Shareholder ​Responsibilities

Please click on the Menu at ​the top right of this page to ​see the list of topics


Steering the Ship


  • Election Power: One of the most crucial roles of a shareholder is ​electing the Board of Directors. The board is responsible for overseeing ​the building's operations, finances, and upholding the bylaws. Your ​vote plays a vital role in choosing who represents your interests and ​manages the co-op.


  • Voting on Issues: Shareholders have the opportunity to vote on various ​matters beyond board elections. This could include major renovations ​or changes to our bylaws.


  • Holding the Board Accountable: Shareholders have the right and ​responsibility to attend board meetings and raise concerns. The board ​should be transparent and responsive to shareholder questions and ​feedback

Building a Strong Community


  • Understanding the Bylaws and House Rules: These documents outline ​the co-op's operating guidelines, including everything from ​maintenance procedures to pet policies and noise restrictions. ​Familiarizing yourself with these rules is important for ensuring a ​smooth living experience for yourself and your neighbors.

Financial Responsibility


Co-op fees are the lifeblood of the building, covering maintenance, ​utilities, insurance, and property taxes. Paying your fees on time is crucial ​for the co-op's financial health.


  • Maintaining Your Property: While major repairs are covered by the co-​op, you're still responsible for maintaining your apartment's interior. ​This includes things like repairs to appliances, plumbing within your ​unit, and keeping the space in good condition.


  • Respecting the Community: Living in a co-op means living in close ​proximity to others. Being considerate of your neighbors and adhering ​to house rules fosters a harmonious and respectful environment for ​everyone.

Shareholders play a vital role in shaping the success of the co-op. By ​actively participating, upholding your responsibilities, and engaging with ​the board, shareholders can ensure a well-maintained building, a strong ​sense of community, and ultimately, a sound investment for you and your ​fellow shareholders. This website will be a platform to facilitate ​communication, share information, and empower you to be an active ​participant in our co-op community.