From schools to public housing to hospitals that serve the poor, private firms are being brought in to rescue remnants of an earlier, more ambitious era of government.
The saga of 10 Bronx buildings that fell into disrepair after their owner defaulted has inspired a new city program aimed at detecting problem buildings—before they become problems.
The city’s housing agency subpoenaed the former and current owners of the Milbank portfolio, a group of 10 Bronx buildings that has become a test case for what happens to…
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.
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.
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.
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.
In a move signaling the biggest changes since the advent of public housing 70 years ago, the U.S. Department of Housing and Urban Development told Congress last week that it…
