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Co-op boards

Condo Boards Are Behaving Like Co-ops--Will The Trend Reverse Itself Or Continue?

Condo Boards Are Behaving Like Co-ops--Will The Trend Reverse Itself Or Continue?

As the number of condominium products grows, there’s mounting pressure among condo boards to operate their buildings efficiently and to maintain the character of their residences in the best interests of unit owners. Increasingly condos are trying to exert more control over resales, imposing conditions for granting waivers and even implementing new policies—behaving very much like their co-op cousins.  

THE CO-OP BOARD REVIEW CHALLENGE

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THE CO-OP BOARD REVIEW CHALLENGE

What do Richard Nixon, Madonna, Antonio Banderas and Melanie Griffith, a hedge fund superstar, a foreign national family man, and a successful litigator have in common?  Answer:  they are co-op board rejects. 

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