Five years after it was introduced, the City Council passed a revised version of the Community Opportunity to Purchase Act, or COPA, which supporters say will give mission-driven groups a…
In 2025, NYCHA closed on the financing for repairs at 16 developments through the controversial PACT program, and moved ahead on renovation plans for two other public housing campuses funded…
“Voters have endorsed efforts to make development more efficient. But streamlining alone will not help solve the housing crisis if the city’s agencies lack the resources to implement these reforms,…
“New York City, long positioned at the forefront of housing innovation, is falling behind,” the author writes. “The most effective innovations happen when residents are treated as partners with authority and…
“The version of COPA now before the Council is a practical, well-crafted framework that will meaningfully strengthen New York City’s ability to preserve stable, affordable housing.”
“To create real opportunities, we need two parties entering negotiations with the same goal in mind—the sale of the building to a non-profit or a direct sale to tenants.”
Tenants in five East Harlem buildings won half a million dollars in back rent and repairs, in a settlement with their landlord over poor housing conditions. They now hope other…
Aunque PACT podría ser, por ahora, la vía más efectiva para financiar las renovaciones de manera rápida, muchos inquilinos siguen sin estar convencidos de que represente el camino correcto.
