Southbridge Towers

From Wikipedia, the free encyclopedia

Southbridge Towers

Southbridge Towers is a large 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 Street, , Gold Street, and Fulton Street. Southbridge consists of four 27-story towers and five 6-story buildings, which collectively include 1,651 apartments with a total of 331,577 square feet (30,804.5 m2) of floor area.[1]

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.[2]

In September 2014, the residents of Southbridge Towers voted to privatize under the Mitchell-Lama law and reconstitute as a private co-op.[3] The privatization was completed on September 10, 2015.

See also[]

References[]

  1. ^ http://www.southbridgetowers.com/about_us/[dead link]
  2. ^ Downtown Express, Oct. 28 - Nov. 3, 2005, "Southbridge Towers Votes to Study Going Private," http://www.downtownexpress.com/de_129/southbridgetowersvotes.html
  3. ^ Kaysen, Ronda (November 14, 2014). "Divided by a Windfall". The New York Times. Retrieved March 14, 2021.

External links[]

Coordinates: 40°42′34″N 74°00′12″W / 40.709572°N 74.00344°W / 40.709572; -74.00344


Retrieved from ""