Teri Karush Rogers
Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she had previously covered New York City real estate for The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri earned a BA in journalism and a law degree from New York University. During law school she realized she would rather explain things than argue about them, so she returned to service journalism after graduation.
Posts by Teri Karush Rogers:
Over on StreetEasy.com, a co-op buyer is shocked to discover that his broker--accidentally or on purpose--omitted a "large liability" from a revised financial package presented to the board. Now the co-op board is asking questions--and so is the buyer.
Being turned down is the least of his or her concerns. Worse is the prospect that the seller could argue that the buyer submitted a fraudulent application and keep the deposit if the deal falls through.
Is your co-op or condo building in trouble and you don't even know it? Co-op and condo lawyer Stuart Saft compiles a handy list (useful for prospective buyers too) of 17 warning signs in the July/August issue of Habitat Magazine (not yet online).
A few are kind of obvious (annual meetings are disrupted by angry owners, dirty/moldy/vermin-infested common areas, multiple lawsuits resulting from an "overly aggressive board, disturbed owners, a fee-hungry lawyer"), but others are not necessarily so, such as:
Over on StreetEasy.com, some apartment owners are debating etiquette for tipping the super for minor jobs like unclogging sinks and toilets.