024d8488_ational_Cooperative_Law_Center__Cooperatives
[0] Benefit [Condominiums] Simple form of ownership, easy to transfer/sell [Cooperatives] 
Stronger sense of community-everyone in the cooperative is seen as an equal voice and has a say in everything. Often a smaller property, the selective application process brings like people into a neighborly atmosphere, as you pick you next neighbor.
Comparison of Housing Cooperatives to Condominiums | National Cooperative Law Center
Cooperatives