Archive for the 'Co-op' Category

Madonna Sues Her New York Co-op Board

Pop icon Madonna has reportedly filed suit against her chichi Central Park West co-op Board for blocking her purchase of her neighbor’s apartment, which apartment she intended to combine with hers. She has filed suit in Manhattan Supreme Court seeking to overthrow the Board’s decision.
I have not seen the court documents, but, as […]

NAR Reports Sales Down Nationally

NAR released its turkey of a sales report for the third quarter last Monday, while we were out buying our birds. Your local market may be rosy but the big picture shows the bloom fading nationally as winter approaches. Bundle up folks, it’s going to be cold out there.
Nationally, the total numbers for sales […]

The Secret Of Real Estate Contract Escape Clauses

Here are real estate contract escape (contingency) clauses buyers and sellers need to know. For sellers who must close on their home in order to buy a new one, it is imperative to understand how these clauses work before signing a sales contract. The ability to negotiate these is dependent on, among other things, […]

New York City Co-op Sales Prices Are Now Public

Both Property Grunt and Curbed have the links and the scoop on how a new law that was just passed which allows for recent New York City Co-op sales prices to be (are) available for free to the public via ACRIS.
What does this mean for Consumers?
Consumers can now do their own homework on recent sales […]