13 properties, $2.1mm … so farWay back on January 30 I commented on Richard Bassik, a downtown property manager who was accused of stealing $2mm from buildings he managed and was featured in a NY Daily News article from January…
Tag: Coop Board
low-life property manager INDICTED
Tagged with: Condo Board, Coop Board, Da, Daily News, Fraud, Indictment, Insurance, Managing Agent, Theft
the politics, wisdom or inanity of airing dirty linen about your coop or condo
something in the water??I had intended this morning to do a post focused on one particular dispute between a condo developer and unit owners in Brooklyn, but then I saw an article in today’s NY Times airing angry emails between…
Tagged with: Condo Board, Construction, Coop Board, Green, Leed, Litigation, New Development, Publicity, Shareholder Meeting
why hire a low-life as property manager? 'cuz you didn't know
ignorance is expensiveThere were reports in the press this past week about Richard Bassik, a Manhattan property manager accused of stealing from downtown clients that caught my eye because I know the guy … at least, I worked with him…
for rejected coop buyer: screwed? yes; recourse? not so much
Manhattan real estate is not a benevolent universeI referred a week ago (Jan 20, adventures in nephrology / about that kidney donation….) to a long phone conversation with a long-time Manhattan Loft Guy reader as something "for another post". Here’s…
the (boring) details about building financials that can prevent your loft from selling
especially smaller loft buildings I have heard a couple of stories in the last few weeks from an agent and a mortgage lender about how some of the arcana about a Manhattan coop’s or condo’s finances make it difficult or…
Tagged with: Coop Board, Default, Fannie, Fidelity Bond, Freddie, Lending Standards, Managing Agent, Mortgage, Ny Times
the rest of the story about 427 Washington / NY Times Habitats column
buyers see 100+ lofts until the ‘this is it’ moment Fascinating piece in today’s NY Times “Habitats” feature by Stephen Williams about a couple who found (18 months searching) and renovated (2 years renovating) their TriBeCa dream loft “startlingly…
Tagged with: 427 Washington, Artist Loft, Capsouto Freres, Coop Board, Habitats, Ny Times, Washington Street
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