Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
I agree, so many Co-ops in NYC are owned by people with giants sticks up their butt. They get in your business for every little thing, so if it's a major offense they will make it their life's mission to force you out
Which is why you see so many flocking to condos or purchasing brownstones/townhouses to convert into single family homes. Many either moving to NYC or even natives just aren't willing to subject themselves to the co-op *process* to get in and live under someone else's rules in their own home that they are paying vast sums.
Co-op comes from "cooperative" which is the key word. If you don't want to "cooperate" with the group and majority rules then co-op living probably is not for you. Personally if one had the funds would also purchase a brownstone or maybe live in NJ before living with a bunch of persons always up in my business.
Manhattan has a less than one-percent vacancy rate. All of these shenanigans are keeping apartments off the market and allowing a few well-placed people to make money off of their rent stabilized units. It’s fraud and makes an already brutal apartment market even worse.
Manhattan has a less than one-percent vacancy rate. All of these shenanigans are keeping apartments off the market and allowing a few well-placed people to make money off of their rent stabilized units. It’s fraud and makes an already brutal apartment market even worse.
Really do agree in every way.
Their fellow tenants should turn on them, and turn them in, simply on principle.
This would have been a better poll if phrased differently.
Perhaps the question should be about whether people should be allowed to occasionally rent out their places.
Perhaps the question should be about whether people should be allowed to rent out their places for less than a month.
Perhaps the question should be about whether renting out their apartment is properly something the government should be banning.
Perhaps the question should be whether greedy hotels should be allowed to charge so much that it becomes prohibitive to be a middle-class tourist here (in which case renting out your aparment is helping the economy).
Perhaps the question should be about how much we should be spying on each other.
Which is why you see so many flocking to condos or purchasing brownstones/townhouses to convert into single family homes. Many either moving to NYC or even natives just aren't willing to subject themselves to the co-op *process* to get in and live under someone else's rules in their own home that they are paying vast sums.
Co-op comes from "cooperative" which is the key word. If you don't want to "cooperate" with the group and majority rules then co-op living probably is not for you. Personally if one had the funds would also purchase a brownstone or maybe live in NJ before living with a bunch of persons always up in my business.
Many condos either have already or are in the process of adopting many of the same rules that co ops have had for years.They learned the hard way that having no rules in apartment buildings results a poorer quality of life for everyone.
Many condos either have already or are in the process of adopting many of the same rules that co ops have had for years.They learned the hard way that having no rules in apartment buildings results a poorer quality of life for everyone.
True, true.
When the financial crisis and recession hit NYC even in Manhattan no small number of condo owners couldn't make payments and tried to bail to anyone with a check book and a heart beat, and or were doing various things with their apartments that started to worry residents; so things have begun to tighten up. Fueling this was the fact that the strict co-ops including many of the "white glove" buildings on the upper west and east sides had nil to no problems. Since shareholders were thoroughly vetted beforehand up to and including limits on financing (where it was allowed at all) meant that most if not many were in pretty good shape.
Also many condo buildings are finding the fact that *anyone* can purchase in does not always sit well with a certain demographic they may be trying to attract as residents. While there is often no great love for strict co-ops by some, others like the fact they "know* their neighbors and not just anyone with money from god only knows where can purchase.
I agree, so many Co-ops in NYC are owned by people with giants sticks up their butt. They get in your business for every little thing, so if it's a major offense they will make it their life's mission to force you out
They can only get in your business if you allow it. My building is small so we are all the Board and really are not in each other's business. If we approve the sell of an apt. We have interviewed that person and the person agrees to certain things and signs documents of these agreements. We expect them to keep up their end of the agreement.
Most will send an email telling everyone that someone moved in with them, so if we see someone come in with a key that we dont know, we won't be alarmed. They'll let us know if they are having a party etc. Everybody agrees to smoke and drink in their apts. No one pays attention to burning weed smells.
But seeing different people with keys and suitcases every night is pushing it.
They can only get in your business if you allow it. My building is small so we are all the Board and really are not in each other's business. If we approve the sell of an apt. We have interviewed that person and the person agrees to certain things and signs documents of these agreements. We expect them to keep up their end of the agreement.
Most will send an email telling everyone that someone moved in with them, so if we see someone come in with a key that we dont know, we won't be alarmed. They'll let us know if they are having a party etc. Everybody agrees to smoke and drink in their apts. No one pays attention to burning weed smells.
But seeing different people with keys and suitcases every night is pushing it.
How many units?
__________________
"The man who sleeps on the floor, can never fall out of bed." -Martin Lawrence
11 it would be 13, but I know you know a lot about buildings. You know how there is usually a small apt on the 1st floor that is cut of by the stairs in older Manhattan buildings? That is our building office. We don't have a live in super and we use that apt for meetings, and people that live the building can use it for parties, we have a small fee for clean up.
Last edited by DAS; 12-03-2013 at 09:25 PM..
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
