Typical NYC Coop Board Interview

By
Real Estate Agent with Compass
https://activerain.com/droplet/46ZH

 

Co-op ownership differs from that of Condominiums in that you own shares in a Corporation instead of holding Title to a piece of property.  The Corporation is governed by a Board of Directors.  It is this Board that establishes what the requirements are in order to purchase an apartment in their building. After board application package is submitted and reviewed, the board will request an interview.

 

 

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Rainmaker
2,346,102
Roger D. Mucci
Shaken...with a Twist 216.633.2092 - Euclid, OH
Lets shake things up at your home today!

Mitchell, that is hysterical, I love it....

Nov 18, 2013 02:36 AM #1
Rainmaker
368,590
Miriam Bernstein, CRS
Rochester, NY

Very funny, 

Nov 18, 2013 03:03 AM #2
Ambassador
1,896,191
Hannah Williams
Re/Max Eastern inc. - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-953-8818

Mitchell  Great interview ..Too funny  Please don't leave

Nov 18, 2013 04:00 AM #3
Rainmaker
596,551
Mitchell J Hall
Compass - Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

http://activerain.com/blogsview/397175/manhattan-new-york-city-relocation-package-

check the links out. None work. Each time I fix it works for a minute then goes Bad.

 

Any consumers or real estate professionals interested in Manhattan Relocation please go here since this site does not function properly.

http://nycblogestate.com/p/relocation.html

 

 

Nov 18, 2013 04:35 AM #4
Rainmaker
4,273,116
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Mitchell,

Great video, and I hope that AR fixes this quickly. A

Nov 18, 2013 06:42 AM #5
Rainmaker
596,551
Mitchell J Hall
Compass - Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

Thanks, fixed the profile thanks to help from the brilliant Craig Daniels. He's helped many rainer's with tech issues.

Check out Craig's informative blog Craig's Classroom and his website: Craig's Classroom tech Blog.

 

Not working again, It's a a bug in system.

Nov 18, 2013 07:05 AM #6
Rainmaker
1,156,200
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Very funny.  We only have a couple of coops on the Westside here, so fortunately, I have not had to deal with them and try and shy away. The two I am familiar with are almost impossible to get a loan on, and I cannot imagine having to go through all the hoops to live in a home you don't own. I wonder why it took off so much on the East Coast and not the West.

Nov 18, 2013 10:03 AM #7
Rainmaker
4,796,309
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I think many of this Coop Board's directors own some condos down here in Florida!  

Nov 18, 2013 09:07 PM #8
Rainmaker
596,551
Mitchell J Hall
Compass - Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

Jane, Cooperative living got its start in the 1880's, inspired by Charles Fourier, a French socialist who argued that cooperation bred efficiency. A French immigrant to New York named Philip Hubert picked up on the idea and built the first co-op, the Hubert Home Club, near the current site of Carnegie Hall.

According to the New York Times, despite their utopian origins, co-ops quickly turned into a celebration of capitalism and exclusivity.

Today, co-ops-which sell shares in a corporation that owns the building, rather than individual apartments-- make up the bulk of our housing. As always, the boards have the right to reject any buyer who doesn't quite fit, however they define "fit”.  

Socialism turned into New York style elitism.

Gabe, LOL!

 

 
Nov 18, 2013 09:50 PM #9
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Mitchell J Hall

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