Adi Talwar
The Gun Hill Houses in the Bronx, as seem from the 2/5 platform along White Plains Road. NYCHA believes it has come up with a way to shift its entire portfolio off the traditional (and for decades unreliable) public-housing funding stream.
‘The Public Trust would at long last empower NYCHA to leverage debt, allowing it to deploy capital funds quickly, cut through antiquated procurement rules, and make measurable improvements in the lives of hundreds of thousands of New Yorkers.’
‘We are seeing a rampant level of opposition to every suggestion of new housing going back to before the COVID-19 pandemic. If we are going to address the housing shortage and fuel the recovery, we must strengthen our practices to ensure there is always a net positive for communities.’
‘It’s clear that New York City is going to face changes in how—and where—people live and work. However, any program to convert empty office spaces and hotels to housing must be considered from both sides.’
‘It’s counterproductive to tie the hands of the City’s Department of Housing Preservation and Development (HPD), an agency already stretched to the limit as they attempt to deal with an affordable housing crisis.’
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