Kids + Pets

Crazy for my co-op board

By Teri Karush Rogers | November 11, 2009 - 9:01AM
satisfaction.jpg

Co-op board bashing is something of a sport in New York City, so when we ran across this StreetEasy conversation (“Co-op boards: How much power do they really have?”), we prepared ourselves for some horror stories.

But among the tales of self-dealing, banana republics and just plain stupidity, we stumbled over an impassioned defense by a very satisfied customer. It kind of made us want to salute something—and find out what building he (or she) is talking about, because it sounds like a pretty nifty place to live….

"I like that if a resident has a vicious dog that terrifies children, barks all day and lunges at other pets, there's a board to address it and the shareholders don't have to.

I like that if an applicant runs a bondage porn website a board is likely going to ensure he won't be my neighbor.

I like that a board can monitor renovations and insure that dust doesn't escape into public halls, that the contractors clean up everyday and work only during specified hours and that the reno doesn't take more than 3-4 months.

I like that there are virtually no subletters in the building and appreciate the sense of community and safety that comes from that.

I love that a note left in the board's box gets a call within hours and any problems--big or small--begin to get addressed immediately.

And finally, since my home is my largest investment, I like to guard it zealously. I like that the building can be discerning about who it is that I share my investment with in terms of who is permitted to be a fellow shareholder. I like that the board imposes financial requirements and sifts financial data to decide who should be allowed to live with us. That's a strong plus to me--not a minus."

The commenter left us with some final words of wisdom:

"Coops aren't for cowboys. They're made for people who work and play well with others."

Related links:

Refi shame!

The scariest co-op board interview ever

Co-op bans holiday tipping

How to get canned from your co-op

NYC co-ops going to the dogs

Upper East Side co-op board terminates dying owner

Boards swallow their pride and go pop up

The downside of power plays

Teri Karush Rogers

Founder & Publisher

Founder and publisher Teri Karush Rogers launched Brick Underground in 2009. As a freelance journalist, she covered New York City real estate for the The New York Times. Teri has been featured as an expert on New York City residential real estate by The New York Times, New York Daily News, amNew York, NBC Nightly News, The Real Deal, Business Insider, the Huffington Post, and NY1 News, among others. Teri holds a BA in journalism and a law degree from New York University. 

Brick Underground articles occasionally include the expertise of, or information about, advertising partners when relevant to the story. We will never promote an advertiser's product without making the relationship clear to our readers.
topics: