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An analysis in 2015 showed approximately 1,300 existing Housing Development Fund Corporations (HDFC) (a form of limited equity cooperative in NYC), the majority of which had been created in the 1970's and 80's and clustered in low-income areas. They had primarily been created through the CMP, the TIL program, and Third Party Transfer program.
Lindsay Park is a housing cooperative located in the East Williamsburg neighborhood of Brooklyn in New York City. The cooperative is part of the Mitchell-Lama Housing Program, through which the state of New York grants it tax exemptions to maintain affordability. [1] With 2702 units, it is the largest Mitchell-Lama co-op in Brooklyn.
Amalgamated Housing Cooperative (1927, 1947–49, expansion 1952–55, 1968–70 Bronx, "The Amalgamated", 1,435 units; still operating as a co-operative; 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
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]
The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City. The exemption ...
Penn South, officially known as Mutual Redevelopment Houses and formerly Penn Station South, is a limited-equity [1] housing cooperative development located between Eighth and Ninth Avenues and West 23rd and 29th Streets, in the Chelsea neighborhood of Manhattan in New York City. The complex has 2,820 units in ten 22-story buildings.
Inch & Co. is seeking a tax exemption from the Central York School District for its planned $38.5 million sports complex, but the board has turned down the company's request.. School board member ...
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. Additional buildings were added in the post ...