Written by Frank Lovece on September 26, 2014
Co-op boards have presidents. Usually. But sometimes they have a queen, who takes property by royal fiat and ensconces her heir, the prince.
Such was the case at 4 W. 105th Street, just off Central Park West in Manhattan Valley — a neighborhood that changed dramatically from gang-ridden to high-biddin' in the timeframe involved. Not that this six-story, 35-unit building, completed around 1900, has itself changed that much. Then and now, it's a co-op in the nonprofit Housing Development Fund Corporation (HDFC) program, created to provide affordable housing for low- and middle-income individuals. Yet until this past December, apartment 4A has stood outside the program — populated by missing individuals, people with aliases and even the queen herself when she illegally sublet her own apartment down the hall.
Engage, enrage, ask questions and give answers with your community of board members. Submit your questions and comments here!
Co-op and condo board business broken down into bite-sized bits - 2 stories each week. Read now on all digital devices.