Nonprofit housing experts, federal officials, and politicians crafted a first-rate deal to bail out nearly 500 brownstones that have been exploited through a federal mortgage loan program–but putting this complicated plan in practice will be another matter.
Nonprofit city contractors routinely grumble that they don’t get paid on time. A City Council hearing–and potential rule changes–may ease their pain.
After 18 hours of nonstop negotiations, a last-minute deal between Legal Services staff and management averts a strike.
