A man is suing a Kips Bay co-op because he is being blocked from moving into his parents’ home, DNainfo reported. David Moldawer grew up at the Byron at 165 East 32nd Street, where, in addition to his parents, his grandparents also lived. His parents own three units, including the one where the grandparents lived, in the 20-floor building. Moldawer had planned to move his wife and two year old son into one of the units that his grandparents had occupied. But the co-op’s board blocked them from moving in when they heard of the plan. [more]

From the November issue: With third-quarter market reports showing an increase in activity and brokers reporting more deals getting hammered out, the question is: Who has come off the sidelines? The answer may be “trade-up” buyers, or New York homeowners willing to sell for much less than what they would have gotten at the height of the market — so long as they can then buy better property at reduced prices. The thinking behind selling low and upgrading is simple: “It’s a logical step because if you take 20 percent off a $1 million home, and 20 percent off a $2 million home, if you can afford the upgrade, you’re getting a better value” with the more expensive property, said Leah Blesoff, a sales associate with Halstead Property.

A developer fired at the condominium tower Tempo in Kips Bay is suing an Irish home builder for reinstatement; a property manager is suing his investment partner Peter Hauspurg of Eastern Consolidated to stay on the job; and property manager Downtown Properties is sued for allegedly misappropriating money. [more]