Approvals (purchases, alterations, refis, subletters, pets)
… As a New York City condo or coop buyer seeking a conforming loan or owner … In December of that year at the request of mortgage lenders Fannie Mae and Freddie Mac governmentbacked entities that … maintenance increases or why a building with a $3 million budget was $30000 over The bank asked What went wrong …
… Imagine a New York City coop or condo building that certain lenders wont touch It could be a … in NYC that appear on a list putting them off limits for Fannie Mae lendersand there is the potential for that number … infrastructuremeaning putting off needed repairs because of budget shortfalls To put some teeth into it Fannie Mae said …
… Today is the day New York City started accepting applications for its list of buildings where shortterm rentals are bannedand it appears that landlords managers and coop … portal The city is embarking on a new approach to combat illegal shortterm rentals NYCs Local Law 18 also known as …
… interest in getting rid of some of the secrecy surrounding how New York City coop boards operate New legislation … boards to provide this information within five business days after the board makes a decision The statement would … next consideration is your motivation for buying the coop Many coops require that you use the place as your primary …
… … Requests to transfer a coops shares to a trust or to buy a coop with a trust or limited liability company do add … PLLC a Manhattanbased law firm focused on real estate and in particular cooperative board representation as well …
… on a coop or condo board says New York City real estate attorney Steven Wagner a partner at Adam Leitman Bailey PC who … the board to choose their own attorney Keep in mind however that the insurance company may not pay the rates of … these cases take shape because a shareholder disagrees with how the board is running the building but that doesnt in …