Thanks to funding from a federal housing department program, a Las Vegas-based nonprofit bought a Harlem SRO last year. But the residents are being left to fend for themselves.
A legal loophole is letting units in one Harlem co-op be sold out from beneath longtime residents who can’t afford to swing with the booming housing market.
In a complex real estate deal, the YMCA unloads its white elephant on 23rd St. and achieves a New York miracle–nobody’s complaining.