KINETIC CARNIVAL - The Coney Island Blog

A space of musings, past and current as well as the future of amusements in the legendary Coney Island and Beyond!

Thursday, November 22, 2007

Ocean Tenants Owner Angry at New Owner

The preservation of affordable housing continues to be a major issue for the Coney Island community. Today's Daily News ran an article about tenant outrage over the loss of affordable housing in he Ocean Towers building:

The preservation of affordable housing continues to be a major issue for the Coney Island community. Today's Daily News ran an article about tenant outrage over the loss of affordable housing in he Ocean Towers building:

A Coney Island building dedicated to affordable housing has been sold to the owner of the historic Woolworth Building, a move that tenants say has triggered massive rent hikes.

Ocean Towers, a 360-unit Mitchell-Lama building, was sold in February for $5.9 million to Cammeby's International, a group that acquired similar buildings in Manhattan and Queens only to raise rent before reselling the properties.


Wave of Anger Over Coney Island Owner [NY Daily News]

Image courtesy of Wikipedia


- post by Ben Nadler


Bookmark and Share
posted by Omar Robau @ 11/22/2007 06:15:00 AM 

0 Comments:

Post a Comment

Links to this post:

Create a Link

<< Home