Councilmember Lincoln Restler opposed the Monitor Point project, which will build over 1,000 apartments on an MTA lot in Greenpoint, until just before it came to a vote, citing an…
The revised Community Opportunity to Purchase Act, which now has a majority of sponsors in the City Council, aims to strengthen community land trusts and create more opportunities to place…
“Many have claimed they can subvert the profit-seeking instincts of the development industry,” the author writes. “Once private financial interests are invited into public spaces, sooner or later, their basic…
Manhattan Borough President Brad Hoylman-Sigal is hiring a full time organizer to create a borough-wide tenant union, continuing a trend of city government supporting tenant groups.
In 2022, developers behind two Atlantic Avenue projects committed to making a “record-setting” 35 percent of the apartments affordable. But after interest rates shot up and the owner cited cost…
“If New York City truly values affordable housing, it must also value the economic sustainability of the buildings and small owners providing that housing.”
“The core problem with New York’s housing affordability is not, at its heart, a rent regulation problem. It is a divergence problem. Rents for existing affordable units have become increasingly…
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