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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.
I'm not sure I live on the same planet.Every once in a while I'm just like "wow I live a very different life from that person"
I promise there are a lot of benefits to living in a co-op whose board you have vetted and whose values you trust. But this is not the place to litigate this lol, just feeling salty about that capitalization of "NEVER" because of a financial decision I have literally just made. But I would rather live in a community that understands that we share those four walls than one which thinks that because they own those four walls they can do whatever they want in perpetuity. Dunne would have obviously done the latter, and I'm impressed that the board made this decision for their own well-being in the long run. Long live co-ops lolPretty 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.
I fully understand. I've lived in condo and townhouse communities where residents clearly did not share the same values. It's no joke if you have to share walls with someone who throws wild parties until 2 AM or makes inexplicable banging noises into the wee hours (carpentry? Self-harm?). The HOA was no help; it existed solely to shame people for leaving their garden hoses out for too long. Now we have a detached home in a quiet suburban neighborhood, but I think that if we had to live in NYC, we'd try to buy into a co-op.I promise there are a lot of benefits to living in a co-op whose board you have vetted and whose values you trust. But this is not the place to litigate this lol, just feeling salty about that capitalization of "NEVER" because of a financial decision I have literally just made. But I would rather live in a community that understands that we share those four walls than one which thinks that because they own those four walls they can do whatever they want in perpetuity. Dunne would have obviously done the latter, and I'm impressed that the board made this decision for their own well-being in the long run. Long live co-ops