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Central Harlem Limited Equity Cooperative
Project Information
- Project Location:
- New York City, NY
- Approx Contract:
- $20,000,000
- Status:
- Completed - Jan 2015
- Structure Type:
- Apartments & Condominiums
Scope Of Work
The development of 69 home-ownership units with additional 25 rental apartments in Central Harlem.
Through HPD’s Third Party Transfer Cooperative program, Lemle & Wolff is developing a 69-unit homeownership project on West 129th Street.A fourth adjacent building containing 25 apartments will be developed as a rental property for a total of 94 affordable housing units. Closing is scheduled to occur in fall 2015.
Over the past year, Lemle & Wolff has been completing pre-development activities and working with the Urban Homesteading Assistance Board to train the residents in cooperative homeownership and the operation of a resident-controlled HDFC.