New York's Cooperative and Condominium Community

Habitat Magazine Business of Management 2021



The five story co-op at 199 East 7th Street has been around since that part of the chi-chi East Village was still known as the Lower East Side. The name transition was just beginning when Mary Veronica Santiago-Monteverde and her late husband Hector Santiago moved there in 1965, more than a quarter-century before the rent-stabilized walkup was converted in the co-op boom of the eighties.

And three decades down from that, the fate of a 79-year-old widow will impact like a meteor on everything co-op boards think they know about their grandfathered, rent-stabilized tenants.

Ask the Experts

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Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments

Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise

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