Last week we reported on a sticky situation in Brooklyn. After a devastating fire in 2019, more than three-quarters of the 54 unit-owners in a Sunset Park condominium voted not to restore the building, which cleared the way for all unit-owners to split the proceeds of a building sale and any payouts from the condo’s insurance policies. Since then a group of unit-owners has sued the condo board for breach of contract, claiming its $8.2 million in property insurance was inadequate. Read the entire article……………………………….
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