On April 8, tenants at 2201-05 Davidson Ave. in University Heights announced they had completed the final step in transferring ownership of their building from a negligent landlord to a partnership between a nonprofit and the city—paving the way for residents to eventually become cooperative shareholders.
This marks the first time in seven years that the city has removed a building from its owner, and the planned conversion into a co-op is an even rarer move, according to organizers with the Northwest Bronx Community and Clergy Coalition (NWBCCC), who worked with residents over nearly ten years.
