funegirl's Profile
Author's Posts
February 15, 2008
Coop Board Probs - Attorney Rec?
It seems as if we need some changes on our coop board - our maintenance has gone up again and again (the board claims heat bills and taxes, yet none of the other buildings on the street have gone up), the work we had done on a hall reno looks substandard and took WAY too long - I'm pretty sure the contractor was the team the sponsor uses for all his properties - doubt we even got other bids, and now they're trying to vote in a flip tax offering the shareholders a % of gross sales price as the only option - when we agreed in a meeting it would be a % of net less agent's fee (the coop's lawyer - also the sponsor's lawyer (?!) drafted it "wrong"). I (the new secretary) offered to type up an info sheet explaining the diff types of flip taxes - flat per share, % of sales price, percentage of net, etc...and I was told by the president (who has been since inception - 8-10yrs?) that it would be "inappropriate for me to lobby the shareholders". What?! I think we need an audit and perhaps a change of the guard - can anyone rec a good coop atty who can help straighten this out, and get everything going in a direction that seems more above-board? Please help!!
January 22, 2008
457 Atlantic Scoop?
I heard there were no studios left in 457 Atlantic, and now there is one available. Anyone know anything about this building and if a studio there is a sound investment?
Waffling between new construction and buying something older...
January 21, 2008
New Condo Lawyer Recs?
Anyone close on a new condo lately and have a good lawyer experience? Do tell and if you know their rates - spill! Thanks!
Author's Comments
Any update?
Does anyone know if the laundry across the street (and parking lot) are sure not to be developed? That would ruin a lot of 457's views...
Posted by: funegirl at January 21, 2008 9:51 PM in response to 457 Atlantic - Van Brody