No Board Approval Co-op

Isn't "No Board approval" more a function of the sponsor controlling the unit than of the building's governance structure? If you want a building where the Board has little control over entry, why look at coops at all?

First choice is a Condo, but get more bang for buck with Co-op's. I see listings that are Condops, or Co-ops that promote the "no board approval" aspect. Want to get most ofr money as possible, just dont want anything to do with board

West81st's right, no-board-approval co-ops are indeed sponsor sales, and they often ask a premium knowing how valuable avoiding a board interview can be. It also used to matter that a sponsor sale's down payment requirement is often 10%, but with most (all?) banks demanding 20% now, it doesn't really make a difference.

I've also heard (but can't say I'm sure) that most true condops are land-lease buildings, which is a big negative to me.

Sorry, don't know a resource specifically for sponsor sales.