After more than four decades since its initial proposal, the long-awaited Matinecock Court is coming to fruition. Positioned at the northwest corner of Elwood Road and Pulaski Road, this project aims to offer 146 limited-equity cooperative homes. These residences will have monthly maintenance fees ranging from $1,300 to $1,900, depending on the size of the unit.
Prospective residents of Matinecock Court will have to meet income requirements that restrict ownership in the gated community to households earning between $47,000 and $95,000 a year.
The development will bring 17 two-story buildings consisting of 18 one-bedroom units, 89 two-bedroom units, 38 three-bedroom units and a two-bedroom unit for the superintendent. Six of the units are slated for residents with developmental disabilities. The project will include a community building and its own sewage treatment plant.