Manhattan Loft Guy

New York, New York

on matters of interest to Manhattan coop or condo loft apartment dwellers, buyers, sellers, and others, especially about New York City real estate

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Manhattan Loft Guy

power of a coop board to reject a deal as "too low"??

Jun. 19, 2009

Categorized in: Manhattan real estate business

Tagged with: 1980s, 1992, applications, coop boards, fiduciary, market price, value

It touches on the (undeniable) power of coop boards to approve or reject purchase applications, but in the specific context of whether the coop board can or should decide based on the contract price. This is one of those back-in-the-day topics, where Manh

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picking on coop boards but in need of editing (NY Post)

Nov. 21, 2008

Categorized in: Manhattan real estate business

Tagged with: coop boards, curbed, down payment, mortgage, ny post, purchase application

Why do people pick on Manhattan coop boards? Because it is easy and because they sometimes do dumb things that make the newspapers. And because they are an easy target on a site like Curbed, such as yesterday's Those Crazy Coop Boards, which riffed on yes

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coop boards behaving badly / 32 Gramercy Park South edition

Mar. 16, 2008

Categorized in: Manhattan real estate business

Tagged with: coop boards, decorations, gothamist, gramercy, house rules, lawyers, ny daily news, ny post

Tip of the Manhattan Loft Guy hat to Gothamist for pointing to the NY Post article and one in the Daily News reporting that the coop board at 32 Gramercy Park South has sued an owner over holiday decorations. The articles are not crystal clear about exact

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258 Bway is BOM / why do bad things happen to good contracts?

Sep. 1, 2007

Categorized in: Loft neighborhoods / Tribeca

Tagged with: broadway, city hall, contracts, coop boards, lawyers

trend, or series of unfortunate events? Within the last week or so I blogged about (a) a loft coming back to the market ten weeks after a contract had been signed (oh dear / 808 Broadway #2J is back... [Read More]

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advantages to the much-maligned coop ownership, vs. condos

May. 29, 2007

Categorized in: Manhattan real estate business

Tagged with: 1050 park, coop boards, evictions

getting rid of a bad neighbor is much easier in a coop Another interesting bit in Sunday’s NY Times Real Estate Q + As section deals with one way in which coop boards have much more power th... [Read More]

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coop boards behaving badly / can you imagine?

Feb. 9, 2007

Categorized in: loft neighborhoods / West 30s

Tagged with: conflict, coop boards, discrimination, ny times, purchase applications

how absolute power can corrupt Maybe it is the cold weather that has me thinking about nasty people doing nasty things…. This week I blogged about nasty agents trying to prevent other a... [Read More]

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