Housing Update: Funding for Land Trusts, NYCHA’s New Chair, 125th St. Building Boom

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Community land trusts will receive a boost of $750,000 to go towards technical assistance, educational outreach, and organizing that must occur before acquiring property, Curbed reports. Read more about the new funding here.

The New York City Housing Authority has named a new chair. Gregory Russ, the current head of the Minneapolis public housing system and former head of Cambridge public housing, has experience of turning housing over to private operators, the Post reports. He will be paid handsomely, the City reports.

NYCHA is backtracking on a plan to build a private apartment building on the property of an Upper East Side complex after protests and a lawsuit against the project, Curbed reports.  

Major developers are buying up properties along East 125th Street in advance of the coming extension of the 2nd Avenue subway, Crain’s reports. The subway is not expected to be completed until the end of the decade, but as we recently reported, the city’s plans to acquire properties for construction are also worrying the residents and businesses that fear displacement.

An Astoria family is accused of operating a sprawling network of illegal Airbnb rentals, in Queens, Manhattan and The Bronx, earning more than $5 million. The network booked close to 60,000 guests in the past four years, Patch reports.

Families in the city’s shelter system are moved, often involuntarily, far from work, school and family, for reasons that remain unclear, the Times reports.

For Your Calendar:
  • PLANNING CONFERENCE: A two-day conference bringing together researchers, community groups and others committed to progressive planning. Friday, June 21 & Saturday June 22 at the Pratt Institute. More Information
  • SOLAR CELEBRATION: Discussion with solar innovators from around the city and a celebration of 22 co-ops that have installed solar power systems. Friday, June 21. 6pm  More Information
  • FAIR HOUSING DISCUSSION: The city’s Department of Housing Preservation and Development will hear input and share findings from collaborative planning with communities. Saturday, June 22, 11 am – 3 pm. Museum of the City of New York. More Information
  • NYCHA BOARD MEETING: A monthly meeting of NYCHA’s executive team with public discussion of activities and time for public comment. Wednesday June 26, 10 am.  More Information
Do you know if your apartment is rent-stabilized?

If it is, there are strict rules governing what rent the landlord can charge. (They also just got stricter). There’s no public database of rent-stabilized apartments, but this tool makes it easier to figure out. Simply enter your address and follow the steps.  Is my apartment rent-stabilized?

Actually Affordable Apartments Available  

Median household income was $50,711 in New York City in 2017. We’re listing apartments available for under 30 percent of that, monthly or $1,408, culled from New York City’s affordable housing lotteries and market-rate listings.

LOTTERIES ENDING IN THE NEXT WEEK:
Williamsbridge, Bronx
1-bedroom apartment. New construction.
$1,400. Affordable Lottery
*Apply by Monday June, 24

Crown Heights, Brooklyn
Studios, and 1-bedroom apartments. New construction.
$1,168-$1,254. Affordable Lottery
*Apply by Tuesday June, 25

LOTTERIES WITH FUTURE DEADLINES:
Morisana, Bronx
Studios, 1-, 2-bedroom apartments. New construction.
$719 – $945. Affordable Lottery

Melrose South, Bronx
1-, 2-, 3-bedroom apartments. New construction.
$719 – $945. Affordable Lottery

MARKET RATE LISTINGS
Bedford Stuyvesant, Brooklyn
3-bedroom apartment. Stabilized 12-unit building.
$1,350. Street Easy.

Bedford Stuyvesant, Brooklyn
Studio in 3-unit building.
$1,375. Street Easy.

Astoria, Queens
Studio in two-unit building in Steinway.
$1,350. Street Easy

Sunset Park, Brooklyn
Studio in 10-unit walkup.
$1,400. Street Easy

Homecrest, Brooklyn
3-room studio
$1,400. Street Easy

2 thoughts on “Housing Update: Funding for Land Trusts, NYCHA’s New Chair, 125th St. Building Boom

  1. Pingback: Funding for Land Trusts, NYCHA's New Chair, 125th St. Building Boom | ElectriCache

  2. Pingback: June 28, 2019 – Weekly News Roundup - New York, Manhattan, and Roosevelt Island | Manhattan Community Board 8

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