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Sleazy treasurer left Westchester Trump Tower a financial mess: suit (NY)

The other Trump Tower — in White Plains — is in financial trouble after the condominium discovered its longtime treasurer had been allegedly stealing cash for years, according to a lawsuit filing.  Frank Palazzolo, a real estate investor who was

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One in Five Condo Units Are Sold to Investors (NY)

There’s a long list of reasons why many co-op and condo boards frown on excessive sublets in their buildings. The reasons range from the physical wear-and-tear of people constantly moving in and out, to illegal sublets, to shareholders’ difficulty refinancing

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Trump Name Removed From Manhattan Condo Complex

Gold capital letters spelling the president-elect’s last name were removed from a high-rise condominium complex in Manhattan Wednesday after hundreds of people signed a petition to have the building drop the moniker.  Crews were seen removing the gold-blazoned name on

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Manhattan condo board attempting to force 9/11 museum to move entrance loses first round in court

A luxury condominium trying to force the 9/11 Tribute Center to move the entrance of its new museum to a side door lost its first round in court Monday.  Manhattan Supreme Court Justice Lucy Billings said construction can continue for

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Condo board at 88 Greenwich moves to stop 9/11 Tribute Center (NY)

The condo board at 88 Greenwich Street has filed suit against Thor Equities and the September 11th Families’ Association over a plan to bring the 9/11 Tribute Center to the building’s retail space.  The managers filed suit Thursday in New

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High-end condo residents sue over frigid temperatures, mold (NY)

Residents at a pricey Brooklyn condo building claim the developer is refusing to fix their drafty, leaking units — forcing them to wear hats and coats indoors while battling black mold, a lawsuit charges.  The six-floor, six-unit building at 48

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Condo Residents Locked Out of Their Own Parking Lot (NY)

All was not smooth sailing at the Sailmaker at City Island, a 34-unit, waterside condominium in the Bronx. Hurricane Sandy had lashed its 40-slip marina’s seawall, boathouse, docks, gangways and bridges. When the waters receded, the board belatedly discovered that

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Heroic Board Member Helps Rescue Distressed Bronx Co-op

Evelyn Gaviria had known for years that her 34-unit HDFC co-op in the Bronx was in financial trouble. But when she learned that the co-op was facing foreclosure, she decided to become a board member and fight to save her

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Why Are There Plastic Bags Around Crane Pond? (NY)

What are those large plastic bags around Crane Pond? We asked Assistant Village Manager Ingrid Richards for an update on this capitol improvement project in Crane Berkley and here is what she shared.  It turns out the pond and surrounding

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New Flood Zones Could Slash Insurance Premiums (NY)

Federal officials, responding to an appeal from Mayor Bill de Blasio, have agreed to redraw the city’s flood maps, which is likely to reduce or eliminate insurance premiums for thousands of buildings currently in flood zones, Crain’s reports.    Read

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A New Day at the Newport

When Carrie Feng moved into the Newport cooperative in Flushing, Queens, in 2004, she thought she had found the perfect home. For Feng, who had been renting in the area for several years after immigrating from China, the location was

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Trump had injured condo worker wait 9 years to collect payout (NY)

A 51-year-old brass polisher badly hurt in 2007 while working at a Trump condo on Manhattan’s East Side had to wait nine years to collect a payout for his injuries because the billionaire developer’s company waited too long to inform

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The Princely Payoff of Preventive Maintenance

The buildings were unique for being a high-density rental community in what was then considered the suburbs. In the 1980s, five of the six-story buildings converted to a single 120-unit cooperative; the other nine buildings, with two different owners, remain

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Manhattan designer says $800 fine for hanging peace sign in condo window is unconstitutional (NY)

Give peace another chance.  A Manhattan designer fined $800 by the city for hanging an illuminated peace sign in her window once again argued the regulation is unconstitutional.  Brigitte Vosse, 61, was hit with the hefty fine for placing the

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Owners of affordable Rockaway condos sue developer, architect for $210M (NY)

Owners of condominium units at a Rockaway apartment building are suing developer Briarwood Organization and AIA Architects for a combined $210 million over alleged construction defects.  Water’s Edge in Arverne, completed in 2009, is a city-financed condo development for low-

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Ira Glass’ filthy bedbug- and rodent-infested condo is making his neighbors’ ‘American Life’ miserable

Here’s something Ira Glass won’t be talking about.  The radio host is being sued by his condo board over an infestation of bedbugs in his Chelsea home.  The board of managers at the stable-turned-luxury apartment complex say the “This American

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Blaze destroys condos in Bardonia (NY)

Multiple units in the condo complex appear to be damaged in the fire.  Route 304 is closed between Germonds and Bardonia roads as firefighters from Central Nyack, Pearl River, West Nyack, Suffern, Orangetown, New City, Spring Valley, Hillcrest and Nanuet

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5 months after condo fire, Graniteville residents still displaced (NY)

The residents of six homes on Ada Drive in Graniteville were displaced by a fire nearly five months ago.  They expected to be home by now, but say they are growing frustrated with the Cypress Crest Condominiums management firm over

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The latest condo amenity? A charging station for your Tesla (NY)

Forget swimming pools, rooftop terraces, porte cochères and even helicopter landing pads. The latest amenity at high-end apartment buildings in the U.S.? Charging stations for electric vehicles.  Developers are betting on the electric-car market taking off and, as a result,

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New Midtown East luxury building is falling apart, lawsuit alleges (NY)

New York City has no shortage of shady landlords, but shoddy materials and deferred maintenance are less common issues in the city’s many luxury developments. According to the New York Post, residents of the recently-built Alexander on 250 East 49th

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Valley Cottage condo complex uproots vegetable garden (NY)

A Rockland mother says her Earth Day project turned out to be a lesson in disappointment.  Peggy Prisciotta planted a vegetable garden with her kids at Mountainview Condominium Complex in Valley Cottage where she lives.  Somehow her garden turned into

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The Pokemon Go Craze: Is the Game App Driving Your Co-op or Condo Crazy?

Pokemon Go has taken America by storm.  But if you’re perhaps one of the few people who haven’t heard yet about the popular video game app that has been in the news recently, here’s a refresher: Pokemon Go lets smartphone

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Another Civil War Erupts Over a Lack of Transparency

If there’s one word that can spark a fire-fight inside a co-op, surely that word is “transparency.” We told you in our June issue about a highly uncivil war – and legal battle – that has broken out in the

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Mysterious Fires Plague Williamsburg Condo Building Owned By Trump’s Son-In-Law

Residents of a high-priced apartment building in Williamsburg are gripped with paranoia following a series of mysterious fires that management is blaming on a resident pyromaniac. The block-long rental building, 184 Kent Avenue, is a century-old warehouse that Jared Kushner,

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Neighbors: ‘Zombie’ condominiums also a drain (NY)

You’ve all probably heard by now about abandoned “zombie” homes.  Similar issues involving abandoned condominiums are less widely known — but can be just as troublesome for neighbors.  “It’s been a huge problem, much more than people realize,” said Southeast

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NY: Are More Than Half of the City’s Sublets Illegal?

Last week we reported on new tech tools that help keep illegal subletters out of your co-op or condo. Today we tell you why: A new report issued by Share Better claims that more than 28,000 Airbnb listings – slightly

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TAX WATCH: Trump Tower (condo) garage deal skirts law (NY)

State law prohibits municipalities from separately taxing the common area of a condominium, which avoids double taxation on property owned by condo dwellers.  But, over the past eight years, owners at Trump Tower Condominium at City Center in White Plains

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(Un)Civil War Continues at Seward Park

When the Seward Park co-op board announced a plan to convert the Lower East Side property’s 388-space garage and parking deck from park-and-lock to valet service – a move designed to shorten the waiting list for spaces while generating $200,000

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Homeowners Association Begins New Round of Coyote Trapping (NY)

The Chappaqua community that had trappers catch and kill a coyote–after one attacked a pet–has authorized another round of trapping, the Examiner reported.  The Random Farms Homeowners Association made a second agreement with the U.S. Department of Agriculture,   Read the

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Hook-up culture! Tesla courting condo developers to include car chargers

Electric car maker Tesla Motors, which opened a showroom in Red Hook in March, is racing to fill Brooklyn with charging stations so borough drivers will buy its cars. The company recently put nearly 70 jacks in Manhattan parking garages

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Water Torture Ends, Temporarily, for Co-ops and Condos (NY)

A Manhattan judge has temporarily blocked the city Water Board from raising rates and giving preferential treatment to owners of one-, two-, and three-family homes, while penalizing co-ops and condominiums, the Daily News reports.   Read the article………….

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Major Legal Win for Condo Boards (NY)

In a ruling that could have major consequences for condo boards across the city, the Appellate Division has upheld an earlier State Supreme Court ruling that a sponsor/developer can be held liable for breach of contract and its principals can

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Neighborhood divided: Locals at odds over proposed homeowners association (NY)

Call it a homeowners dissociation!  Residents of Sheepshead Bay’s courts are split whether to form a homeowners association to pay for needed repairs to their private streets. The city’s Sandy-recovery program Build It Back is offering to fix up their

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Inferno Roars Through Long Island Condo, Displacing 6 Families

A building inside a Long Island condominium complex went up in flames early Monday, the heat of the inferno so intense it melted the siding on a neighboring building.    Read the article………….

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Rivington House Deed Scandal Inspires New Legislation (NY)

As the scandal surrounding Rivington House and the city’s alleged mishandling of the property deepens, local politicians on Wednesday introduced new legislation that would increase transparency around properties saddled with deed restrictions.   Read the article……………

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Dakota Co-op Board Gets the Last Bitter Laugh (NY)

Alphonse Fletcher Jr., a former president of the co-op board at the legendary Dakota on Central Park West, has been ordered by the courts to put his seven-room apartment with treetop views on the market for $12.5 million, the Wall

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NYPD employee accused of stealing $350K from condo association

A 50-year-old NYPD employee was busted Wednesday for ripping off his condominium association in Staten Island, police sources said.  Dan Juliano was arrested at about 6:45 a.m. and charged with grand larceny for stealing $350,000, police sources said.     Read

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Thousands of bees swarm Bronx condo complex (NY)

Residents in Morrisania say they are breathing easier Wednesday after the NYPD dismantled a swarm of bees in the area.  Officials say tens of thousands of bees made the parking lot of the Nehemiah Condominiums their home.      Read

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Fire at Hyde Park (NY) condo complex displaces up to 50 people

A fire at a condominium complex Wednesday on Hook Road damaged three buildings and dozens of units within them and displaced as many as 50 people, according to a town police official.   Read the article…………

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Judge rules Chelsea (NY) condo developers liable for board’s claims

The condominium board for the Modern 23 residential building in Chelsea received a boost in its legal battle against the property’s developers. A judge ruled last week that the board may hold the developer LLC’s individual principals liable for breach

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Fire Tears Through Medford Condos on Long Island (NY)

At least a dozen residents were left homeless by a large fire that tore through a Medford condo complex.  The fire broke out on the second floor of building, at the Blue Ridge Condominiums complex, at around 11:45 p.m. Thursday.

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Happy 100th Birthday, Co-ops!

In 1916, the nation’s first nonprofit housing cooperative was born in Brooklyn.  A century ago, Finnish immigrants banded together in the Sunset Park section of Brooklyn to address an acute housing shortage. Sixteen families formed the Finnish Home Building Association,

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Condominium, owners file suit for Tappan Zee Bridge compensation

A waterfront condominium complex and more than 70 owners are looking for roughly $5 million in compensation for the sliver of land taken by the state through eminent domain to build the new Tappan Zee Bridge.     Read the article………

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Parkchester South Condo owners sue management (NY)

Assemblyman Luis Sepúlveda and Senator Ruben Diaz, Sr. filed a lawsuit in Bronx Supreme Court on Wednesday, March 23 against Parkchester South Condominium’s management regarding the recent imposition of a 15.19% maintenance fee increase for PSC owners.  Read the article…………..

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Park Slope Condo (NY) Where Wind Toppled Roof Has History of Safety Violations

The Fourth Avenue luxury condo construction site where high winds blew down part of the roof Sunday has racked up nearly 20 serious safety violations since 2014 — and city inspectors ordered work halted a month ago, city records show.

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Madonna Targets Condo Bosses Over Kids Rule

The rules of residence make it clear that kids can only live in the condo block if their parents are there with them, but Madonna claims the guidelines were put in place years after she signed the lease.     Read

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Stoner tenant is smoking out Central Park West condo: lawsuit

The address is 400 but board members of this Central Park West condo say it might as well be ‘420’ — code for marijuana smoking — as one resident’s chronic habit is making the apartment building reek.     Read the

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BK Heights (NY) condo board sues Magic Johnson’s firm over alleged building defects

The condominium board at 20 Henry Street is suing Magic Johnson’s development firm Canyon Johnson Urban Funds and its joint-venture partners for alleged defects at the building.   Read the article…………

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NYC Finally Has Its Own CAI Chapter

Concerted efforts by a group of industry professionals are about to bear fruit, as a Big Apple Chapter nears certification by the international Community Associations Institute (CAI). The new chapter—representing condominiums, cooperatives, and homeowners associations in Manhattan, Brooklyn, Queens, The

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Atelier (NY) Residents Seek $100M For Obscured Access to Amenities

Appalled by the great inconvenience of walking, residents of Moinian’s West 42nd Street condo Atelier have filed a lawsuit against the developer over obscured access to the building’s swimming pool and health club. The lawsuit alleges that the developer is

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