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Ehh, we don't want her here, either.Yep. Would not want to live in the same building as Livvy Dunne, or any influencer.
Looks like she got a big “f*ck off back to Jersey”
Co-ops are a bit different from condos. Condos, you're buying a unit in a building and pay into institutional fees for general building maintenance (the HOA). Co-ops (and someone correct me here), you're buying a share of the building itself. It's considerably more responsibility and investment, and the review process for if they want you to be a part-owner in their investment is considerably more intense, and the rules for living there are often stricter than HOAs. They still can't discriminate for protected statuses, but there's a lot more control over who you want to be your neighbor.I wouldn’t want to live next door to her either but I do think it’s a bit weird and open to abuse that residents of a building get to vote on who moves in.
think it’s a bit weird and open to abuse that residents of a building get to vote on who moves in.
Pretty much. When you buy a coop you are actually buying shares in the corporation that owns the building. Coop Boards have a lot of control over things (as opposed to Condo Boards because as you correctly stated when you own a condo you actually own your own 4 walls). I would NEVER buy a coop for that reason. Coop Boards can be a nightmare. That said, wanting to keep attention seeking idiots with potentially unpleasant fan bases out is not only understandable but highly desirable from an owners/residents perspective.Co-ops are a bit different from condos. Condos, you're buying a unit in a building and pay into institutional fees for general building maintenance (the HOA). Co-ops (and someone correct me here), you're buying a share of the building itself. It's considerably more responsibility and investment, and the review process for if they want you to be a part-owner in their investment is considerably more intense, and the rules for living there are often stricter than HOAs. They still can't discriminate for protected statuses, but there's a lot more control over who you want to be your neighbor.
And NYC is pretty famous for not wanting to deal with people interested in drawing attention for being famous--it's where rich people go to be quietly rich and live in a nice little rich bubble.