Hot Legal & Insurance Topics of 2023: What Managers & Board Members Need to Know to Protect Their Communities 2023 NJ Cooperator Expo Seminar Sponsored by: PeopleFirst Property & Casualty/Stark & Stark Attorneys at Law

By Cooperator Studio 21 June 2023 Seminars

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News

9/18/2023 Northwind Provides $70M Condo Inventory Loan on Philly Resi Tower—Commercial Observer

Southern Land Company has nabbed $70 million of condominium inventory financing for a new 48-story residential tower in Philadelphia, Commercial Observer has learned.
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9/6/2023 Let’s make a deal: Morris Township makes offer to condo owners to extend affordable status—Morristown Green

Morris Township has a proposition for owners of 64 condos in the Moore Estate.
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8/22/2023 Emotional support dog banned from N.J. condo fetches Supreme Court review—nj.com

Let’s just get this on the record: Who’s a good dog?
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8/18/2023 JV Seeks $200M for NJ Condo Construction—Connect CRE

A joint venture between W&L Group and Windfall Group, is seeking a $200 million construction loan for a luxury waterfront condominium project in Weehawken, NJ.
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8/15/2023 Two Jersey City Men Charged in Scheme to Defraud Owner of Condo Complex—Jersey City Times

Two Jersey City men have been charged in a kickback scheme to defraud the owner of a Jersey City condominium complex.
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8/10/2023 Financial Red Flags for Clients Buying a Condo—RIS Media

Buying a condo can be an exciting step towards homeownership, offering a convenient and often more affordable alternative to traditional houses.
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8/1/2023 Hirsh Singh is running for president. And no, it’s not a joke – at least not to him—New Jersey Globe

Perennial candidate Hirsh Singh, who has lost six bids for office in New Jersey since 2017 – the last a failed run for a condo board seat in Atlantic City – today announced that he would seek the Republican nomination for president.
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8/1/2023 Lakewood Art Teacher Among Victims Of Toms River Condo Fire—Middlesex Daily Voice

Ashley Antuna-Mayer taught at Piner Elementary School in the Lakewood Public School District and is moving to Spruce Street Elementary School this school year, according to Meghan Dineen of Beachwood, who organized a GoFundMe.
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8/1/2023 46 Animal Cruelty Charges For Galloway Woman With 22 Cats: Police—Patch.com

A Galloway woman was charged with animal cruelty after authorities discovered 22 cats and one dog living in her condominium, police said.
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8/1/2023 Full Suite of World Class Amenities Unveiled at Wonder Lofts in Hoboken—TapInto.net

Wonder Lofts, the historic condo conversion of the famed Wonder Lofts building in Hoboken, NJ, has officially unveiled its 14,400 square feet of world-class indoor and outdoor amenities, completing one of the most unique lifestyle opportunities found on New Jersey’s Hudson River Gold Coast.
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7/25/2023 Inspired by Somerset Development gets green light to bring ultralux condos and retail to Asbury Park—ROI-NJ

A plan to develop 155 ultraluxury residences that will offer a beach club lifestyle plus retail stores was recently approved by the borough of Asbury Park, according to a Friday announcement from Inspired by Somerset Development.
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7/21/2023 Monmouth Park: We'll build condos and hotel, whether Oceanport likes it or not—Asbury Park News

An eight story, 200-room hotel is a crucial part of a $200 million development plan to save the cash-strapped Monmouth Park, a plan that also includes 388 condominiums and pickleball courts.
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7/20/2023 Fannie Mae Examines the Future of Condo Lending—MReport

Fannie Mae has released a new report revealing their focus on long-term homeownership sustainability, continuously refining our property and underwriting requirements to help set homebuyers up for success.
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7/10/2023 Restored Historic Building in Union City Offers Five Sustainable Townhouse Residences with Parking and Outdoor Spaces—Jersey Digs

Are you ready to discover your new home within a historic structure that’s been reimagined for modern, urban living?
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7/10/2023 Toll Brothers Names John A. McCullough President of its Toll Brothers Apartment Living® Multifamily Division—Investors Observer

Toll Brothers, Inc. (NYSE: TOL), the nation's leading builder of luxury homes, is pleased to announce John A. McCullough has been promoted to President of Toll Brothers Apartment Living® , the company's multifamily division.
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7/6/2023 You can smell weed everywhere in New Jersey—NJ 101.5

With the legalization of recreational marijuana in New Jersey comes a few societal changes.
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7/6/2023 Officials: Condo fire sends 1 to hospital, displaces dozens of residents in Verona—

A fire at a condominium complex in Essex County sent one person to the hospital and displaced dozens of residents.
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7/6/2023 Multifamily Series: Refinement in Luxury Living—Realtor Magazine

In many metros and suburban markets, luxury living means for-sale apartments that start at $1 million and rentals that are also uber-expensive.
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6/20/2023 Which HOA Rules Can Be Enforced – and Which Can’t?—U.S. News

HOA complaints are common.
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6/13/2023 How to avoid condo/co-op renovation horror stories—ROI-NJ

At a time when co-op and condo buyers are faced with sky-high prices and inflation-driven mortgage rates, aging multifamily properties are also struggling with market forces that demand stylish aesthetics and sophisticated lifestyle amenities to compete with upgraded luxury multifamily residences.
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