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Co-op City (short for Cooperative City) is a cooperative housing development located in the northeast section of the borough of the Bronx in New York City.It is bounded by Interstate 95 to the southwest, west, and north and the Hutchinson River Parkway to the east and southeast, and is partially in the Baychester and Eastchester neighborhoods.
Co-op city in the Bronx, a Mitchell–Lama development [1] The Mitchell–Lama Housing Program is a non-subsidy governmental housing guarantee in the state of New York. It was sponsored by New York State Senator MacNeil Mitchell and Assemblyman Alfred A. Lama and signed into law in 1955. [2] [3]
13 712 November 30, 1973 Bland Houses: Flushing: 5 10 400 April 30, 1952 Carleton Manor: Arverne: 1 11 170 March 31, 1967 Conlon L.I.H.F.E. Towers: Jamaica: 1 13 216 March 31, 1971 Forest Hills Co-op Houses: Forest Hills: 3 12 430 November 30, 1975 Left NYCHA in 2017 to become a tenant-managed co-op. Hammel Houses: Rockaway Beach: 14 6 and 7 ...
The project was designed by George W. Springsteen and his new associate, Herman J. Jessor, who would go on to design many other UHF projects, including Co-op City. The buildings followed the "towers in a park" concept introduced to the U.S. in the late 1930s by the Castle Village towers in Hudson Heights in upper Manhattan.
The city's planning board gave the green light on Tuesday, Jan. 9 for a project that includes two 13-story buildings with a total of 620 apartments. ... The two buildings, dubbed Building 13 and ...
The couple, Joe, 74, and Sonia, 67, get out of bed every day by 8 a.m. for coffee at their apartment in Co-op City and from there, they decide how they are going to spend their day.
The purchase price of a comparable unit in the co-op is typically much lower, however. With limited equity, the co-op has rules regarding pricing of shares when sold. The idea behind limited equity is to maintain affordable housing. A sub-set of the limited equity model is the no-equity model, which looks very much like renting, with a very low ...
With a co-op, you are not a homeowner, but rather a shareowner of the corporation that owns the building. A co-op is a housing cooperative owned by a corporation that allows people to buy shares ...