The economic crisis that dominates campaign 2010 began in the housing market. So what are the gubernatorial candidates—especially frontrunner Andrew Cuomo—saying to owners, tenants and landlords?
The city is cracking down on the owners of Bronx properties at the center of citywide concerns about what will happen to apartment buildings scarred by foreclosure.
New York’s Haitians opened their doors to those who fled January’s devastating quake. But amid cramped conditions and a lack of resources, the welcome might be wearing out.
As an unnamed buyer closes in on 10 Bronx buildings that fell into foreclosure after an overleveraged private-equity deal, an assessment says they need at least $19 million in repairs.
Hope Community LDC wants to purchase 47 East Harlem buildings out of foreclosure. But a tenant organization has raised questions about the would-be buyer’s past record.
The city budget fight is headed to a new venue: U.S. District Court. On Tuesday veteran AIDS activists at HousingWorks filed a motion for a restraining order to halt Mayor Bloomberg’s plans to slash funding for the city’s AIDS services agency. Justice Cheryl Pollak of the Eastern District will hear arguments in the case Thursday morning. Bloomberg’s budget – currently in the home stretch of negotiation with the City Council – calls for a $10 million cut to the HIV/AIDS Services Administration, which would translate to 248 fewer case workers for very poor, very sick people who get help with housing, food and medical care through HASA. “Those benefits save lives,” Leroy Rose, a HousingWorks client who has AIDS and receives HASA benefits said in a statement.