Caton Towers Owners Corp.

135 Ocean Parkway

Brooklyn, NY 11218
Co-op
About
Caton Towers is a full-service cooperative building erected in 1965 that contains 286 units over 16 stories.
Applications
Caton Towers Owners Corp. - Sale
Caton Tower Owners Corp.- Transfer
Caton Towers Owners Corp. - Finance_Refinance_Home Equity
Property Contacts Century logo pms 01

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Documents

Offering Plan

Offering Plan - 135 Ocean Parkway $250.00 12/09/19

Amendment(s)

33rd Amendment - 135 Ocean Parkway $50.00 12/12/19

By-Laws

By Laws - 135 Ocean Parkway $50.00 12/09/19

House Rules

House Rules - 135 Ocean Parkway Free
12/12/19
House Rules Amendment(s) - 135 Ocean Parkway Free
12/12/19

Building Financials

2016 Financials - 135 Ocean Parkway $50.00 12/09/19
2017 Financials - 135 Ocean Parkway $50.00 12/09/19
2018 Financials - 135 Ocean Parkway $50.00 12/09/19

Bank Questionnaire

Century Questionnaire FAQs - 135 Ocean Parkway Free
12/09/19

Moving & Delivery

Moving & Delivery Policy Procedures - 135 Ocean Free
12/09/19
Sample Certificate of Insurance - 135 Ocean Parkway Free
12/09/19

Closing Information & Fees

Closing Fees - 135 Ocean Parkway Free
01/27/20
Closing Procedures- 135 Ocean Parkway Free
01/27/20

Lead Brochure

Lead Brochure Procedures - 135 Ocean Parkway Free
12/09/19

Proprietary Lease

Proprietary Lease - 135 Ocean Parkway $50.00 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 Limited to 1 dog per coop unit. Must be licensed by NYC and registration with Caton Towers required. There is a mandatory dog interview with Caton Towers Dog Committee. Please Note: No dog that is a pit bull, has an ancestor that is or was a pit bull, i.e., any mixed breed that includes a pit bull, or any breed which is a pit bull by another name, i.e., American Stafford-shire, will be acceptable for residence or presence in building. This policy applies to all residents (current or future), shareholders, sublets, the entire gamut.
In Unit Washers/Dryers Not Allowed
Smoking Not Allowed
Subletting Not Allowed

Financing Policies

Max Financing Allowed as % 80% of purchase price

Additional Building Information

Effective Immediately: A complete application package must be submitted electronically. Incomplete applications will be returned to the broker/applicant for re- submission at a later date and application fees will not be refunded.

Interviews and when to submit your application: Interviews for this building take place the 2nd Tuesday of every month in the management office at 135 Ocean Parkway, and all completed applications have to be submitted online 3 week priors to that date, which is the cut off.

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.

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

Special Amenities

Partial Surveilance
Community Room Rental
Building Fees

Co-Op Sale

Payor Building Fees Amount Due Upon
Buyer Background check fee to purchase the shares of Caton Towers Owners Corp. $50 Per Person Submission
Buyer Managements processing fee to purchase the shares of Caton Towers Owners Corp. $500 Submission
Buyer Move-In Deposit $1,000 Submission
Seller Move-out Deposit $1,000 Submission
Buyer Other Fees Download "Closing Fees" Document Closing

Co-Op Sublet

Payor Building Fees Amount Due Upon
Shareholder Move-out Deposit $1,000 Submission
Subtenant Consumer Credit Report Fee $50.00 per person Submission
Subtenant Management Administration Fee $500 Submission
Subtenant Move-in Deposit $1,000 Submission

Refinance

Payor Building Fees Amount Due Upon
Shareholder Refinance/ Home Equity Application Processing Fee $350 Submission

Co-Op Transfer

Payor Building Fees Amount Due Upon
Buyer Consumer Credit Report Fee $50.00 per person Submission
Buyer Management Administration Fee $500 Submission
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
Shareholder Refinance $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.
05/20/20
Total Fees: 240
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