A condominium board can compel an owner to sell his Columbus Circle apartment to a neighbor instead of a preferred outside buyer, thanks to a common provision in condo bylaws, a state judge has ruled.
Condo board suit over gym lease goes to court
The landlord of a Tribeca condominium building blocked from leasing space to Crunch Gym is heading to court next week to fight a temporary restraining order brought by the building’s board of managers. Read more…….
Rothschild ex-mistress, love child battling condo board in $6 million suit
The ex-mistress of Baron de Rothschild and her illegitimate socialite daughter are locked in a bitter $6 million legal battle with their luxury condo over their family trees, according to a lawsuit filed Friday. The mother-and-daughter duo bought two penthouse apartments for $12.9 million in 2006 in upscale Turtle Bay on East 53rd St., and […]
No legal fallout from Bay Beach (NY) condo cancellation
The sudden cancellation leaves the town holding a bill for hundreds of thousands of dollars, spent on a project that never saw the light of day. On legal expenses alone, the town spent more than $300,000 to defend the project at the Ontario Municipal Board and a number of other court challenges. According to the […]
Avella plans attack on new developers (NY)
Avella is introducing legislation in Albany that would require homeowners whose properties are restricted by covenants to register their homes with the Department of Buildings, which in turn would have to review deed registries prior to issuing building permits Read more…….
HABITAT Holiday Special: Christmas Carols for Co-op / Condo Board Members
Few things signal the holidays so much as Christmas carols and other songs of the season. As Christmas Eve falls upon us and we prepare to spend time at home and hearth with friends, family and maybe a wee dram of eggnog with a little something in it to ward off the chill, let us […]
Harlem (NY) developers blocked from condo sales, ordered to deposit $3.2M
Two developers and a lawyer involved with the 68-unit Mirada condominiums in Harlem have been temporarily banned from developing apartments in the state and ordered to set aside $3.2 million, pending a court case over alleged defects at the project, a spokesperson for New York State Attorney General Eric Schneiderman told The Real Deal. […]
Esopus board wants to meet with housing developer over drainage issues
The Esopus Town Board wants to meet with the developer of the proposed Meadows at Esopus subdivision regarding a drainage district for 25 houses. Town Supervisor John Coutant said during a board meeting this week that town officials would prefer drainage matters be addressed by a homeowners’ association. Read more……..
Furnishing Buyer Information to Condominium Boards
Q. A recent article in The New York Times (“Hurdles for Condo Buyers,” by Lisa Prevost, Oct. 3) noted that some condominium boards use the right of first refusal to “screen” buyers, much the way co-op boards do. My question is more basic: what if a buyer and a seller simply refuse to furnish the […]
Condo Says Insurance Agent Procured Inadequate Flood Coverage; Demands $180,000 (NY)
The owner of a New York condominium has sued its insurance agent for more than $180,000 in damages caused by Superstorm Sandy, alleging the agent negligently failed to procure adequate flood insurance. Read more……