A Sublet Fee Proposal

Over the last several years the co-op’s sublet policy has undergone quite a few changes. Sublet fees have been raised several times.  Shareholders now give up amenities like parking and storage while they sublet, and drop to the bottom of amenity waiting lists if they sublet for more than two years.  At one point the Board passed a rule that would have limited subletting a given apartment to only two or three out of every seven years, but that rule was quickly reversed. Continue reading