Southbridge Towers

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Southbridge Towers
Courtyard in the complex
Several of the buildings

Southbridge Towers is a limited equity housing cooperative built under the Mitchell-Lama Housing Program and completed in 1969. The complex is located in Lower Manhattan in New York City south of the entrance ramp to the Brooklyn Bridge and is bound by Pearl Street, Frankfort Street, Gold Street, and Fulton Street. It has 1,651 apartments in four 27 story tower blocks and five low-rise buildings.

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.[1]

In September 2014, the residents of Southbridge Towers voted to privatize under the Mitchell-Lama law and reconstitute as a private co-op. No decision has been reached about its implementation.

See also[edit]

References[edit]

  1. ^ Downtown Express, Oct. 28 - Nov. 3, 2005, "Southbridge Towers Votes to Study Going Private," http://www.downtownexpress.com/de_129/southbridgetowersvotes.html

External links[edit]

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