co-ops

SANDY ONE YEAR LATER: Co-ops, condos still waiting for disaster aid
SANDY ONE YEAR LATER: Co-ops, condos still waiting for disaster aid
News Melissa Chan 10/25/2013 at 11:11AM

A proposed federal law that would bring disaster aid to co-op and condo communities has not come any closer to being passed nearly one year after Sandy. “It just doesn’t make sense,” said Warren Schreiber, president of the Bay Terrace Community Alliance. “It’s just prolonging the financial hardship on co-ops. Right now, we’re stuck footing [...]

HUD grants not enough say co-op, condo owners
News Melissa Chan 3/18/2013 at 4:22PM

Co-ops and condos damaged by Sandy are now eligible for federal housing grants. The U.S. Department of Housing and Urban Development (HUD) announced it will allow co-ops and condos to receive funding from Community Development Block Grants Disaster Recovery grants to help with repairs. “We have finally cleared a bureaucratic hurdle that prevented thousands of [...]

Schumer pushes for co-op, condo Sandy relief
News Melissa Chan 2/21/2013 at 12:06PM

New York’s senior senator has joined the ranks of leaders pushing for relief to storm-damaged co-ops and condos. U.S. Senator Charles Schumer penned a letter to the U.S. Department of Housing and Urban Development (HUD) last Wednesday asking the agency to establish Sandy relief program guidelines for co-ops and condos. Co-op and condo owners currently [...]

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