A stalled residential development site in Manhattan, one of dozens around the city. The collapse of the housing market may have slowed the loss of affordable housing in the city, but as development resumes the pressures will resurface. Meanwhile, the foreclosure crisis, overleveraged private equity buildings, vacancy decontrol and underfunded public housing are challenges advocates want the next governor to face.
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.
Police think Billy Murphy died in an accident. But if the homeless man’s friends are right in suspecting foul play, it’d be one of an increasing number of attacks on the homeless nationwide.
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.
NYCHA’s using community input to plan for what to build after three public housing towers are demolished. But the plan means a loss of public housing, and it confronts deep distrust from some tenants.
Tenants and elected officials are suspicious of the unnamed buyer eyeing 10 distressed Bronx buildings, but the city’s housing chief wants to give the new owner a chance.
Two city agencies are working to reform the city’s juvenile justice system, partly by putting more troubled kids into community-based programs and counseling.
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.
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