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United Housing Foundation
{{unreferenced, date=September 2019 The United Housing Foundation (UHF) was a real estate investment trust in New York that constructed numerous cooperative housing projects, including Rochdale Village in Queens and Co-op City in the Bronx. Purpose In 1951, the United Housing Foundation (UHF) was organized to provide broader sponsorship for cooperative housing formalizing the success of Abraham Kazan and his associates. By 1965 UHF and its predecessors had created some 23 cooperative housing projects in New York City, ranging in size from the 124-unit Mutual Housing Association in the Bronx to Rochdale Village in Queens, with 5,860 apartments and also its own food stores, nursery schools, a credit union, and a multitude of civic and social organizations, to make it an integrated and well-rounded community. The primary architect who designed the buildings with Kazan was Herman Jessor. The United Housing Foundation worked primarily in New York City and New York State, using financ ...
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Real Estate Investment Trust
A real estate investment trust (REIT) is a company that owns, and in most cases operates, income-producing real estate. REITs own many types of commercial real estate, including office and apartment buildings, warehouses, hospitals, shopping centers, hotels and commercial forests. Some REITs engage in financing real estate. Most countries' laws on REITs entitle a real estate company to pay less in corporation tax and capital gains tax. REITs have been criticised as enabling speculation on housing, and reducing housing affordability, without increasing finance for building. REITs can be publicly traded on major exchanges, publicly registered but non-listed, or private. The two main types of REITs are equity REITs and mortgage REITs (mREITs). In November 2014, equity REITs were recognized as a distinct asset class in the Global Industry Classification Standard by S&P Dow Jones Indices and MSCI. The key statistics to examine the financial position and operation of a REIT include n ...
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Union Pension Fund
Union commonly refers to: * Trade union, an organization of workers * Union (set theory), in mathematics, a fundamental operation on sets Union may also refer to: Arts and entertainment Music * Union (band), an American rock group ** ''Union'' (Union album), 1998 * ''Union'' (Chara album), 2007 * ''Union'' (Toni Childs album), 1988 * ''Union'' (Cuff the Duke album), 2012 * ''Union'' (Paradoxical Frog album), 2011 * ''Union'', a 2001 album by Puya * ''Union'', a 2001 album by Rasa * ''Union'' (The Boxer Rebellion album), 2009 * ''Union'' (Yes album), 1991 * "Union" (Black Eyed Peas song), 2005 Other uses in arts and entertainment * ''Union'' (Star Wars), a Dark Horse comics limited series * Union, in the fictional Alliance–Union universe of C. J. Cherryh * '' Union (Horse with Two Discs)'', a bronze sculpture by Christopher Le Brun, 1999–2000 * The Union (Marvel Team), a Marvel Comics superhero team and comic series Education * Union Academy (other), ...
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Co-op City, Bronx
Co-op City (short for Cooperative City) is a cooperative housing development located in the northeast section of the borough of the Bronx in New York City. It is bounded by Interstate 95 to the southwest, west, and north and the Hutchinson River Parkway to the east and southeast, and is partially in the Baychester and Eastchester neighborhoods. With 43,752 residents as of the 2010 United States Census, it is the largest housing cooperative in the world. It is in New York City Council District 12. Co-op City was formerly marshland before being occupied by an amusement park called Freedomland U.S.A. from 1960 to 1964. Construction began in 1966 and the first residents moved in two years later, though the project was not completed until 1973. The construction of the community was sponsored by the United Housing Foundation and financed with a mortgage loan from New York State Housing Finance Agency. The community is part of Bronx Community District 10 and its ZIP Code is 10475. N ...
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Organizations Established In 1951
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, includin ...
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Condominiums And Housing Cooperatives In New York (state)
A condominium or condo is a type of living space similar to an apartment. Condominium or condo may also refer to: * Condominium (international law), a political territory * ''Condominium'' (film), a 1980 American TV film **''Condominium'', a novel by John D. MacDonald, on which the film was based * ''Condo'' (TV series), a 1983 American sitcom * ''Condominio ''Condominio'' (''Apartment Block'') is a 1991 Italian comedy drama film directed by Felice Farina.El Condominio'' ('the Condominium'), a Puerto Rican TV show 2000–2005


See also

* {{disambiguation ...
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Housing Cooperatives In The United States
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 ...
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Penn South
Penn South, officially known as Mutual Redevelopment Houses and formerly Penn Station South, is a limited-equity
on the Penn South website. Accessed:2011-03-10
development located between Eighth and Ninth Avenues and West 23rd and 29th Streets, in the



International Ladies' Garment Workers' Union
The International Ladies' Garment Workers' Union (ILGWU), whose members were employed in the women's clothing industry, was once one of the largest labor unions in the United States, one of the first U.S. unions to have a primarily female membership, and a key player in the labor history of the 1920s and 1930s. The union, generally referred to as the "ILGWU" or the "ILG", merged with the Amalgamated Clothing and Textile Workers Union in the 1990s to form the Union of Needletrades, Industrial and Textile Employees (UNITE). UNITE merged with the Hotel Employees and Restaurant Employees Union (HERE) in 2004 to create a new union known as UNITE HERE. The two unions that formed UNITE in 1995 represented 250,000 workers between them, down from the ILGWU's peak membership of 450,000 in 1969. Early history The ILGWU was founded on June 3, 1900, in New York City by seven local unions, with a few thousand members between them. The union grew rapidly in the next few years but began to sta ...
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Amalgamated Clothing Workers Of America
Amalgamated Clothing Workers of America (ACWA) was a United States labor union known for its support for "social unionism" and progressive political causes. Led by Sidney Hillman for its first thirty years, it helped found the Congress of Industrial Organizations. It merged with the Textile Workers Union of America (TWUA) in 1976 to form the Amalgamated Clothing and Textile Workers Union (ACTWU), which merged with the International Ladies' Garment Workers' Union in 1995 to create the Union of Needletrades, Industrial and Textile Employees (UNITE). UNITE merged in 2004 with the Hotel Employees and Restaurant Employees Union (HERE) in 2004 to create a new union known as UNITE HERE. After a bitter internal dispute in 2009, the majority of the UNITE side of the union, along with some of the disgruntled HERE locals left UNITE HERE, and formed a new union named Workers United, led by former UNITE president Bruce Raynor. Founding In 1914, the Amalgamated Clothing Workers of America†...
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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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List Of New York City Housing Cooperatives
A partial list of housing cooperatives in New York City. Projects originally built as housing cooperatives * Alku and Alku Toinen, started in 1916 by Finnish immigrants * Hudson View Gardens (1923–25), Hudson Heights, real estate developer Charles Paterno, architect George Fred Pelham, Jr. * 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 Rockefeller. Sponsored by Amalgamated Clothing Workers of America, Architects Springsteen and Goldhammer, Herman Jessor * 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 S ...
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Affordable Housing
Affordable housing is housing which is deemed affordable to those with a household income at or below the median as rated by the national government or a local government by a recognized housing affordability index. Most of the literature on affordable housing refers to mortgages and a number of forms that exist along a continuum – from emergency homeless shelters, to transitional housing, to non-market rental (also known as social or subsidized housing), to formal and informal rental, indigenous housing, and ending with affordable home ownership. Housing choice is a response to an extremely complex set of economic, social, and psychological impulses. For example, some households may choose to spend more on housing because they feel they can afford to, while others may not have a choice. Definition and measurement There are several means of defining and measuring affordable housing. The definition and measurement may change in different nations, cities, or for specific pol ...
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