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The storage lockers are the property of the co-op for the use of shareholders. Renters - whether statutory tenants (rent regulated) or
market rate subtenants approved by the co-op - are leasing from a shareholder. Only a shareholder can enter into a direct agreement with the co-op. If the co-op wants to offer a place on the waiting list for non-
resident shareholders who are leasing apartments - whether a sponsor or an individual shareholder - that's appropriate. Even if certain conditions to non-resident shareholders are applied - if warranted in the
Proprietary Lease as a decision reserved for the Board - that is also appropriate.
Many co-ops DO NOT permit non-resident shareholders to sublet storage lockers or in-house gym memberships or parking spots - all of which are amenities available to shareholders.
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Excellent explanation, mr.gardenz. Shareholders essentially collectively own the building and their individual apartments. Within NYC laws and regulations, sublet tenants' rights are always subordinate to shareholder rights. Access to building amenities are guaranteed to shareholders but discretionary to sublets. Remember that if a sublet is not happy with a particular situation they can always not renew their lease. Shareholders don't have quite as easy a way out of a bad situation.
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