Sunday, March 31, 2019

Country Clubs | Condos | Homeowners Association Fees

Country Clubs | Condos | Homeowners Association Fees

"Some older condos in South Florida communities built around country clubs are selling for as little as $1.

Stephan Burklin, for example, recently cut the asking price for a one-bedroom condo at Boca West Country Club from $10,000 to $1. Burklin also is offering to pay the buyer’s homeowners association fees for the first year. His mother and father lived there, but she died and he is moving to an assisted living facility, and the condo is too small for Burklin, 51, who is married and has three kids."

Friday, March 29, 2019

Chaos in Preckwinkle's Hyde Park condo: neighbors say she ignored their concerns | Chicago Sun-Times

Chaos in Preckwinkle's Hyde Park condo: neighbors say she ignored their concerns | Chicago Sun-Times

"Mayoral candidate Toni Preckwinkle owns a Hyde Park condominium where Chicago police have repeatedly responded to domestic-disturbance calls involving her 37-year-old son — and some residents say she doesn’t seem to have done anything to address their concerns."

-----------

Toni Preckwinkle is one of two remaining candidates for Mayor of Chicago, with the election being next Tuesday, April 2. She is currently running behind Lori Lightfoot, according to the limited polling we have. The last thing Preckwinkle needs is more bad press, and here it is.

Wednesday, March 06, 2019

Biggest developments in Chicago | Chicago development

Biggest developments in Chicago | Chicago development

Chicago has a bunch of huge downtown residential towers going up, with high-end condo units. The bottom end of the condo market is being devoured by investors who are turning them into apartment buildings using Section 15 of the Illinois Condominium Property Act. They get 75% of the ownership interests on their side, and sell the building.

Bill would give HOA’s taxing authority - Mississippi Center for Public Policy

Bill would give HOA’s taxing authority - Mississippi Center for Public Policy

I wonder if these people have thought this through. If they have taxing authority, then aren't they state actors, which triggers all sorts of statutory and constitutional obligations that HOAs don't want to assume?

‘No HOA’: Man makes entire house pink, says neighbors can’t do anything about it

‘No HOA’: Man makes entire house pink, says neighbors can’t do anything about it

Definitely a guy who shouldn't live in an HOA. And Exhibit A for why some people do want to live in HOAs.

Tuesday, February 26, 2019

Argument analysis: No clear resolution on whether First Amendment applies to public-access channels - SCOTUSblog

Argument analysis: No clear resolution on whether First Amendment applies to public-access channels - SCOTUSblog

The US Supreme Court just heard arguments in a case dealing with whether a not-for-profit corporation can be a "state actor" for purposes of applying constitutional rights. I will be watching this closely to see if the ruling has any implications for CIDs, especially big HOAs.



"The Supreme Court heard oral argument today in a case involving whether a private nonprofit corporation that runs a public-access TV channel is a “state actor,” who can be sued for violations of the First Amendment. After roughly an hour of debate, there was no clear winner in the case: The justices who spoke appeared to be divided, and two justices – Clarence Thomas and Neil Gorsuch – asked no questions at all."

If you would like to read more about Manhattan Community Access Corp. v. Halleck, follow the link.

Saturday, February 23, 2019

The Private Company Reshaping American Police Policy - CityLab

The Private Company Reshaping American Police Policy - CityLab

"The policy was written by Lexipol, a California-based company that says it provides policies for approximately 3,400 police, fire, and correctional agencies in 35 states. It has grown rapidly over the last 15 years and saturated California, where its clients include more than 90 percent of law enforcement agencies. It’s impossible to know just how far Lexipol’s reach has spread as the company declines to provide a list of clients, saying that it is proprietary information. But according to an analysis published last year in the Texas Law Review, “although there are other private, nonprofit, and government entities that draft police policies, Lexipol is now a dominant force in police policymaking across the country.”

As a result, a large portion of American police policy is now being drafted by a little-known private company with no public oversight."

Survival of the Richest – Future Human – Medium

Survival of the Richest – Future Human – Medium

A professor was invited to give a talk to a small group of super-rich hedge fund people. He thought they would want to hear about the future of technology to guide their investment decisions. Instead, they wanted to know about how they could escape the coming collapse of society.



"Taking their cue from Elon Musk colonizing Mars, Peter Thiel reversing the aging process, or Sam Altman and Ray Kurzweil uploading their minds into supercomputers, they were preparing for a digital future that had a whole lot less to do with making the world a better place than it did with transcending the human condition altogether and insulating themselves from a very real and present danger of climate change, rising sea levels, mass migrations, global pandemics, nativist panic, and resource depletion. For them, the future of technology is really about just one thing: escape.