Beware: bldg is almost insolvent

Does it have a mice problem?

At least it sounds like there are no leaks.

No mice. The bldg say no pets allowed

Building violations are often old and cured but simply not removed. And with interest rates as low as they are, even a 2 point increase in underlying mortgage rate - which is extremely unlikely, is unlilely
to translate into a maintenance increase of more than $40-75/month - annoying, but insufficient to cause
a Coop to collapse or be abandonned by its unit owners.

Demand to see the Board minutes regarding mice infestations.

DOB violations are never a good thing, even after being cured but not certified to close out.

Violtions are often petty, and in at least some instance caused or perpetuated by tenants. The ansence of violations is also not a sign that a building is being well or properly maintained. HPD only sends
out inspectors when requested to by a tenant, a court, or a landlord seeking violations removal.

If the reserve fund is low, they can just do an assessment. Mortgages get refinanced What's the rant?

Sounds bad but the building is right next to the Stuyvesant Town projects so maybe the financial disaster could have something to do with that?

tishman's problems aren't contagious. a disease of their own making.

bgrfrank, are you julialg in drag?

btw, you need to brush up on your definition of project. anything can be a "project." but only some properties are "projects." and they all have nice little happy signs from the NYCHA on them to let you know you are at one of them, and they welcome you no less!! wouldn't want the masses to be confused, although bgrfrank you seem to be.

aboutready, what are you talking about? Some kind of project but not another project? The project wants me? No, I don't think so that doesn't even make sense.

a "project" is something run by the city, not a privately-owned property.

Rents are regulated, it's a massive collection of identical buildings with much of the same infrastructure any housing project would have. It certainly passes the smell test, if not everyone's strict legal definition. Put another way, walks like a duck , talks like a duck...it's a duck

I think it's a stretch to say that this building's finances are the result of what buildings are juxtapose to it, but it's not a leap to say that the market value of private buildings situated next to 'projects' are not negatively impacted.

RS, don't you have some windows that need washing?

i haven't been in any projects recently, but i doubt they have maple cabinetry and granite countertops. hate on, RS, you narrow little toad.

you kidding? Flatbush gardens gives you all that.
http://www.youtube.com/watch?v=wu_iurMP0FE

compare.
http://www.manhattan-institute.org/email/assets/images/0207_06.jpg
http://nymag.com/daily/intel/20061116stuytown.jpg

Looks the same to me.

rb345: Non-petty violations are never a good thing.

The DOB website describes the violation in pretty good detail.

They busted the board and managing agent of my building for installing risers on the building's main gas line, without a permit. That's dangerous. Not petty.

Con Ed turned them in. The residents and owners (other than the board members) knew nothing about it -- other than there was a gas turn-off in our building for 5 weeks.

Truth:

Installing risers w/o a permit is not per se evidence of a serious problem.The five week shutdown
and turn-in by Con Ed are more serious... they suggest that the work done was unsafe and placed
building residents at risk of a gas explosion. You'll have to get clear facts to know one way or the
othee. If they placed residents at risk, I would get rid of all those responsible.

What's been the building's response. Has the managing agent, board or building super communicated with the owners?

Oh, no. It was another deep, dark secret; held by the board, managing agent and the super.

The managing agent sent a few : "Rest assured that we will follow up on this, with Con Ed..." B.S. memos. (During the shut-off). One owner that I know of, called the m.a. to ask if we might be getting a credit on our C.C. bills; because of the extra expense of sending out laundry (no dryers) and being unable to cook and therefor ordering food in/ going out for meals. This was around 3 weeks into the shut-off. The m.a. told him to "Get an attorney."

That's the M.O. of the board: If anybody dares to request information, they are intimidated by the board. That owner is the husband of a nice young couple with a toddler.

If an owner persists in asking and trying to get truthful answers; the board has their attorney send the owner a letter. More intimidation.

And, if an owner persists in trying to get repairs made, and problems addressed in the building, as I did; the condo board filed a bogus lawsuit against me.

But,I fought back. Most owners don't have the money to defend themselves in court.
P.S. There were no minutes of meetings where this gas shut-off was discussed. Ever. None during the shut-off, when they claim no meetings were held. The next regular board meeting held after that time, contained no mention of anything about it.

That's why you can't rely on the minutes for important info; and also why DOB. violations don't tell the whole story of the problems that it caused the residents.