Residents at Luna Park, the Mitchell Lama-era housing complex in Coney Island, got a lifeline yesterday when public officials announced a $21 million grant to renovate the ailing structures; residents had feared that the 1,600-unit co-op would go private and lose its protections like many others have done in recent years. Most of the money ($15 million) for fixing windows, brickwork and rooftops at the complex will come from HPD. A number of local politicians and city agencies were at the table on this one, including Representative Jerrold Nadler, Brooklyn Borough President Marty Markowitz, State Senator Diane Savino, reports The Real Deal.
Coney Island Housing Complex Gets $21M [TRD]
Press Release [R8NY]