Tempers are flaring at an East Village co-op over the board potentially selling one of its parking lots without keeping shareholders in the loop.
Around 400 residents at Village View — a seven-building Mitchell-Lama complex with 1,236 units between East Second and East Sixth streets and First Avenue and Avenue A — have signed a petition seeking transparency around the proposed sale and redevelopment of Parking Lot 7.
Angry shareholders say the board has been breadcrumbing information about the potential sale — that it has spent hundreds of thousands of dollars pursuing a sale and has received a bid for $30 million — but has failed to disclose all details, provide proper notice, release all documents and halt any redevelopment actions until a shareholder vote.
Read more at https://nypost.com/2026/06/11/real-estate/east-village-residents-fume-over-co-ops-potential-lot-sale/
#nyc #nycresidents #eastvillage #villageview #parkinglotparty
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