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Hotel Woodstock

"HOTEL WOODSTOCK, 127 West 43rd Street,

New York, just East of Times Square and Broadway.

Only a step to all Shops and Theaters. In the center

of everything.

 

You're 'THERE' at the Woodstock

 

Most Convenient Location in New York City"

 

Postmarked on July 25, 1939

 

The Woodstock Hotel building was completed in 1901 and still exists. Since the 1970s, it has served a different function:

 

"Project FIND, a community-based organization serving the needs of low-income seniors on Manhattan’s West Side, was the first nonprofit group to manage an SRO [single room occupancy units] in New York. Created as part of a national demonstration project on elderly advocacy in 1967, Project FIND was an early vocal opponent of the destruction of West Side SROs and a leader in the fight to extend tenants’ rights to SRO residents. In 1975, the agency obtained a management and operating lease on the Woodstock Hotel, a former luxury hotel located in the heart of Times Square. Originally featuring such amenities as a fountain pool with live alligators, the Woodstock had fallen into deplorable condition with only 80 of its 320 rooms habitable. Project FIND’s goal was to rehabilitate the building into permanent housing for low-income elderly persons.

 

Through government job-training contracts and the meager rent roll, Project FIND slowly renovated rooms and built occupancy to a level high enough to sustain basic building operations. In 1979, the agency was able to buy the building using a purchase money mortgage. Given a dearth of government capital and operating funding, Project FIND was forced to operate and rehabilitate the building over the next 20 years on shoestring budgets and an amalgam of small city and state grants, support from church groups and tenants’ rents. Finally, in the early 1990s, the building received funding from HPD’s SRO Loan Progress for a total refinancing and renovation."

 

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Uploaded on November 25, 2011
Taken on October 30, 2012