Cooperative Village

Cooperative Village is a community of housing cooperatives on the Lower East Side of Manhattan, New York City. The cooperatives are centered around Grand Street in an area south of the entrance ramp to the Williamsburg Bridge and west of FDR Drive. Combined, the four cooperatives have 4,500 apartments in twelve buildings. The cooperatives were sponsored, organized and built by trade unions, the Amalgamated Clothing Workers of America and International Ladies' Garment Workers' Union, as well as the United Housing Foundation, a development organization set up by the unions in 1951. The cooperatives followed strict Rochdale Principles, with one vote per member, irrespective of the nominal value of his shares. Resale of shares was...