Riverbay Corporation, also known as Co-op City, is a New York State Mitchell-Lama housing cooperative nestled in the northeast Bronx. With 15,372 residential units spread across 35 high-rise buildings and seven townhouse clusters, it stands as the largest single residential development in the United States. Situated on 320 acres of land, Co-op City boasts a serene, park-like environment with ample green spaces, emphasizing cooperative living at its core.
Residents of Co-op City enjoy a range of on-site conveniences, including shopping centers, professional offices, playgrounds, community centers, dining options, and a public library. The community also features a tri-generation power plant that provides electricity, heat, hot water, and air conditioning to owners as part of their monthly maintenance charges. With its own garbage pick-up, Public Safety department, and community newspaper, Co-op City offers a self-sustaining lifestyle within a vibrant urban setting.
Managed by Douglas Elliman Property Management, Co-op City is governed by a resident Board of Directors overseeing community policy. The Riverbay Residential Sales Department serves as the exclusive agent for all apartment sales, upholding prohibitions on subletting. With easy access to public transportation, including an express bus to Manhattan, Co-op City remains a well-connected haven for its approximately 50,000 residents, embodying the essence of cooperative living.
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