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Under this law, the city of New York is able to sell buildings directly to tenant or community groups to provide low-income housing. Many HDFCs were created through a process of co-op conversion of a foreclosed, city-owned property. As of 2008, over 1,000 HDFC cooperatives have been developed in the city.
On Monday, March 23, 2020, for the first time in their history, the co-op suspended their member work requirement in order to reduce the risk of COVID-19 infection to paid staff. [57] The co-op operated purely by existing and temporary paid workers until mid-October 2020, when a voluntary member labor program began for select assignments. [58]
Amalgamated Dwellings (1930), in Cooperative Village, Lower East Side of Manhattan, New York City, 236 units; Hillman Housing Corporation (1947–1950), in Cooperative Village, 807 units; Under the Housing Development Fund Corporation. 566 W. 159th Street, Washington Heights; 1007-09 E. 174th Street, the Bronx; Lenox Court, East Harlem
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]
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The Amalgamated Housing Cooperative is a limited-equity cooperative in New York City.Organized by the Amalgamated Clothing Workers (ACW), a Manhattan-based socialist labor union, the co-op's original cluster of Tudor-style buildings was erected at the southern edge of Van Cortlandt Park in 1927.
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The Drivers Cooperative or Co-Op Ride is an American ridesharing company and mobile app that is a workers cooperative, owned collectively by the drivers. [ 1 ] [ 2 ] The cooperative launched in May 2020 in New York City , [ 3 ] [ 4 ] with the first 2,500 drivers issued their ownership certificates in a media event.