Turn-of-the-century apartment cooperative is New York’s first to apply solar panels for service water heating.
Two national needs, for low income urban housing and alternate energy sources, are met in a unique “sweat equity” rehabilitation of a Lower East Side Manhattan tenement building. The 11-apartment, five-story, 10,410 sq ft walk-up at 519 East 11th Street is one of mi;my similar structures in the city that have been abandoned by their landlords as unprofitable. An estimated 30,000 apartment units are being abandoned each year. Soaring fuel costs are pushing many marginal properties into the red.