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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 ...
United Workers Cooperative Colony (1927–1929), 339 + 385 units, on Allerton Avenue on the Bronx, sponsored by communist garment industry workers; known as "The Communist Coops" Dunbar Apartments, built by John D. Rockefeller Jr. in 1928 as a housing cooperative to provide housing for African Americans. Bankrupt in 1936 and taken over by ...
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]
Befitting such a lovely place, the town of Larchmont has a quaint Old estates line the streets as do perfectly manicured lawns and high hedges. Los Angeles Homes for Sale Under $400K in Larchmont
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]
lohud photographer Seth Harrison shows us the sights in Larchmont.
Larchmont is a suburb of New York City, located approximately 18 miles (29 km) northeast of Midtown Manhattan. The population of the village is 6,453 as of the World Population Review. [3] In February 2019, Bloomberg ranked Larchmont as the 15th wealthiest place in the United States and the third wealthiest in New York. [4]
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related to: larchmont coops for sale zillow