building at 520 East 81st Street

The way I read the decision, only the plaintiffs have to pay, not the other owners.

What terrible lawyering. Bringing the suit in the first place was probably foolish. Failing to respond to T-Mobile's adjusted plans seems flat-out incompetent.

Someday, the tin-foil-hat crowd may turn out to have been right about the hazards of cellular bombardment; but you can't base a lawsuit on a fringe theory.

Right, the plaintiffs pay their lawyers, but the condo -- via everybody's CCs -- pays its. Unless the condo, as the prevailing party, can charge its costs back to the plaintiffs.

thats funny

You know, it would be a great ongoing thread, "real estate legal decisions." The one about the lawyer who released the dp money to the "seller" was really interesting, and this one is also a head-scratcher.
By the time a judge has to write down an opinion, all the somewhat reasonable situations have been weeded out; it would be a great reference thread, at least as interesting as the comps thread.

I follow human-interest and -folly RE and Surrogate's Court cases. Some are a hoot, so I post the decision. The problem is the long time frame of most of them. E.g., Oscar Hijuelos sued 5RSD over its alleged dilatory response to a flood and alleged mold damage. That ran from 2006-2009, and it'd been settled for a year before I thought to check back on it. By then my friend in the building couldn't remember how much the co-op spent, couldn't find the financials, and so on. His interest was along the lines of "gee, he must feel awkward about suing his neighbors" while mine was about the money, and neither of us got the dirt.

As per the managing agent Tudor Realty Services (TRS) for the condominium, the condominium does NOT have any law suits against it at all, nor have they had any. Some owners of the condo had a suit against T-Mobile for damage to their apartment ceilings, this was no big deal and resolved. T-Mobile has a landlord/tenant case against a few of the condo owners that is no big deal either. Again, no suits against the condomium, it is just fine thank you.

The condoimium is in excellent shape, no common charge increases and the condo's reserve fund remains intact and growing better everyday!

I live there for a year. I will tell you when I lived there , there was a mice problem. I don't know if it has been resolved but that is my two cents.

Yes, the live-in superintendent of this condominium building said that it has been resolved last year.
They are constantly improving and updating the condominium, the building is in fine shape!

TSHC2, the managing agent is misinformed.

At eCourts, check index 112406/2011, an open case where T-Mobile is the plaintiff and Salem House Condominium is the defendant.

The closed case where Vassi et al sued the condo is index 103647/2010.

As per the managing agent from TRS again, that is a landlord/tenant case that is basicly NO BIG DEAL.
This condominium is in fine shape, thank you.

All you needed to do was acknowledge that the condo was sued twice, and say it won one and the other was no big deal.

Instead, you told an easily exposed lie, saying "the condominium does NOT have any law suits against it at all, nor have they had any."

That makes your "the condo is in fine shape" statement suspect. It may well be, but you'd have done better to say nothing.

"It's no big deal" is the biggest, most frequently used bullshit response from managing agents.

Once again, as I said, the condominium is in fine shape, thanks!

These are not the droids you're looking for, thanks!

anyone other than TSHC2 have any thoughts?
anybody familiar with the area and how it's trending?

Just wondering if any other current or past owners or renters would please chime in with their impressions of the condo. Anyone know what kind of capital improvements are planned with the ongoing assessment which appears will continue indefinitely into the future.

Thanks so much.

I am inrerested, too, why apartments are on the market for so long.

This is an investor friendly condominium, lots of rented apartments!

I am a foreign investor.
Is really an investor friendly condominium?
Is necessary the board approval to rent after purchase?
The subway and the public buses are far?

Foreigner investor are fine.
Yes you can rent after purchase, no board approval, just a condo waiver approval, easy breezy.
Buses and subways are close, subway is getting closer with second avenue subway 2016 possibly.

Finding financing for this condominium can be hard to find. Most banks like a high percentage of owner occupied apartments (51% or more) to qualify the building to finance. This condo has a very low owner occupancy rate. High percentage of renters occupy this condominium. All cash works the best!