CT Condo News: Vacation Properties
Can A Connecticut Condo Board Restrict Owners From Renting Their Units?
Paul of Plainville asks what appears to be a simple question; can a condo board of directors restrict owners from renting their units or do owners have the right to vote on this issue? Unfortunately the answer is complex and could depend on the exact circumstances involved in each condo complex. The decision could have
Trump Sued For $6 Million For Mold In Trump Tower Condo Unit
High-rolling businessman and professional poker player Vadim Trincher has filed a $6 million suit against Trump Tower after having had mold issues since their upstairs neighbors started rehabbing their duplex. “According to papers filed in Manhattan Supreme Court on Friday, Trincher and his wife, Elena , are seeking $6 million for mildew-related damages to their
Victoria’s Secret Model Sues Condo Board Claiming Water and Mold Damage Makes Unit Uninhabitable
Water and mold damage don’t only happen to Connecticut, they can happen in luxury Manhattan apartments where boards and management companies can be just as derelict. Victoria’s Secret covergirl Michelle Buswell has filed a $300,000 suit claiming her $1.3 million Chelsea condominium has been uninhabitable because of water leaks gone uncorrected for almost two years.
Chattanooga Condo Market Picking Up
According to the TimesFreePress in Chattanooga, the condo market is coming back following a downturn that included on developer going belly up others “flirting with disaster.” “I think the whole housing market has just gotten stronger, starting last fall,” developer George Bright told the newspaper. “Bright has sold $9.17 million worth of condos so far
New Hampshire Condo Market Picking Up Along Coast
The Seacoast area of New Hampshire in the tony Portland area, reported a rebound in sales and prices in condos. July records kept by the Seacoast Board of Realtors shows that in July there were 72 condo sales totaling $20 million. “The $20 million in condo sales represents a 41 percent increase over June and
Manatee County Condo Owners Launch PR Campaign To Force Builder To Deal With Their Moldy Homes
A group of 40 condo homeowners have banded together in the hopes that they could pressure KB Home to repair or buy their mold-ridden homes in Manatee County, Florida. The residents purchased their homes about six years ago and blame national home builder KB Home for their mold problems. According to residents their sales contract
Downtown Miami Condo Sales Prices Rose 9 Percent In Second Quarter
Condo owners in downtown Miami as seeing a welcome return to higher prices while shoppers are getting sticker shock. According to the Miami Herald’s Martha Brannigan, the average price of a unit rose from $371,205 last year to $404,927, comparing second quarter to second quarter. “The study by Focus Real Estate Advisors and Goodkin Consulting
South Florida Sunny Isles Beach Is Preparing For 530 new Luxury Units
The Miami Herald reports that Sunny Isles Beach appears to be the next condo boom in South Florida. This photo of Sunny Isles Beach is courtesy of TripAdvisor “It may be early in South Florida’s newest condo boom, but the modestly populated barrier island city of Sunny Isles Beach in Northeast Miami-Dade County is emerging
Smoking Is The Hot Button Issue In Ct Condos And Condos Throughout North America
From Connecticut to California and from Tampa to Toronto, condo board of directors are trying to determine how to deal with pressure from non-smokers who are demanding NO SMOKING zones throughout their projects – including in owners’ units. The battles are raging over smoking in outdoor areas like swimming pools at a Cheshire complex, recreational
Feds And Florida Sue Timeshare Rental/Resale Operation For Deception
Allegedly Told Timeshare Owners They Had Renters or Buyers Lined Up for Their Properties The Federal Trade Commission and Florida Attorney General Pam Bondi brought legal action against a timeshare rental/resale telemarketing business and its owner for allegedly deceiving thousands of consumers throughout the country into paying up to $2,000 based on false promises that
