The Waverly is a housing cooperative located in New York, New York, providing a distinctive residential community within the city’s vibrant West Village neighborhood. Situated at 136 Waverly Place, this cooperative offers an opportunity for residents to participate in a shared ownership model, which emphasizes collective decision-making and community involvement. The Waverly’s approach to housing fosters a sense of belonging and stability in one of New York City’s most sought-after areas.

As a housing cooperative, The Waverly functions under a structure where members own shares in the corporation that owns the building, rather than owning individual units outright. This model promotes cooperative living and encourages residents to engage actively in maintaining the property and shaping community policies. The cooperative format often appeals to individuals seeking a more collaborative and community-oriented urban living experience, combining the benefits of ownership with shared responsibilities.

The location of The Waverly places it in close proximity to various cultural, dining, and shopping options, contributing to a dynamic lifestyle for its residents. The neighborhood’s historic charm and vibrant street life complement the cooperative’s ethos of community and sustainability. Living at The Waverly means being part of a unique housing structure that supports a balanced urban lifestyle through collective management and a focus on resident participation.

Residents of The Waverly benefit from the stability and involvement that housing cooperatives typically offer, including a more controlled living environment and often lower turnover rates compared to traditional rental housing. This cooperative stands as a notable example of alternative housing options in New York City, blending communal living principles with the conveniences of an urban setting.