Seward Park Housing Corp.

New York, NY 10002
Co-op
Multiple Address Complex

A SECTION - 268 EAST BROADWAY
B SECTION - 266 EAST BROADWAY
C SECTION - 264 EAST BROADWAY
D SECTION - 417 GRAND STREET
E SECTION - 415 GRAND STREET
F SECTION - 413 GRAND STREET
G SECTION - 212 EAST BROADWAY
H SECTION - 210 EAST BROADWAY
J SECTION - 208 EAST BROADWAY
K SECTION - 387 GRAND STREET
L SECTION - 385 GRAND STREET
M SECTION - 383 GRAND STREET
About

Seward Park Coop is a vibrant, multi-generational community on 13 landscaped acres in Manhattan's Lower East Side. Four 20-story residential buildings surround gated green spaces featuring children's playgrounds, flower and vegetable gardens, and grassy areas for lounge and play. In warm weather, residents and their guests enjoy Adirondack chairs throughout the grounds while their children cool off in the playgrounds' water features. Within the buildings, each lobby boasts an original Hugo Gellert mural that depicts scenes and images of the social, political, and scientific ideals and achievements promoted by the Socialist labor unions that founded New York's coops in the mid-20th century. The lobbies are attended 24 hours a day; access is secured by an electronic key fob system. Renovated elevators and public hallways lead to spacious apartments with ample windows. Each building has a state-of-the-art laundry room on the ground floor that is open 24/7 and monitored continuously with security cameras. A fully equipped gym is also open and monitored 24/7 and offers cable television and WiFi while you exercise on the range of modern equipment. Families with young children enjoy the brand new playroom that is stocked with new toys, books, and play structures and can be rented out for parties and playgroups. Also on the premises are a community room and a club room for all types of gatherings and events. A shared office space provides users with an area outside the home to conduct business, use professional office equipment, and reserve one of the two conference rooms. Valet parking in the attended underground garage is available by the hour; shareholders can join a waitlist for access to monthly parking in either the indoor or outdoor parking areas.

 Seward Park is surrounded by historic institutions of culture, art, and education, including the famed Abrons Art Center, the venerated Manny Cantor Center (also known as the Educational Alliance), and the 110-year-old Seward Park branch of the New York Public Library. The coop's own commercial businesses along Grand and Clinton Streets include conveniences like a U.S. Postal Service branch, a dry cleaners, a grocery store, a pharmacy, and a Citibank. Gustatory delights like Doughnut Plant, Kossar's Deli, Pickle Guys, Randall's Barbeque, Saluggi's East, and Vin Vero Wines round out the offerings. New neighbor Essex Crossing brings additional convenience and recreation with a Target store, the largest Trader Joe's on the East Coast, and a 14-screen Regal Cinemas, a bowling alley, an International Center of Photography outpost, and the much anticipated new Essex Market and underground Market Line. Public transportation options abound: M14, M9, and M22 busses serve the area, along with F trains at East Broadway or Delancey/Essex; J, M, and Z trains at Delancey/Essex; and B and D trains nearby on Grand and Chrystie. Several Citibike stations are within the coop's blocks.

Visit: https://sewardpark.activebuilding.com

Applications
Property Contacts Greenthal full logo jot2 01

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Questionnaires

Have a questionnaire completed by property management.
Documents

Offering Plan

Reconstitution Plan - Seward Park $150.00 12/19/19

By-Laws

By-Laws (November 2009) - Seward Park Free
12/19/19

House Rules

House Rules - Seward Park Free
12/19/19

Building Financials

2015-2016 Financial Statement - Seward Park $50.00 07/13/20
2016-2017 Financial Statement - Seward Park $50.00 07/14/20
2017-2018 Financial Statement - Seward Park $50.00 07/13/20
2018-2019 Financial Statement - Seward Park $50.00 07/24/20
2019-2020 Financial Statement-Seward Park.pdf $50.00 07/30/20

Questionnaire

Greenthal Questionnaire.pdf $50.00 10/21/19

Lease

Proprietary Lease (Blank) - Seward Park Free
12/19/19

Tax Abatement

Tax Abatement Primary Residence Verification Form.pdf Free
10/21/19

Other

2019 Budget - Seward Park Free
12/19/19
Alteration Agreement (Updated 9.11.2019) - Seward Park Free
12/19/19
Decoration Agreement (9.11.19) - Seward Park Free
12/19/19
Dog Registration Form & Policy (Jan 2019) - Seward Park Free
12/19/19
Seward Park Housing Corp. 11-30-19 F-S.pdf Free
07/24/20
Additional Services

BoardPackager Services are administered exclusively by BoardPackager. All services are separate from those provided by Property Management Companies to their clients. All BoardPackager services are provided with full knowledge and cooporation with Property Management, but without Property Management supervision. Any fees associated with services offered are BoardPackager fees.
Building Policies

General Policies

Guarantors Allowed
Subletting Allowed
Must own for 2 years prior to subleasing
Parents Buying for Employed Child(ren) Allowed
Must obtain occupancy agreement from Coop's attorney upon Board approval
Parents Buying for Student Child(ren) Allowed
Must obtain occupancy agreement from Coop's attorney upon Board approval
Homeowner's Insurance Required

Financing Policies

Max Financing as %
80% of purchase price

Additional Building Information

-Twenty-percent (20%) or $15,000 cash deposit (whichever is greater) required for financed purchases.

-Children can purchase for Parents (must obtain occupancy agreement from Coop's attorney upon Board approval).

-Ownership may be in an individual name or in case of multiple owners as Tenants in Common, Joint Tenants with Right of Survivorship, or, for married couples only, as Tenants by the Entirety. Purchasers should consult with their attorneys for explanation of forms of ownership.

-Occupancy of apartment by owners(s) of record with their immediate family members. Occupants over 18 not on the stock & lease must be residing with a Shareholder of Record or else Sublet Fees will apply.

-Total annual carrying charges cannot exceed 30% of annual income.

-Owner(s) must provide a certificate of insurance evidencing liability coverage of at least $1,000,000.
Amenities

Special Amenities

Laundry Room
Bike Storage
Fitness Center
Community Room
Storage
Package Storage
Basement/Storage Unit on Site
Elevator
Children's Playroom
Club Room
Bike Storage(Indoor/Outdoor)
Shared Office Space

Outdoor Spaces

Lawn Chairs
Private Garden/Yard
Children's Playground

Parking

Valet

On Site Services

24 Hour Security

Utilities

WiFi Available
Verizon Fios
Time Warner

Pets

Cats & Dogs OK, Dogs have to be interviewed

Building Type

Co-Op
Building & Management Fees

Co-Op Sale

Payor Building Fees Amount Due Upon Recipient
Buyer Application Fee $500 Submission Mgmt
Buyer Application Fee (due to coop) $100 Submission Bldg
Buyer Credit/Criminal History Check $155 per person (includes adult occupants) Submission Mgmt
Buyer Financing Fee $200 Submission Mgmt
Buyer Financing Fee (due to coop) $50 Submission Bldg
Buyer Guarantor Credit/Criminal Report Fee (non-refundable) $155 per applicant, if applicable Submission Mgmt
Buyer Move in Deposit (refundable) $500 Submission Bldg
Buyer Transfer Fee $5000 (Estate transfer if applicable per person) Submission Bldg
Seller Move Out Deposit (refundable) $500 Submission Bldg
Buyer Dog Registration $25 per dog (if applicable) Closing Bldg
Buyer Next Month's maintenance $Next Month's maintenance Closing Bldg
Seller Closing Fee $500 Closing Mgmt
Seller Closing Fee (due to coop) $100 Closing Bldg
Seller Final Electric $TBD Closing Mgmt
Seller Flip Tax $17.5% or 5% Sales Price Closing Bldg

Co-Op Sublet

Payor Building Fees Amount Due Upon Recipient
Shareholder Move Out Deposit (refundable) $500 Submission Bldg
Subtenant Application Fee $400 Submission Mgmt
Subtenant Application Fee (due to coop) $100 Submission Bldg
Subtenant Credit Check Fee $155 per person (includes adult occupants) Submission Mgmt
Subtenant Guarantor Credit/Criminal Report Fee (non-refundable) $155 for each applicant (if applicable) Submission Mgmt
Subtenant Move in Deposit (refundable) $500 Submission Bldg
Subtenant Dog Registration $25 (per dog if applicable) Closing Bldg

Less Refinance

Payor Building Fees Amount Due Upon Recipient
Shareholder Application Fee (due to coop) $50 Submission Bldg
Shareholder Processing Fee $200 Submission Mgmt

More Refinance

Payor Building Fees Amount Due Upon Recipient
Buyer Application Fee (due to coop) $50 Submission Bldg
Buyer Processing Fee $200 Submission Mgmt

Sublet Renewal

Payor Building Fees Amount Due Upon Recipient
Shareholder Sublet Renewal Fee $200 Submission Mgmt
Shareholder Sublet Renewal Fee (due to coop) $100 Submission Bldg

Co-Op Transfer - Add Name

Payor Building Fees Amount Due Upon Recipient
Shareholder Credit/Criminal History Check $155 per person (includes adult occupants) Submission Mgmt
Shareholder Processing Fee $200 Submission Mgmt
Shareholder Seward Park Housing Corp. Fee $5000 per person (non-spouses) Submission Bldg

Co-Op Transfer - Remove Name

Payor Building Fees Amount Due Upon Recipient
Shareholder Processing Fee $200 Submission Mgmt
Processing

Single Application Initiation Fee

One-time fee paid by the person who begins the application

Payor Type Amount Due Upon
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
$50
$100
Free
Initiation
Initiation
N/A
Application Participants Any Free N/A

Digital Submission Fee

Payor Type Amount Due Upon
Applicant Purchase
Lease/Sublet
Renewal
$45 Complimentary
Shareholder Refinance $45 Complimentary
Any Transfers Transfer $45 Complimentary

App Admin Fee

Payor Amount Due Upon
Any Participant Paying Building Fees 5% of Total
(excluding Digital Submission & Initiation Fees)
Submission
Property Management

Property managed by:
Greenthal full logo jot2 01
All building information and documentation provided by property management.
02/24/21
Total Fees: 3569
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