River Terrace Apartments, also known as 158th Street Riverside Drive Housing, is a Mitchell-Lama cooperative in New York City. With 431 units, this cooperative is located uptown in Manhattan on Riverside Drive West, between 155th and 158th Streets. Governed by a 9-member board of directors elected by the residents, River Terrace Apartments is supervised by the New York City Department of Housing Preservation and Development (HPD) and managed by an on-site manager.
As a Mitchell-Lama cooperative, River Terrace Apartments aims to provide affordable housing to its residents. The board of directors formulates policies and ensures the financial well-being of the cooperative, while the on-site manager handles day-to-day operations. With its convenient location and commitment to affordable housing, River Terrace Apartments offers a comfortable and accessible living option in the heart of Manhattan.
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