Co-op / Condo News: Albany Pressured on Tax Abatement; Bad Retailers; More
Jan. 21, 2013 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week, we're still waiting for the New York State legislature to keep its commitment to renew the tax abatement that tries to equalize co-op / condo property taxes with those of single-family homes and townhouses. Plus, experts advise you on preparing your co-op admission package, on upping your credit score and on not rushing into a mortgage. For condo and co-op boards we've expert advise on the best and worst types of commercial tenants you can have in your building. And for Coen heads, we've word on Ethan's apartment
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...
- "Albany Under Pressure to Renew Condo & Co-op Tax Break" by Ilya Marritz (WNYC)
- "How (Not) to Prepare a Co-op Board Package" by Elle Bee (BrickUnderground.com)
- "He Who Assumes a [New York State] Real Estate Broker Is Not Entitled to a Commission May Learn a Costly Lesson" by John A. Viteritti (Hamptons.com)
- "Rushing Into a Mortgage Can Be Costly" by Paul Sullivan (The New York Times)
- "14 Ways You Can Help or Hurt Your Credit Score" by Malcolm Carter (Service You Can Trust blog)
- "Coen Brother Lists Greenwich Village Co-op for $2.34M" by Jessica Dailey (NY.Curbed.com)
Co-op / Condo Board Issues...
- "Ask an Expert: What are the best & worst businesses for the retail space beneath our co-op building?" by Teri Karush Rogers (BrickUnderground.com)
- "Co-op Residents Turned Down for Sandy Grants Baffled by FEMA’s Reasoning" (CBS/2 New York) Note: Article incorrectly suggests co-op shareholders cannot obtain FEMA grants. This is incorrect. Only co-op associations are ineligible.
- "Centerline Capital Group Refinances a Cooperative Multifamily Property in New York City" (press release via MarketWatch.com)
WebCitation archives:
Albany • How (Not) • He Who Assumes • Rushing • 14 Ways • Coen Brother • Ask an Expert • Sandy Grants • Centerline