In addition, University Towers prides itself on being a community of residents who are interested in, and care
for, both the building and their fellow neighbors. Its recent vote to respect others with a smoke-free environment
demonstrates that care. Everyone’s privacy is respected yet, because people are owners sharing the available
common spaces, they enjoy a greater sense of community than might occur in a comparable rental building.
There is often confusion between the Homeowner’s Association fee in a condominium and the HOA in a cooperative because they cover different expenses. The University Towers monthly HOA fee, which is partially tax
deductible, covers a broad range of costs, including:
*The property mortgage interest and property taxes are tax deductible for residents based on a calculation by
their percentage of ownership in the building and IRS rules pertaining to deductions. UT shareholders may also
request other routine maintenance be done by on-site staff for a reasonable fee.
University Towers is also conveniently located to Yale New Haven Hospital, Smilow Cancer Center, a wide
selection of Yale medical offices and laboratories, and other health services centered in New Haven. The
historic New Haven Green, New Haven government buildings, the New Haven Free Public Library, the Yale Art
Gallery, Yale Center for British Art, Yale Peabody Museum and Yale Repertory Theater can be reached on foot.
UT is within easy walking distance of many museums, galleries, sporting events, concert venues, theater
companies, movie theaters, and a lively retail district with destination shops of all kinds such as the Apple Store,
L.L Bean, Patagonia, the Yale Bookstore and other interesting smaller local shops. New Haven is known for its
lively food environment with a wide offering of popular restaurants, coffee, and food shops – all within just
blocks of University Towers.
New Haven is near Long Island Sound beaches, hiking trails, and has convenient access to other major
northeast cities. The train station with service on Amtrak and Metro North is about ten blocks from University
Towers. Tweed New Haven Airport, under 5 miles away, is being expanded with service to the major hubs. For
convenience of travel: I-95, I-91 and the Merritt Parkway are all close by.