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Southbridge Towers
__NOTOC__ Southbridge Towers is a big housing cooperative development located in the Civic Center neighborhood of Lower Manhattan, New York City. The complex was built between 1961 and 1971 by Tishman Realty & Construction as a subsidized co-op under the Mitchell-Lama housing program. It is situated south of the entrance ramp to the Brooklyn Bridge between Pearl, Gold, Fulton and Frankfort streets. Southbridge consists of four 27-story towers and five 6-story buildings, which collectively include 1,651 apartments with a total of of floor area. In October 2005, the cooperative's board of directors voted to undertake a study that could cost up to $25,000 to explore privatization of the building complex. In September 2014, the residents of Southbridge Towers voted to privatize under the Mitchell-Lama law and reconstitute as a private co-op. The privatization was completed on September 10, 2015. See also * Cooperative Village * Marcus Garvey Village Marcus Garvey Village, a ...
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Southbridge Towers (WTM By Official-ly Cool 068)
__NOTOC__ Southbridge Towers is a big housing cooperative development located in the Civic Center neighborhood of Lower Manhattan, New York City. The complex was built between 1961 and 1971 by Tishman Realty & Construction as a subsidized co-op under the Mitchell-Lama housing program. It is situated south of the entrance ramp to the Brooklyn Bridge between Pearl, Gold, Fulton and Frankfort streets. Southbridge consists of four 27-story towers and five 6-story buildings, which collectively include 1,651 apartments with a total of of floor area. In October 2005, the cooperative's board of directors voted to undertake a study that could cost up to $25,000 to explore privatization of the building complex. In September 2014, the residents of Southbridge Towers voted to privatize under the Mitchell-Lama law and reconstitute as a private co-op. The privatization was completed on September 10, 2015. See also * Cooperative Village * Marcus Garvey Village Marcus Garvey Village, als ...
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Gold Street (Manhattan)
The Financial District of Lower Manhattan, also known as FiDi, is a neighborhoods of Manhattan, neighborhood located on the southern tip of Manhattan in New York City. It is bounded by the West Side Highway on the west, Chambers Street (Manhattan), Chambers Street and City Hall Park, Manhattan, City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry (Manhattan), South Ferry and The Battery (Manhattan), the Battery on the south. The City of New York was created in the Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The district comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading fi ...
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Financial District, Manhattan
The Financial District of Lower Manhattan, also known as FiDi, is a neighborhood located on the southern tip of Manhattan in New York City. It is bounded by the West Side Highway on the west, Chambers Street and City Hall Park on the north, Brooklyn Bridge on the northeast, the East River to the southeast, and South Ferry and the Battery on the south. The City of New York was created in the Financial District in 1624, and the neighborhood roughly overlaps with the boundaries of the New Amsterdam settlement in the late 17th century. The district comprises the offices and headquarters of many of the city's major financial institutions, including the New York Stock Exchange and the Federal Reserve Bank of New York. Anchored on Wall Street in the Financial District, New York City has been called both the most financially powerful city and the leading financial center of the world, and the New York Stock Exchange is the world's largest stock exchange by total market capitaliza ...
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Marcus Garvey Village
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. The master plan and buildings were later redesigned by Michael Kirchmann of GDSNY for a substantial renovation in 2016. It consists of multiple four-story townhouse-like structures spread across nine city blocks with stoops, private backyards, and semi-public courtyards. It was one of the first low-rise, high-density public housing projects and was included in a 1973 Museum of Modern Art exhibition titled ''Another Chance for Housing: Lowrise Alternatives''. The complex was named after Jamaican politician and activist Marcus Garvey. See also * Cooperative Village * Co-op City, Bronx * Mitchell-Lama H ...
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Cooperative Village
267px, Hillman Housing buildings on Grand Street as seen from the East River towers. Amalgamated Dwellings is seen between the second and the third tower Cooperative Village is a community of housing cooperatives on the Lower East Side of Manhattan, New York City. The cooperatives are centered on Grand Street in an area south of the entrance ramp to the Williamsburg Bridge and west of the FDR Drive. Combined, the four cooperatives have 4,500 apartments in twelve buildings. The cooperatives were sponsored, organized and built by trade unions, the Amalgamated Clothing Workers of America and International Ladies' Garment Workers' Union, as well as the United Housing Foundation, a development organization set up by the unions in 1951. The cooperatives followed strict Rochdale Principles, with one vote per member, irrespective of the nominal value of his shares. Resale of shares was restricted; members moving out of the apartments had to sell their shares back to the cooperat ...
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Co-op
A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social and cultural needs and aspirations through a jointly owned and democratically-controlled enterprise".Statement on the Cooperative Identity.
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Cooperatives are democratically controlled by their members, with each member having one vote in electing the board of directors. Cooperatives may include: * es owned and man ...
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Fulton Street (Manhattan)
Fulton Street is a busy street located in Lower Manhattan in New York City. Located in the Financial District, a few blocks north of Wall Street, it runs from West Street at the site of the World Trade Center to South Street, terminating in front of the South Street Seaport. The westernmost two blocks and the easternmost block are pedestrian streets. The street has a Beaux-Arts architectural feel with many buildings dating back to the Gilded Age or shortly thereafter. The early 19th-century buildings on the south side of the easternmost block are called Schermerhorn Row and are collectively listed on the National Register of Historic Places. History Regular cricket matches were held near the present Fulton Market in 1780 when the British Army-based itself in Manhattan during the American Revolution. The street itself was originally broken up into two parts, divided at Broadway. The eastern half was Fair Street and the western half was Partition Street. In 1816, both str ...
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Pearl Street (Manhattan)
Pearl Street is a street in the Financial District in Lower Manhattan, running northeast from Battery Park to the Brooklyn Bridge with an interruption at Fulton Street, where Pearl Street's alignment west of Fulton Street shifts one block south of its alignment east of Fulton Street, then turning west and terminating at Centre Street. History Pearl Street takes its name from of a prominent Lenape shell midden that was located on its southern section, and that may have also marked a Lenape canoe landing. The colonial history of Pearl Street dates back to the early 1600s. A cow path at first, it was laid out in 1633. It lay along a beachy area known as the Strand. Its name is an English translation of the Dutch Parelstraat (written as Paerlstraet around 1660). The street is visible on the Castello Plan along the eastern shore of New Amsterdam, together with Schreyers Hook Dock (cf. Amsterdam's Schreierstoren) built by Broad Canal as the city's first wharf in 1648. It was nam ...
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Housing Cooperative
A housing cooperative, or housing co-op, is a legal entity, usually a cooperative or a corporation, which owns real estate, consisting of one or more residential buildings; it is one type of housing tenure. Housing cooperatives are a distinctive form of home ownership that have many characteristics that differ from other residential arrangements such as single family home ownership, condominiums and renting. The corporation is membership based, with membership granted by way of a share purchase in the cooperative. Each shareholder in the legal entity is granted the right to occupy one housing unit. A primary advantage of the housing cooperative is the pooling of the members' resources so that their buying power is leveraged; thus lowering the cost per member in all the services and products associated with home ownership. Another key element in some forms of housing cooperatives is that the members, through their elected representatives, screen and select who may live in th ...
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Brooklyn Bridge
The Brooklyn Bridge is a hybrid cable-stayed/ suspension bridge in New York City, spanning the East River between the boroughs of Manhattan and Brooklyn. Opened on May 24, 1883, the Brooklyn Bridge was the first fixed crossing of the East River. It was also the longest suspension bridge in the world at the time of its opening, with a main span of and a deck above mean high water. The span was originally called the New York and Brooklyn Bridge or the East River Bridge but was officially renamed the Brooklyn Bridge in 1915. Proposals for a bridge connecting Manhattan and Brooklyn were first made in the early 19th century, which eventually led to the construction of the current span, designed by John A. Roebling. The project's chief engineer, his son Washington Roebling, contributed further design work, assisted by the latter's wife, Emily Warren Roebling. Construction started in 1870, with the Tammany Hall-controlled New York Bridge Company overseeing construction, although nume ...
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