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  • Boards
    Coop Board President Power
    Updated over 9 years ago
    How much power does the coop board president have over the rest of the board ie can he/she make small decisions without the rest of the boards consent AND also boss...
    Read more 8 comments
  • Boards
    rejection reasons
    Updated over 9 years ago
    Anyone ever heard of a board rejecting a buyer before a purchase application is even submitted?
    Read more 16 comments
  • Boards
    Neighbor has Cat in No Pet Coop
    Updated over 9 years ago
    When I moved into my apartment the board mentioned that this was a no pet building. I had been hearing the sounds of an animal running upstairs and I had thought it...
    Read more 11 comments
  • Boards
    Interview
    Updated over 9 years ago
    The walls of the co-op I want to purchase are white, likely for showing. I already know that I want off-white in the living room and seafood in the bedroom. Both are...
    Read more 6 comments
  • Boards
    Coop interview - Asking more details
    Updated over 9 years ago
    We had our coop interview. But we found out that they would not consider our bonus in their DTI calculation which will bring us higher than 30%. They ask to provide 8...
    Read more 6 comments
  • Boards
    Property Manager on the board?
    Updated over 9 years ago
    I am new to a building whose Property Manager is also on our board. Is this a typical arrangement? I feel that should an issue arise with this agent, I would have no...
    Read more 5 comments
  • Boards
    Assessment of applicant's financial standing
    Updated over 9 years ago
    I am in the process of purchasing a unit in a coop building in NYC. My debt service ratio is 28%, and my post closing liquidity is about 6x. How flexible are boards...
    Read more 3 comments