At the Beverly Hills co-op in Brooklyn, the wallpaper in the lobby is peeling by the yard. The walls themselves show cracks and holes, as if assaulted by a sledgehammer. The boiler is barely sputtering along and may not last the year.
Over all, the 140-unit, seven-story building sustained more than $500,000 in damage from Hurricane Sandy. Even so, it cannot obtain federal aid for repairs.
Since the hurricane, thousands of homeowners have been startled to discover that co-ops are largely barred from federal disaster assistance. The rules have stirred growing criticism from members of Congress from the region, who contend that the system fails to take into account how people live in New York City, where co-ops have flourished. READ MORE …
Thank you for visiting the blog site of the Staten Island Board of REALTORS® (SIBOR)
SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.
Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.
SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS),which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.
All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).
SIBOR may be reached at 718-928-3220 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Board of Realtors,” on Twitter via @SIBOR, and on YouTube at the Staten Island Board of Realtors and RelevantPR channels.
SIBOR Media Contact: Barton Horowitz