Members of a near-century-old Forest Hills Tudor-style co-op have borrowed $5.2 million to make modifications and improvements to the buildings.
The Tennis View Apartments at 4 Dartmouth St., which were built in 1917, according to a representative at National Cooperative Bank (NCB), have deteriorating roofs. The co-op recently borrowed the money from NCB to revitalize the roofs and modernize the elevators.
The deal was arranged by Mindy Goldstein, senior vice president at NCB’s New York office.
The Tennis View Apartments comprise 175 units throughout five seven-story buildings, which were converted to co-ops in 1971.
There is no planned date for the construction as yet.
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