New Visitor To Governor's Island

Joe Kerr · 06-23-2004, 04:17 PM

Some news sources said that no one from the Spears family or organization made application to the association to buy on Governor's Island. And no one representing them received approval to buy. What's that all about?

Since when does a prospective property buyer need to be "approved" before they can buy a home? This isn't approval for a mortgage but for some other screening process. I understand that some developments for seniors, and some condo and cooperative complexes have requirements for new owners but a private home on Gov Island?

Can someone explain what this Governor's Island Association is all about? What qualifies you to be approved or not approved?

06-23-2004, 04:17 PM	#20
Joe Kerr Senior Member Join Date: Apr 2004 Location: Massachusetts Posts: 92 Thanks: 23 Thanked 16 Times in 5 Posts	Gov Island Assoc needs to APPROVE buyers ? Some news sources said that no one from the Spears family or organization made application to the association to buy on Governor's Island. And no one representing them received approval to buy. What's that all about? Since when does a prospective property buyer need to be "approved" before they can buy a home? This isn't approval for a mortgage but for some other screening process. I understand that some developments for seniors, and some condo and cooperative complexes have requirements for new owners but a private home on Gov Island? Can someone explain what this Governor's Island Association is all about? What qualifies you to be approved or not approved? __________________ ~ Joe Kerr