The “Overall” rating for each
of the three “sub-ratings” for a Co-op, found on the
building’s homepage, are determined by averaging the individual
sub-ratings for each posted review. One to five green bars are associated
with the sub-ratings as a visual aid.
When writing a review for a Co-op, a member
is required to complete only one of the three sub-rating criteria:
Exclusivity, Board Fairness, or Building. Therefore, while we encourage
members to rate all three sub-ratings, up to two of these ratings
may not be completed for some reviews. Only the reviews that have
an Exclusivity rating, for example, are included in determining
the average Exclusivity rating for a Co-op. Because reviews are
posted to the site immediately upon submission by a member, the
overall ratings of a particular Co-op can change frequently.
Exclusivity:
The Exclusivity sub-rating is based on how difficult is it to get
into a particular Co-op building and how “tough” the
board may be or how restrictive its rules, with one bar being the
most difficult and five bars being the least difficult.
Board Fairness:
The Board Fairness sub-rating is based on how fair a particular
Co-op board may be when dealing with existing and potential shareholders
as well as the professional real estate community, with one bar
being the least fair and five bars being the most fair.
Building:
The Building sub-rating is based on the building’s overall
desirability, including amenities, staff, residents, location, etc.,
with one bar being the worst possible rating and five bars being
the best possible rating.
The overall ratings issued by a member
when writing a review are strictly that member's opinion and do
not reflect in anyway the opinion of WallFly. The member's
review should support their selected overall ratings of that Co-op.
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Co-op
Rating System