co-op boards


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Former Bear Stearns CEO Jimmy Cayne and 510 Park Avenue (Credit: Getty Images and Google Maps)

Ex-Bear Stearns CEO James Cayne demands co-op records after board rejects 3 buyers

The former CEO of Bear Stearns, James “Jimmy” Cayne, claims a co-op board at 510 Park Avenue has blocked...

Ex-Bear Stearns CEO James Cayne demands co-op records after board rejects 3 buyers
(Credit: Seward Park Co-op, Pixabay)

Missed opportunity: LES co-op wants to re-vote on air rights sale but developers say they’ve moved on

Too late is the message Ascend Group and Optimum Asset Management has for residents of Seward Park Co-op. The developers of a former nursing...

Missed opportunity: LES co-op wants to re-vote on air rights sale but developers say they’ve moved on
The Dakota and Brisbane House at 1215 Fifth (Credit: CityRealty)

Co-op board battles are dragging out renovations and repairs for years

Co-op board disputes with owners over renovations and repairs are dragging on years. The battles can delay changes and...

Co-op board battles are dragging out renovations and repairs for years
Keeping up appearances: Co-op boards are using this trick to beef up comps

Keeping up appearances: Co-op boards are using this trick to beef up comps

When a co-op on the 34th floor of a ritzy Upper East Side building sold last year, the price...

Keeping up appearances: Co-op boards are using this trick to beef up comps
“I can feel the burn on my cheek from the slap on the face”: Buyers sound off on co-op rejections

“I can feel the burn on my cheek from the slap on the face”: Buyers sound off on co-op rejections

Even with a cooling market, some co-op boards haven’t eased up on demands they make of potential buyers. It’s unclear how many applications are...

“I can feel the burn on my cheek from the slap on the face”: Buyers sound off on co-op rejections
Dakota co-op board race discrimination lawsuit dismissed

Dakota co-op board race discrimination lawsuit dismissed

The Dakota board may have discriminated, but only in the way it’s supposed to.

Dakota co-op board race discrimination lawsuit dismissed
Carnegie House residents bolting over Schron’s looming fees

Carnegie House residents bolting over Schron’s looming fees

An unusual ownership situation at Carnegie House in Midtown is undercutting prices and driving residents to sell in droves.

Carnegie House residents bolting over Schron’s looming fees
Midtown co-op board allegedly asked to interview buyer’s child

Midtown co-op board allegedly asked to interview buyer’s child

Co-op boards can be notoriously picky about who they allow to buy units in their buildings, but one prospective...

Midtown co-op board allegedly asked to interview buyer’s child
Peruvian billionaire gets $2.8M penthouse deposit back

Peruvian billionaire gets $2.8M penthouse deposit back

Peruvian banking billionaire Carlos Rodriguez-Pastor won a refund of a $2.75 million penthouse deposit, with the judge agreeing that...

Peruvian billionaire gets $2.8M penthouse deposit back
At this Village co-op, maintenance fees are close to zero

At this Village co-op, maintenance fees are close to zero

In an era of skyrocketing retail costs, the residents of a West Village co-op are experiencing an unexpected windfall. Co-ops with...

At this Village co-op, maintenance fees are close to zero
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