West Village Houses Explained

The West Village Houses are a collection of 42 walk-up buildings in New York City's West Village that contain 420 apartments. They were built with the support of New York City and New York State through its Mitchell-Lama Housing Program. They were championed by Jane Jacobs and intended to be built on a human scale in keeping with her ideals.

History

The houses are scattered in an area bounded by Morton, West, Bank and Washington Streets. In 1961, New York Mayor Wagner planned to redevelop that area with high rise housing.[1] West Village resident Jane Jacobs led an effort to stop that development in favor of the West Village Houses which were smaller-scale and preserved existing structures.[2] Perkins and Will designed the buildings. The effort to build the houses was finally approved in 1969, higher costs required a second approval in 1972 and then construction began.[3] Because of their long construction during a period of high inflation, when they were completed in 1975 common charges for prospective residents were high, they had difficulty finding residents and required further subsidy.[4]

In 2002 the owner of the property, the Island Capital Group, indicated that it might like to buy out of the Mitchell-Lama Program and convert the units to market rate. In 2006 the Bloomberg administration worked out an arrangement to sell the units to the tenants via the Housing Development Fund Corporation which allowed tenants to buy their properties at below market rates, limit the amount of profit they could make on a resale, and enjoy a tax abatement for twelve years.[3] [5] As the date of the abatement expiration approached, developer Madison Equities offered to purchase the properties and redevelop them as high rises[6] [7] but the tenants chose convert the properties to market rate cooperatives and completed the transaction in June 2020. It was the first conversion of Michell-Lama properties to market rate in New York.[8] [9]

References

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Notes and References

  1. News: Brewer . Sam Pope . Citizens Housing Group Backs 'Village' Urban Renewal Study . 29 January 2021 . The New York Times . 27 March 1961.
  2. News: Asbury . Edith Evans . Board Ends Plan for West Village . 29 January 2021 . The New York Times . 25 October 1961.
  3. News: Vitullo-Martin. Julia. West Village Houses a Monument to a 1960s Development Battle. 3 February 2018. The Sun. 30 August 2007.
  4. News: Fried. Joseph P. A 'Village' Housing Project Becomes a Fiscal Nightmare. 3 February 2018. The New York Times. 8 August 1975. 24.
  5. News: Pape. Brian J. West Village Houses: What's Next?. 3 February 2018. West View News. 3 May 2017.
  6. News: Hudson. E.K.. Madison Equities proposes demolition of Jane Jacobs' West Village Houses. 3 February 2018. The Real Deal. 5 November 2017.
  7. News: Gunts. Edward. Developer may tear down Jane Jacobs' West Village Houses. 3 February 2018. The Architect's Newspaper. 1 November 2017.
  8. News: West Village Houses Co-op Transitions From HDFC to Market Rate . 15 April 2023 . . 8 June 2020.
  9. News: Gerstein . Darcey . West Village Houses Achieves Historic Conversion . 15 April 2023 . Cooperator News New York . 15 July 2020.