205 West End a Cooperative residence since 1987

Built in 1961, 205 West End was part of a vast urban renewal program centered around the new Lincoln Center for the Performing Arts. The building sits at the northern edge of Lincoln Towers. While an independent Cooperative, 205 WEA residents retain access to and shared ownership of the beautiful gardens and playgrounds in the complex, the largest of which can be accessed directly from the building.

205 West End Owners Corporation, whose shares are 90% resident-owned, is governed by a Board of Directors consisting of seven shareholders and one sponsor representative.

Recent News

  • Summary of the 33nd Annual Meeting of 205 West End Avenue Owner’s Corporation Keith Bleiweiss, our Certified Public Accountant from Newman, Newman & Kaufman, LLP, led us through a comprehensive review of our financials, for both the Coop and the Condo. All this information can be found in the 2018 Financial Reports mailed to you in the package containing the formal Meeting Announcement. Net, net, we are very healthy financially, however our Reserves coverage ideally needs to increase from its current ratio of just under 1.5 to 3 months.  This was expected due to the numerous capital improvements we completed over the past several years.This should not be a concern as we don’t see any major capital expenses on the horizon and our maintenance arrears are insignificant, but the Board is ...
    Posted May 25, 2019, 6:05 AM by Marc Donner
  • 2019 Maintenance Letter Dear Fellow Shareholders: The Board, supported by the building’s accountant and management staff, has reviewed the financial projections for year-end 2018 and has approved an operating budget for 2019. 2018 Summary 205 West End Owners Corporation (Coop) will finish 2018 with an anticipated operating deficit of $295,900. Unfortunately in 2018, our actual expenditures were more than our budget forecast primarily in utilities/energy costs (colder than expected winter and variability of costs), payroll/benefits and repairs & maintenance (overall upkeep of the building during the construction project and unexpected plumbing repairs). We thank all residents for their patience as the Local Law 11 balcony project was completed over the summer. The actual total cost of the project was ...
    Posted Dec 27, 2018, 6:12 PM by Marc Donner
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