
Co-op Board
A Co-op Board is a group of residents or appointed members responsible for overseeing the management and governance of a cooperative housing building. They review and approve prospective buyers or renters, establish building policies, and ensure proper operation and maintenance of the property. Essentially, the board acts as a governing body, making decisions to protect residents' interests and uphold the building's standards. Participation typically requires residents to serve on the board, attend meetings, and follow the established rules. Their role helps maintain community quality, safety, and the property's long-term value.