Caroline Woolard, an artist who had been working in Brooklyn, is one of the individuals behind the project. Ms. Woolard became interested in the issue due to the lack of bank support for artisans in the city. The new cooperative aims to address the issue and could use Stationery printing in Secaucus as it develops. Ms. Woolard has underlined the pressure that initially caused the group to form, telling Crain’s New York Business:
“It’s expensive to be poor. If you don’t have much capital, not much is possible.”
Ms. Woolard developed her ideas via a Facebook discussion with Paula Segal. Ms. Segal is an attorney with experience of rejuvenating empty urban spaces.
It might not be possible for the organization to salvage existing buildings due to the issue of cost. Ms. Woolard has stressed that purchasing vacant plots of land might be an alternative way forward.
However, the future decisions of the cooperative are not easy to predict. This is in part because ordinary members will want to have a say. It is also because organizational issues could delay the production of coherent strategies.
It has been reported that one hope is that within a period of two years the cooperative will have compiled a list of possible properties. By that time, the hope is that the group will have sufficient funds to purchase one.
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