An outdoor swimming pool offers fun in the sun with tables and chairs and outdoor gas grills during the warm
weather months. The area outside the pool includes attractively landscaped gardens with picnic tables. The site
includes outdoor parking lots and a semi-enclosed parking garage. The lobby was recently renovated adding a
modern gracious entry with framed art and comfortable seating. Our helpful building staff is always present
welcoming residents and their guests. Laundry facilities and storage are conveniently located on the lower level.
The co-op supports the value of sustainable living with provisions for recycling on each floor. A covered area
with bike racks is located near the west entry. In addition, our Alternative Energy Committee is exploring new
sustainable ideas for solar panels and electric car-charging stations. Additional capital projects are in the
planning stage with the goal of continually improving our amenities and services.
The building units offer stunning views of the city, East Rock, and West Rock from its varied unit sizes (studio to
three-bedroom), each with abundant space and unusually large and plentiful closets when compared to other
typical apartment layouts. Each apartment has ample windows as well as a sizable balcony extending the space
available. Concrete and steel construction limits noise transmission. The recently upgraded exterior façade has
modern windows and balcony railings, bringing natural light and spectacular views to the units. Newly planted
manicured gardens and a pool provide a welcome oasis in downtown New Haven.
In a co-operative, people own shares in a corporation; many co-ops, like UT, are composed of residential units
as well as office or commercial space. The number of shares relates to the size and location of each apartment.
When a buyer purchases shares for a given apartment, they sign a proprietary lease which guarantees their
occupancy as shareholders or ‘owners’ until they sell their unit thus relinquishing their shares. University Towers
requires that at least 80% of the apartments be owned by people who occupy their apartment. Under defined
circumstances, an apartment may be rented for a limited period of time
The shareholders elect a Board of Directors to direct the affairs of the building. Shareholders are invited to
participate in quarterly Owners’ Meetings and in the public portion of monthly Board meetings. There are three
primary documents relating to ownership: the Proprietary Lease, the Corporation’s By-Laws and the House
Rules; these are given to anyone proposing to buy an apartment. No major change in the finances or By-Laws
may be made without a substantial percentage of the owners’ agreement. A prospective buyer, after filling out
an application, is then interviewed by an Admissions Committee, giving the prospective buyer and the
Committee an opportunity for valuable dialogue.
