-op's seniors-friendly changes, by Donna Sapolin (HuffingtonPost.com)
- "Ask an Expert: Does our co-op's 80% carpet rule apply to the renters upstairs?" by Teri Karush Rogers (BrickUnderground.com)
- "William Bigaud Arrested in Fatal Bronx Co-Op City Shooting: Cops" by Thomas Tracy (New York Daily News)
Co-op / Condo Board Issues...
- "The Treasure Trove on the Ground Floor," on "maintenance-free" co-ops, by Julie Satlow (The New York Times)
- "Person-to-Person Sharing Explodes," including with a Brooklynite making a living renting out a room in his condo, by Isolde Raftery (NBC News)
- "A Queens Borough President’s Co-op and Condo Task Force Is on Its Way" by Warren Schreiber (Queens Tribune letter-to-the-editor)
- "Controversy Brewing at Forest Hills Inn [Co-op]" by Michael Perlman (Queens Ledger)
- "NCB arranges $51 million for 17 New York area properties" (National Cooperative Bank press release via New York Real Estate Journal)
WebCitation archives:
Cops • Bathroom • Money-Laundering • Manhattan Apartment Prices • Average Manhattan Apartment • Hometown • Ask an Expert • William Bigaud • Treasure Trove • Person-to-Person • Queens Borough • Controversy • NCB