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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.
Marcus Garvey Village, also known as Marcus Garvey Apartments, is a 625-unit affordable housing development located in the Brownsville neighborhood of Brooklyn.The complex was developed by the New York State Urban Development Corporation and designed by British architect Kenneth Frampton (then at the Institute for Architecture and Urban Studies) in 1973 and completed in 1976. [1]
HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch . [ 3 ]
It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
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Additional funding came from the New York State Housing Finance Agency due to the building's affordable housing component. The tower was topped out in February 2018 and opened on March 15, 2019. [9] By January 2019, approximately 60% of the building's units had been sold. [10]
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