Co-op / Condo News: Co-op Board Prez Who Cut Line Wins on Technicality
April 21, 2014 — Recent news affecting co-op / condo buyers, sellers, boards and residents. This week: Seriously? Mark Andermanis, board president of the subsidized Mitchell-Lama co-op East Midtown Plaza, jumps ahead of others to score a four-bedroom apartment — reserved for families of six, which, additionally, he does not have — and when he won't budge, an alert shareholder sues him. But he gets to keep the primo place because the shareholder doesn't have standing to sue ... and while the co-op board, perhaps, could, here's the thing: He's the co-op board president! Does this sound proper or right to anyone ethical? The good guys do win one, though, when a developer who refused to fix a Long Island condominium complex is permanently barred from selling condos. That's something, at least.
And then there's another reason for condo and co/op boards to be wary of Airbnb....
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...
- "Family Can Keep Apartment Despite Error, Panel Finds" by Brendan Pierson (New York Law Journal; subscription required) and "Co-op President Dodges Suit Over Kips Bay Apartment" by Angela Hunt (TheRealDeal.com). See also: Co-op / Condo News Roundup March 17, 2014
- "Judge Permanently Bans Developer from Selling Condos" by David Jones (TheRealDeal.com)
- "Hookers Turning Airbnb Apartments into Brothels" by Dana Sauchelli abd Bruce Golding (New York Post)
- "Can I Get Kicked Out of My Co-op for Living There Part-Time?" by Leigh Kamping-Carder (BrickUnderground.com)
- "No Standing [Signs] for Everyone / [Condominium] Dog Eviction" by Ronda Kaysen (The New York Times)
- "Choosing the Best Offer in a Multiple Bidding Situation" by Brad Malow (Epoch Times)
- "NYU CUSP, Related Companies and Oxford Properties Group Team Up to Create 'First Quantified Community' in the United States at Hudson Yards" (New York University Center for Urban Science + Progress press release) and "The Latest Perk of Your New York Luxury Condo: Sensors, Sensors Everywhere" by Jordan Novet (VentureBeat.com)
Co-op / Condo Board Issues...
- "Now, Co-op Board Is Suing Over Water Leaks at The Majestic" by David Jones (TheRealDeal.com) 115 CPW
- "Crystal [Window & Door System] Supplies Massive Queens Window Replacement Project" (Western Queens Gazette)
- Iconic [Hotel / Co-op] Sherry-Netherland Debuts Lobby Mural Painted in 1927 but Lost to Decades of Paint and Plaster" by Beth Stebner (New York Daily News)
WebCitation archives:
Family Can Keep • Co-op President • Judge...Bans • Airbnb • Kicked Out • No Standing / Dog Eviction • Multiple Bidding • NYU CUSP • Latest Perk • Water Leaks • Crystal Window • Sherry-Netherland