Increasing Co-op Value

The board of our small co-op building (15 units) is considering adding basement storage units to the building. In order to move forward, we need buy-in from our shareholders. What is the value of a shareholder having a storage unit beyond just having extra space to store one’s belongings? Are there finacial benefits (tax breaks, increased resalve value, etc.?)

By adenyce | 03/12/2008 10:41 AM