Re: All-Rental Community

Sharon Villines
 

On Jun 30, 2020, at 9:51 PM, Steve Taylor <steveastrouk@...> wrote:

On Tue, 30 Jun 2020 at 21:08, Sharon Villines via groups.io <sharon=sharonvillines.com@groups.io> wrote:
such as the cooperative buildings in Manhattan, where cooperatives began, the owners own shares in the organization/corporation, usually

You mean specifically housing co-operatives here ? Co-operatives in general most certainly did not begin in Manhattan !

Yes. As I understand it they started with the huge mansions in the city. Families scattered and others were down in income so they broke up the mansions and created cooperatives. They had full control over whom they accepted and they were often life time friends in the same boat. Many of the mansions already had separate suites so it didn’t even require a big overhaul.

Sharon

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