With so many different types of housing out there, you can’t blame first-time homebuyers in many large cities in America for asking themselves, “What is a co-op?” But a housing cooperative is more than a condo with a board of directors, bylaws, shares and complicated board approval process. It’s also a historic method for providing more affordable housing options for people in cities like New York City and of giving the people who live in these places more say in how their building is run instead of ceding that power to a landlord or management company. Read the article…………………………….
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