Affordable homeownership was an ingredient in the prescription that brought New York City back from the dead. Now, some experts say, it is homeownership that needs saving in New York.
Tenants of a rent-stabilized building testified in Brooklyn housing court after filing a lawsuit against their landlord and the city’s housing department over what they allege were a lack of repairs and enforcement that has prevented them from returning home since an August 2018 fire.
The 2019 Mayor’s Management Report was full of interesting and esoteric statistics from the city’s various agencies.
Plus, a lifeline for senior housing, a glut in luxury condos and reports of ‘good faith’ deposits.
In areas hit hard by Sandy, the choice between rebuilding or retreating isn’t easy for anyone. It’s harder for those whose finances make elevating their home or accepting a buyout all but impossible.
‘For the first time in a decade, the DHS shelter census is flat and actually trending downward,’ Steven Banks, the commissioner of the Department of Social Services, told the Max & Murphy Show.
Owners on the city’s coastline and their advocates are bracing for impact as two more major anticipated changes to federal flood insurance policy promise to fundamentally alter the landscape of affordable housing in New York City.
Twenty-year funding contracts could open the door for roof repairs, new boilers, tigher windows and more at dozens of New York City buildings.
A new building that will generate funds to support Brooklyn Bridge Park could have been all luxury rentals, but instead will set aside a majority of its apartments for specific income groups. But some of those units will serve relatively affluent New Yorkers. So is this a minor victory, or another loss, for affordability in NYC?
Three experts on New York City’s environment on New York City’s natural areas, the biodiversity that exists within them and how climate change is going to affect them.
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