i have looked for a Co-op at Parkway Village, Kew Gardens, but i would cut my losses if i were you, the apartment looks nice but the property isnt maintained, there is no rush for pavement repair, or leaves removal, or chipped paint off the doorways. Not for nothing but paying 800 plus in maintenance in any other complex you see grounds well maintained and no garbage, paint is perfect.

Co-ops are co-ops; and boards can do as they please without any explanation.

“Co-op v. Condo” What’s the difference?

Simply put, the traditional housing “co-op” involves the formation of a corporation for the purpose of acquiring title to a multi-unit building and, in turn, leasing individual units (apartments) to the shareholders of the corporation; whereas condominium ownership involves acquiring title to individual apartments or units. In fact, condominium ownership is, for most practical purposes, only one form of cooperative housing and, like the “co-op”, must include provisions for management and maintenance of the building(s) and “common” areas, usually dictated by an elected Board of Managers, in the case of a condominium, and a Board of Directors in the case of a “co-op”.
The “condo” advantage of individual unit ownership can be compared to the benefit of being able to “choose” your neighbors in a “co-op” setting, where the application process is very often quite selective. In the sale of a “condo”, once a price is agreed upon, the deal is done; whereas the “sale” of a “co-op” requires approval by the Board of Directors—which can be (and often is) withheld based upon arbitrary selection criteria—with no recourse to the buyer or seller if the “sale” is not approved.
“Co-op” ownership represents an “interest” (i.e. stock) in realty; “condo” ownership is actual ownership of realty. Price differences reflect demographic and geographic distinctions. You decide what’s best for you.

Anna

The board was in a state of flux at that point in time- meaning it was time for board elections so new applications might have gotten put on hold for awhile.

I was considering buying a coop here a few years back. Then I did an online search and found that the board was fined millions for allowing workers to work with asbestos without proper permits and precautions. Look it up. This is one of the pitfalls of buying a coop - you are at the mercy of a board. A pain in the neck to get in, they have nothing better to do than overscreen people. Then, things like this can happen. Remember, its really their decision about the property and a coop is not real property its just a share you own in it. Plus, monthly "maintenance" fees are ridiculous. I'd just buy either a house or condo. Do a google search for "Parkway Village" and...stay away!