Rochdale Village

What Rochdale Village does

Rochdale Village is a Mitchell-Lama housing cooperative in Jamaica, Queens, New York, comprising 5,860 residential apartments distributed across 20 thirteen-story buildings on 120 acres of what was formerly the Jamaica Racetrack. The community serves close to 25,000 residents, primarily low- and middle-income families who purchase shares in the cooperative corporation rather than holding conventional real-property title, subject to New York State Division of Housing and Community Renewal (HCR) income limits and multi-year waiting lists (36–48 months depending on unit size). Apartment offerings are limited to 1, 2, and 3 bedroom layouts, with shared amenities including a community center, senior center, NORC (Naturally Occurring Retirement Community) program, an on-site public library branch, youth and after-school programming, reserved parking, basketball and tennis courts, playgrounds, and a community garden.

The property is largely self-contained. A private on-site power plant independently generates all electrical power, heating, air conditioning, and domestic hot water for the residential development and the two on-site shopping malls (Mall #1 at 169-65 137th Avenue and Mall #2 at 165-100 Baisley Boulevard), making the development effectively off the commercial grid. Commercial tenants include Key Food, Chase, Citibank, Rite Aid, Advantage Care Physicians, and assorted restaurants, medical offices, and personal-services providers, providing a captive customer base. A 24-hour Public Safety Department staffed with peace officers coordinates with NYPD's 113th Precinct. As of February 1, 2026, property management is outsourced to Douglas Elliman Property Management (a PMG Holdings/Associa subsidiary), with General Manager Cary Smith III overseeing operations. Resident services (payments, maintenance requests, communications) run on the ReziConnect platform.

Rochdale Village is privately held by its shareholder-residents and governed by a Board of Directors; it is not a venture-backed entity and does not raise external funding. Revenue is generated primarily through cooperative share sales and recurring monthly carrying charges from the ~5,860 cooperators, supplemented by commercial rents from the two shopping malls, parking fees, and ancillary service income. The cooperative became 100 percent owner-occupied in the late 20th century, eliminating rent-stabilized units, and operates under the legacy of the United Housing Foundation, which developed the property in 1963. Headcount is in the 101–250 range, primarily management, maintenance, public safety, power-plant operations, and administrative staff.

Name

Rochdale Village

Legal name

ReziConnect, Inc.

Website

https://rochdalevillage.com

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

101–250 employees

Short description

Rochdale Village is a Mitchell-Lama housing cooperative in Jamaica, Queens, operating 5,860 cooperative apartments across 20 buildings on 120 acres, serving close to 25,000 low- and middle-income resident-shareholders with on-site amenities, two shopping malls, and a private power plant.

Ownership category

akta.pro rank

Product category

Cooperative Housing

SIC

Real Estate Operators (No Developers) & Lessors (6510), Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

Cooperative (Co-op) Housing Association Management (BPAJAHAC)

akta.pro secondary industries

Active Adult / Senior Community Association Management (BPAJAHAJ), Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)

Keywords

• Cooperative housing
• Affordable housing
• Residential apartments
• Housing cooperative
• Property management

Headquarters

HQ city

Jamaica

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Cooperative Share Sales: Rochdale Village is a housing cooperative where residents purchase shares in the corporation rather than renting or owning property outright. The cooperative was developed under the Mitchell-Lama Housing Program to provide affordable housing for low- and middle-income families. Toward the end of the 20th century, Rochdale Village became 100 percent owner-occupied to eliminate rent-stabilized apartments.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Rochdale Village is a Mitchell-Lama housing cooperative in Jamaica, Queens, NY that provides 5,860 residential apartment units (1, 2, and 3 bedrooms) across 20 buildings on 120 acres. Residents purchase shares in the cooperative corporation under income-eligibility limits and gain access to a self-contained community featuring two on-site shopping malls, community and senior centers, a private power plant, a public library branch, youth programs, and 24-hour public safety services. The development operates close to off-grid through its independent power plant that generates all electricity, heating, air-conditioning, and hot water for the community.

Product overview

Rochdale Village is a Mitchell-Lama cooperative housing development in Jamaica, Queens, NY comprising 5,860 residential units in 20 buildings across 120 acres. The community is largely self-contained, offering multiple product lines: cooperative apartments (1, 2, and 3 bedrooms), two on-site shopping malls with retail/grocery/personal services, community and senior centers, a N.O.R.C. program for seniors, a private power plant (off-grid), a public library branch, youth programs, and reserved parking. The property is managed by Douglas Elliman Property Management, with resident services facilitated through the ReziConnect platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Cooperative Housing Apartments

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Douglas Elliman Property Management (DEPM)coreStrategic or Co-development PartnerAs of February 1st, 2026, Rochdale Village is managed by Douglas Elliman Property Management (DEPM), which is owned by PMG Holdings – a subsidiary of property management giant Associa. DEPM has been providing residential property management for over 100 years and is ranked #1 among New York City's residential management companies. General Manager Cary Smith III oversees operations to preserve affordable housing while maintaining high quality of life standards.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Others

• Queens Public Library: Operates the on-site Rochdale Village Library branch. Comparable as a co-located community-service provider that contributes to the self-contained community ecosystem Rochdale Village uses as a differentiator.
• Associa: The parent company of PMG Holdings and Douglas Elliman Property Management — Rochdale Village's new management firm. Associa is one of the largest community association management companies in North America and is comparable as the parent platform of Rochdale Village's operating partner.
• Mitchell-Lama Residents Coalition: A coalition representing Mitchell-Lama tenants and shareholders across NYC developments. Relevant as an industry association whose policy advocacy directly shapes the regulatory environment Rochdale Village operates within.

Broad incumbents

• Breaking Ground: One of the largest providers of supportive and affordable housing in New York. Comparable as a large-scale affordable housing operator serving low-income populations, though focused on supportive housing rather than family cooperatives.
• L+M Development Partners: A leading NYC-based developer of affordable, mixed-income, and market-rate housing. Comparable in its focus on building and operating large-scale affordable housing in New York, but functioning as a private developer/owner rather than a cooperative.
• New York City Housing Authority (NYCHA): The largest public housing authority in North America, providing affordable housing to hundreds of thousands of New Yorkers. Comparable as a major provider of regulated affordable housing in NYC, though it is public and rental rather than cooperative-owned.
• Related Companies: One of the largest developers of affordable and mixed-income housing in the U.S., with a major NYC presence. Comparable as a large-scale owner/operator of affordable housing supply, though as a private developer rather than a resident-owned cooperative.

Direct peers

• Amalgamated Dwellings Inc. A limited-equity housing cooperative in the Bronx developed by the Amalgamated Clothing Workers Union in 1930. It is comparable as a New York City cooperative with restricted-resale/affordability structure serving middle-income residents.
• Penn South Civic Center: A Mitchell-Lama housing cooperative in Manhattan with ~5,200 units built in the early 1960s by the United Housing Foundation. It shares Rochdale Village's Mitchell-Lama heritage, cooperative ownership model, and UHF lineage.
• Riverbay Corporation (Co-op City): Manages Co-op City in the Bronx — the largest housing cooperative in the United States with ~15,000 units. It is the closest direct peer to Rochdale Village in terms of scale, cooperative ownership structure, and New York City affordable housing context.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Rochdale-Village-1516495115296835

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rochdale Village