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Gramercy Park Cooperative of Eagan About Us Banner

Gramercy Park Cooperative of Eagan opened its doors in April of 2001. Members moved in over the next few months and soon were involved in the many social activities and were making friends with their new neighbors. After several months governing authority was transferred from the developer and the members began making decisions on all aspects of their new home

Our Philosophy

Gramercy Park Cooperative of Eagan is a community inspired by the tradition of common-interest communities formed by Samuel Ruggles in the Gramercy Park neighborhood of New York City in 1831. His vision included the creation of a neighborhood maintained and enjoyed by resident-owners. We enjoy a close community of friends based upon a common purpose. We especially hold to the values of self-help, responsibility, democracy, equality, equity, and solidarity. Learn more about cooperative housing.

Financial Obligations

For Gramercy Park Cooperative of Eagan the monthly charge includes the mortgage payment, real estate taxes, operating expenses, lender required reserves, interior and exterior maintenance, sewer, water, trash pick-up, recycling, cable television, underground heated parking, updated WiFi, Internet, telephone, heat and electricity.  The monthly fees for Gramercy Park of Eagan includes everything except your H06 insurance policy.

Ownership

Members own shares in the non-profit corporation that holds title to the building. The monthly charge covers operating expenses, including the mortgage payment. Monthly charges increase only when the board of directors determines that taxes or operating costs justify an increase.

1669 Yankee Doodle Road, Eagan, MN 55121
 Phone: (651) 994-6778  |  Fax: (651) 994-6975  |  Email:
gramercyateagan6@aol.com