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The Plight of the $36K Studio

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A West Village resident who paid $36,000 for her studio in 1988 has spent the past 22 years enduring a long and crazy fight over her apartment that has even lawyers' minds boggled. First, she refused an offer to be bought out of the apartment; then the owner of the rest of the building tried to sell it without owning her portion. Then new owners came in and fired her from the board, and somehow the co-op now owes three years of back property taxes. We can hardly keep up with all the twists and turns, but we've learned never to buy a $36,000 co-op. [malcolmcarter.wordpress.com]