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 be held liable for fraud over construction defects and misrepresentations in an offering plan.   Read the article…………

Editor

Recent Posts

“It’s shameful:” Condo board asks residents to pay more than $20,000 in special assessment fees

Owners at the Regency Gardens Condominiums got notices saying their board plans to pass a…

12 hours ago

Two Rivers Services to Help Private Condo Group (WI)

Buckley says the condo association was developed with private infrastructure and the maintenance of roadways…

15 hours ago

Australia Op/Ed: There’s more trouble coming for apartment owners. Here’s why

The Netstrata insurance scandal rocked the strata management industry in NSW but that’s just the…

15 hours ago