Abstract

Cut Your Own Rent

Cooperative housing is not a new thing in the U.S. The Amalgamated Clothing Workers and other organizations have built great cooperative apartment houses, which have been very successful, but this first housing project of the Consumers' Cooperative Services Inc. is organized to provide an unusual degree of security and flexibility for the tenant's investment and to offer apartments of modern type in a location, which compares most favorably with that of even the most expensive "commercial" apartment houses. In this respect it follows very closely the practice as typified in the immense cooperative housing projects carried on in European countries. It is the first cooperative housing plan in this country to be sponsored by a cooperative organization which is actively carrying on other cooperative enterprises.