Norwood Co-Op Awaits Audit Findings Amid Frustration over Recent Maintenance Fee Increases

A few dozen shareholders of a private cooperative located in Norwood await the results of a promised audit of the co-op’s finances, after they were hit at short notice with what they see as steep maintenance fee increases, and dispute certain decisions taken in relation to the finances. The move follows a recent ownership shake-up which has seen a replacement majority co-op shareholder in the mix.