Halloween may be over, but that doesn't mean that living in a co-op or condo community can't be scary sometimes. And while multifamily real estate is rarely haunted in a truly spectral sense, eerie goings-on still take place, sending chills down the spines of owners and shareholders.
The Cooperator reached out to a handful of real estate professionals to plumb the darker depths of communal living; these are their stories.
Sometimes, an owner's behavior is a horror simply because it causes so much more work for their community's property manager.
“A complex in Queens allowed some Halloween displays in front of its garden unit, and one owner took it to the extreme; ghosts, goblins, tombstones, witches, you name it,” recalls Steve Elbaz, founder and president of Esquire Management Corp. in Brooklyn. “To be honest, it scared the hell out of me. And other residents found it offensive. So we got into a debate about what's permitted and what is not, which is a slippery slope to go down. After a lengthy negotiation, we toned it down.”
Other times, it's the appearance of some unexpected and unwelcome critters that can give someone the jitters.