i called the lawyers office on Friday tying to find out particulars on the auction, such as type of payment required, any minimum bid or reserve price.
the lawyers office told me the auction was cancelled, so they wouldn't give me any information.
Contacted a board member, who contacted the president and the building agent manger, they said the auction was still on.
This is crazy, but typical sad to say of this building.
They need to reschedule due to lawyers office not providing correct information to potential buyers, if in fact it is not cancelled.
otherwise it is a set up for a inside deal.
I believe the Bank paid off the co-op on Friday , so there is no money owed to the co-op now and the bank has the right to auction it.
This would make a lot simplifier for a buyer.
