Amalgamated Houses faces $150M in capital needs, new co-op board seeks relief from the state

Without intervention, roughly 827 residents in the nation’s oldest affordable housing co-op, Van Cortlandt Village’s Amalgamated Houses, could face gas service shutoffs by July 1. A newly-formed board of cooperators say that preventing the looming gas shutoffs is just one item in a laundry list of necessary repairs believed to cost around $150 million for … Continue reading Amalgamated Houses faces $150M in capital needs, new co-op board seeks relief from the state