10 Monroe Street

L+M Development Exploring Purchase of Knickerbocker Village

Posted March 29, 2021 at 5:00 am

Knickerbocker Village, one of the largest residential complexes in the city, is exploring a possible sale to L+M Development Partners, several tipsters tell us. Current management has reportedly been in ongoing negotiations with the prospective buyer, price unknown. And even though the deal is not yet final, tenants are concerned about the fallout. Namely the […]

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City Council Passes Bill that Keeps Knickerbocker Village Affordable for 50 Years

Posted November 1, 2019 at 5:08 am

City Council passed a resolution Thursday afternoon that preserves affordable housing at Knickerbocker Village for the next fifty years. The bill provides a property tax abatement that will help offset future rent hikes. Years ago, management for the Two Bridges residential complex announced a rent hike of 13% to account for upgrades to the aging […]

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