Sto Corp. helps provide the former Ocean Village with a new beginning

Posted by Editorial  | December 22, 2016

Sto Corp. helps provide the former Ocean Village with a new beginning


Ocean Village was a series of 11 dilapidated buildings, which sat on the Rockaway Peninsula of New York with a beautiful view of the Atlantic Ocean.  Now, after years of decline, the concrete clad 1,000+ unit apartment development has become a new showcase for the area, thanks to a $60+ million repair and a team effort put together by L+M Development, which included Sto Corp. and its energy-efficient, eye-catching cladding, StoTherm Lotusan NExT®.

 

As far back as 1970, the low-income housing complex was becoming an eyesore, and then was subsequently damaged by the destructive effects of Hurricane Sandy.  Occupancy rates were dismal. Not only did it look damaged, but the buildings were rotting away.

Originally published in PRISM • December 2016

To read more of this article, please click the link below.

View the full article