5 West 14th Owners Corp.

10 West 15th Street

New York, NY 10011
Co-op
About
10 West 15th Street is a full service 24 hour doorman cooperative built in 1964
Applications
10 West 15th Street - Sale
10 West 15th Street - Sublet
10 West 15th Street - Transfer
Property Contacts Century logo pms 01

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Documents

Offering Plan

Offering Plan - 10 West 15th Street $250.00 12/12/19

By-Laws

By Laws - 10 West 15th Street $50.00 12/12/19

House Rules

House Rules - 10 West 15th Street Free
01/23/20

Building Financials

2016 Financials - 10 West 15th Street $50.00 12/12/19
2017 Financials - 10 West 15th Street $50.00 12/12/19
2018 Financials - 10 West 15th Street $50.00 12/12/19

Bank Questionnaire

Century Questionnaire FAQs.pdf Free
12/12/19

Moving & Delivery

Moving & Delivery Policy Procedures - 10 West 15th Street Free
01/23/20

Lead Brochure And Sample Coi

Lead Brochure.pdf Free
01/23/20
Sample Certificate of Insurance - 10 West 15th Street Free
01/23/20

Closing Information & Fees

Century Closing Procedures.pdf Free
12/13/19
Closing Fees - 10 West 15th Street Free
12/12/19
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.
Hire a Specialist
Any user can engage a BoardPackager Specialist to assist with completion and submission of a Board Packager to a Property Management company.
There is a fee associated with each engagement that is payable to BoardPackager
Building Policies

General Policies

Pets Allowed Pets not permitted for sublets.
Subletting Allowed Shareholders must be in good standing and current on all payments to the cooperative for the past two (2) years. Shareholder must write a letter to the Board requesting permission to sublet prior to submitting an application. The approval to sublet will be good for 1 year. If the apartment has not been sublet within the 1-year period, the shareholder will be required to reapply if still interested in subletting. One (1) year lease term only. The apartment can be sublet for two (2) years in a five (5) year period.
Homeowner's Insurance Required
Renter's Insurance Required

Additional Building Information

    Effective Immediately: A complete application package must be submitted electronically. Use the link above to apply online.

    Notice to Brokers: Management strongly advises a Broker start the online process. Once you begin the application, you will have the ability to invite applicants and unit owners to the online application.

    Notice to Owners: If you or the applicant do not have a broker, please have the applicant start the application process.

      • Maximum Financing Permitted:
        • You may not finance more than 75% of the cost of the shares of the apartment for conventional fixed-rate mortgages and fully amortizing adjustable-rate mortgages
        • OR 50% of the cost of the shares of the apartment for interest-only mortgages as well as any form of mortgage with the potential for negative amortization.
      • Sublet Renewal Policy:
        • Must request permission from the Board for a second-year renewal to SAME subtenant
        • All renewal requests should be made no more than 90 days and no fewer than 30 days prior to the subleases expiration.
        • The apartment can be sublet for two (2) years in a five (5) year period.
      • Trusts: Trusts evaluated on a case-by-case basis and subject to Coops attorney guidance and approval.
      • Open House Policy: 
        • Open Houses must be scheduled in advance.
        • Listing agent must be present at all times and escort their prospective buyers. No Exceptions.
      • Refinance Applications: Please contact property manager Lisa Golub at lgolubcenturyny.com.

      Important Information Regarding Questionnaire Payment: Due to restrictions with the coronavirus we currently are not accepting checks for questionnaires. Only form of payment is by credit card(option 1 on questionnaire instruction sheet).

      Amenities

      Building Type

      Co-Op
      Building Fees

      Co-Op Sale

      Payor Building Fees Amount Due Upon
      Buyer Background check fee to purchase the shares of 5 West 14th Owners Corp. $50 per person Submission
      Buyer Co-op Processing fee to purchase the shares of 5 West 14th Owners Corp. $300 Submission
      Buyer Management Processing fee to purchase the shares of 5 West 14th Owners Corp. $500 Submission
      Buyer Move-In Deposit $1,000 Submission
      Buyer Move-In Fee $500 Submission
      Seller Move-out Deposit $1,000 Submission
      Seller Move-out Fee $500 Submission
      Buyer Other Fees Download "Closing Fees" Document Closing
      Seller Other Fees Download "Closing Fees" Document Closing

      Co-Op Sublet

      Payor Building Fees Amount Due Upon
      Shareholder Move-out Deposit $1000 submitted to the Property Manager at least five business days prior to the shareholder moving out. Submission
      Shareholder Move-out Fee $500 submitted to the Property Manager at least five business days prior to the shareholder moving out. Submission
      Subtenant Co-op Processing Fee $300 Submission
      Subtenant Consumer Credit Report Fee $50 per person Submission
      Subtenant Management Administration Fee $500 Submission
      Subtenant Move-In Deposit $1000 submitted to the Property Manager at least five business days prior to the subtenant moving in. Submission
      Subtenant Move-In Fee $500 submitted to the Property Manager at least five business days prior to the subtenant moving in. Submission
      Shareholder Sublet Fee 20% of monthly maintenance, billed monthly for duration of lease Upon Approval

      Co-Op Transfer

      Payor Building Fees Amount Due Upon
      Shareholder Consumer Credit Report Fee $50.00 per person Submission
      Shareholder Management Administration Fee $500 Submission
      Shareholder Move-out Deposit $1,000 Submission
      Shareholder Move-out Fee $500 Submission
      Subtenant Move-In Deposit $1,000 Submission
      Subtenant Move-In Fee $500 Submission
      Shareholder Other Fees Download "Closing Fees" Document Closing
      Processing

      Single Application Initiation Fee

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

      Payor Fees Amount Due Upon
      Application
      Initiator
      If Agent or Attorney

      If Applicant or Owner
      $50

      $100
      Initiation
      Application Participants Any Free N/A

      Digital Submission Fee

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

      Card Processing Fee

      Payor Fees Amount Due Upon
      Any Participant Paying Building Fees Card
      Processing
      5% of Total
      (excluding Digital Submission
      & Initiation Fees)
      Submission
      Property Management
      Property managed by:
      Century logo pms 01
      All building information and documentation provided by property management.
      03/23/20
      Total Fees: 672
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