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After several years of negotiations where the club attempted to negotiate the purchase of its space, the co-op board listed the club's space for sale as a private residence. Featuring approximately 62,000 square feet (5,800 m 2), five floors and a private entrance, the board set an asking price of $130 million. If the asking price is met, it ...
Co-op City (1968–1971), Baychester area of the Bronx 15,382 units Twin Pines Village ( Starrett City ) (1975), 5,881 units, southern Brooklyn Mitchell-Lama Housing Program
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]
Unlike the rest of the surrounding neighborhood, the block on which the Houses stand was among the last to be developed because of its soil quality.
As of 2021, the program has been extremely successful, with 90 percent of HDFCs thriving. The HDFCs get a small tax break from the city, but otherwise shareholders are 100 percent responsible for all repairs and upkeep of the buildings—roof, boilers, steps, water and so on—similar to a regular coop or condo. [6]
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.
Midwood is a neighborhood in the south-central part of the New York City borough of Brooklyn.It is bounded on the north by the Bay Ridge Branch tracks just above Avenue I and by the Brooklyn College campus of the City University of New York, and on the south by Avenue P and Kings Highway.
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