__NOTOC__ Southbridge Towers is a big housing cooperative development located in the

Civic Center A civic center or civic centre is a prominent land area within a community that is constructed to be its focal point or center. It usually contains one or more dominant public buildings, which may also include a government building. Recently, the ...

neighborhood of Lower Manhattan,

New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...

. The complex was built between 1961 and 1971 by

Tishman Realty & Construction Tishman Realty & Construction Co., Inc. is an American corporation founded in 1898 that owns and develops real estate. The company is known for being the contractor that built the original World Trade Center in New York City. Tishman Constructio ...

as a subsidized co-op under the Mitchell-Lama housing program. It is situated south of the entrance ramp to the

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 ...

between

Pearl A pearl is a hard, glistening object produced within the soft tissue (specifically the mantle) of a living shelled mollusk or another animal, such as fossil conulariids. Just like the shell of a mollusk, a pearl is composed of calcium carb ...

Gold Gold is a chemical element with the symbol Au (from la, aurum) and atomic number 79. This makes it one of the higher atomic number elements that occur naturally. It is a bright, slightly orange-yellow, dense, soft, malleable, and ductile met ...

Fulton Fulton may refer to: People * Robert Fulton (1765–1815), American engineer and inventor who developed the first commercially successful steam-powered ship * Fulton (surname) Given name * Fulton Allem (born 1957), South African golfer * Fult ...

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 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-control ...

. The privatization was completed on September 10, 2015.

References

External links

Southbridge Towers
Civic Center, Manhattan Financial District, Manhattan Condominiums and housing cooperatives in Manhattan Residential skyscrapers in Manhattan {{Manhattan-struct-stub

See also

References

External links