“There are many underdeveloped areas across Manhattan, which could provide tens of thousands more housing units, more than 40 percent of which could be affordable. Strategic planning and investment can…
“A housing package that protects tenants, builds affordable housing, and creates good jobs is possible, but bad actors in the real estate industry would rather hold my members and all…
“With rents on the rise and housing in short supply, this is one of the nation’s most effective weapons in the fight against a crisis that remains stubbornly severe.”
The initiative will invest $10 million to repair stabilized units that have sat empty, and turn them over to tenants with rental assistance vouchers—what the administration described as a “creative…
“Hurricane Sandy damaged 10 percent of the city’s housing. In a city with a vacancy rate of 4.5 percent, even a temporary loss of the housing supply isn’t just a…
