The city’s practice of selling off distressed real estate to private owners instead of developing it into new housing has sent one Harlem property to the biggest auction block of them all: eBay.
By changing the way it funds housing for the homeless, the Pataki administration may soon favor bigger developments built by bigger developers, a switch some longtime service providers fear could push them out of the mix.
In response to advocates’ claims that the city’s tax lien sales program hurts some low-income homeowners, two City Council staffers defend their efforts to protect residential properties.