Photo by David L Roush on Wikimedia
April 3, 2020
Co-Op City’s 15,000+ apartments will stay affordable for 30 more years
Photo by David L Roush on Wikimedia
The world's largest housing cooperative will remain affordable for another three decades, the city announced Friday. Home to more than 15,300 apartments across 72 buildings in the Bronx, Co-Op City opened in 1968 as part of the Mitchell-Lama program. The deal reached between the co-op board and the city's Department of Housing Preservation and Development guarantees the development's participation in the Mitchell-Lama program until 2052.
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