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				<title><![CDATA[Cooperator - Articles - 2006 Jul]]></title>
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					  <title><![CDATA[A Successful Experiment in Living]]></title>
					  <link>http://cooperator.com/articles/1303/1/A-Successful-Experiment-in-Living/Page1.html</link>
					  <description><![CDATA[Nearly 150 years ago, the grounds of Parkchester in the Bronx served as a shelter for New York City&#8217;s homeless children. It was a place where kids could learn a trade and get a second chance. Today, Parkchester is enjoying its own second chance, a revitalization befitting of a place that once served as a model of planned community living. ]]></description>
					  <author>no@spam.com (Elizabeth Lent)</author>
					  <pubDate>Fri, 01 Jun 2007 13:01:02 EDT</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1303/1/A-Successful-Experiment-in-Living/Page1.html</guid>
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					  <title><![CDATA[It's All About Trust]]></title>
					  <link>http://cooperator.com/articles/1307/1/Its-All-About-Trust/Page1.html</link>
					  <description><![CDATA[ Once an estate planning operative for only the rich and
 famous, trusts are commonly used today to facilitate estate planning for
 everyone. While empty-nesters downsize and seek out residences that are
 more maintenance free&#8212;such as co-ops or condos&#8212;they are also
 seeking to create an estate plan that insures a distribution of their
 assets with minimum tax consequences. Accordingly, co-op boards are
 increasingly faced with requests to approve transfer of ownership of co-op
 apartments to trusts. What are the ramifications of such transfers, and
 what should a board do when faced with such a request?
]]></description>
					  <author>no@spam.com (Al Pennisi)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1307/1/Its-All-About-Trust/Page1.html</guid>
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					  <title><![CDATA[Superbroker]]></title>
					  <link>http://cooperator.com/articles/1306/1/Superbroker/Page1.html</link>
					  <description><![CDATA[ In New York, buying and selling real estate is almost a
 contact sport. The hours are long, the stakes high, the customers savvy and
 demanding. In a city of eight million people, there are thousands of real
 estate brokers, but only an elite handful who successfully operate in the
 stratosphere, brokering multimillion-dollar deals, managing rosters of
 super-rich clients, and handling some of the most breathtaking residential
 properties on the planet with aplomb.
]]></description>
					  <author>no@spam.com (Greg Olear)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1306/1/Superbroker/Page1.html</guid>
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					  <title><![CDATA[The Color of Money]]></title>
					  <link>http://cooperator.com/articles/1305/1/The-Color-of-Money/Page1.html</link>
					  <description><![CDATA[ All of the city services that co-op and condo owners
 enjoy come with a price and the agency that is generally the keeper of
 those very large purse strings is the New York City Department of Finance.
]]></description>
					  <author>no@spam.com (Debra A. Estock)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1305/1/The-Color-of-Money/Page1.html</guid>
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					  <title><![CDATA[Brokers & Bankers]]></title>
					  <link>http://cooperator.com/articles/1304/1/Brokers--Bankers/Page1.html</link>
					  <description><![CDATA[ Nearly 100 percent of New York City co-ops have an
 underlying mortgage of anywhere from a few thousand dollars to millions of
 dollars. If you own a co-op, having an additional multi-million dollar
 mortgage hanging over your head might sound like an alarming prospect. You
 might be surprised to learn that while homeowners generally pay off their
 own mortgages in 30 years or less, very few co-ops have paid off their
 underlying mortgage. Because of that, many buildings are forced to
 refinance when the term of their current loan comes to an end. Co-op board
 members looking to refinance will then turn either to a mortgage broker or
 a mortgage banker (or lender) to lead them through the process and obtain
 the financing they need.
]]></description>
					  <author>no@spam.com (Charles Ciolino)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1304/1/Brokers--Bankers/Page1.html</guid>
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					  <title><![CDATA[Future World]]></title>
					  <link>http://cooperator.com/articles/1302/1/Future-World/Page1.html</link>
					  <description><![CDATA[ Most of us don&#8217;t like to spend a lot of time
 contemplating our so-called &#8220;final wishes&#8221;&#8212;we&#8217;d
 much rather leave planning our wills and executing our estates for another
 day. Uncomfortable as the subject is for many people however, it&#8217;s
 vitally important to make those decisions now, rather than waiting until it
 may be too late. The issue of estate planning is especially important when
 it comes to the right of transferring co-op shares or leaving a beneficiary
 your condo apartment.
]]></description>
					  <author>no@spam.com (Lisa Iannucci)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1302/1/Future-World/Page1.html</guid>
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					  <title><![CDATA[Finding Good Help]]></title>
					  <link>http://cooperator.com/articles/1301/1/Finding-Good-Help/Page1.html</link>
					  <description><![CDATA[ It is a fairly common situation: The managing agent of
 a 30-unit condo calls the building&#8217;s legal counsel and asks whether
 the building is required to hire or retain a resident superintendent.
 Sometimes the building wants to rent or sell the superintendent&#8217;s
 apartment to offset expenses&#8212;or perhaps the board believes that there
 is not enough work to justify hiring and paying a full-time, live-in
 superintendent.
]]></description>
					  <author>no@spam.com (Stewart E. Wurtzel)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1301/1/Finding-Good-Help/Page1.html</guid>
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					  <title><![CDATA[A Necessary Convenience]]></title>
					  <link>http://cooperator.com/articles/1300/1/A-Necessary-Convenience/Page1.html</link>
					  <description><![CDATA[ Some of the world&#8217;s most valuable real estate
 exists in New York City, and the wealth doesn&#8217;t end with residential
 buildings and office space. In a city with so many people and so little
 space, a place to park your car can be priceless. Just ask anyone
 who&#8217;s spent half an hour driving around Brooklyn or Queens at night
 looking for a parking space like it&#8217;s the Holy Grail. Because of the
 subway system and other underground infrastructure, office buildings are
 rarely allowed to put much parking underneath their property, unlike other
 big cities where the city insists that buildings accommodate the vehicles
 of all the people working inside.
]]></description>
					  <author>no@spam.com (Anthony Stoeckert)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1300/1/A-Necessary-Convenience/Page1.html</guid>
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					  <title><![CDATA[Share and Share Alike]]></title>
					  <link>http://cooperator.com/articles/1299/1/Share-and-Share-Alike/Page1.html</link>
					  <description><![CDATA[ They&#8217;re the smallest pieces of the co-op puzzle.
 The one item without which the whole endeavor could not function. Just like
 in a Fortune 500 corporation, the shares in a co-op reflect value, and can
 be highly sought-after prizes&#8212;depending, of course, on the
 exclusivity of the address. But for all the talk of shareholders and
 shares, what do these items really represent, and how do they function?
 Even co-op owners themselves are sometimes unsure about exactly what it
 means to own shares, and how those shares are allocated.
]]></description>
					  <author>no@spam.com (Elizabeth Lent)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1299/1/Share-and-Share-Alike/Page1.html</guid>
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					  <title><![CDATA[Prewar Finances]]></title>
					  <link>http://cooperator.com/articles/1298/1/Prewar-Finances/Page1.html</link>
					  <description><![CDATA[ With all the luxury condos going up in New York City
 today, many people still maintain a soft spot for the city&#8217;s prewar
 apartment buildings. You&#8217;ll see them all around town&#8212;on Central
 Park West and Fort Washington Avenue in Manhattan; on Pelham Parkway and
 the Grand Concourse in the Bronx; and on Eastern Parkway and Ocean Parkway
 in Brooklyn.
]]></description>
					  <author>no@spam.com (Raanan Geberer)</author>
					  <pubDate>Wed, 31 Dec 1969 19:00:00 EST</pubDate>
					 <guid isPermaLink="true">http://cooperator.com/articles/1298/1/Prewar-Finances/Page1.html</guid>
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