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isowater t1_j0nfazp wrote

Reply to comment by [deleted] in How NYC Co-Ops Are Saving Themselves by Breaking Their Own Rules by bikeskata

You're gonna love working with HOAs then. It's reasonable to require contractors carrying insurance in case they fuck shit up. I've lived in a few coops and the rules are reasonable unless you're an asshole.

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[deleted] t1_j0ngzaa wrote

[deleted]

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Shoddy-Lawfulness-26 t1_j0o21j7 wrote

This is why reading the minutes of your coop board is important before buying. It’s important to do as much diligence on the building as they do on you.

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[deleted] t1_j0o2hqi wrote

[deleted]

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Shoddy-Lawfulness-26 t1_j0o2og5 wrote

This is why coops are cheaper than condos and there have not been any coop conversions in the past 25 years. This article feels very dated…there’s a price for anything.

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