REBNY looks to provide housing in wake of East Harlem blast

Move seen by some as show of support for de Blasio administration

New York /
Mar.March 17, 2014 02:38 PM

The Real Estate Board of New York is offering 34 apartments to house residents displaced by the explosion in East Harlem last week that leveled two buildings and killed at least eight people .

Real estate executives plan to coordinate with the New York State Association for Affordable Housing to provide temporary and long-term housing for residents who were put out of their homes by the blast.

The board’s move is seen by some as a show of support for Mayor Bill de Blasio’s administration, Crain’s reported.

“We will continue to work with the city to provide a longer-term solution for those who were impacted, and hope that our partnership with Mayor de Blasio will help ease recovery efforts for all those affected,” REBNY President Steven Spinola said in a statement to Crain’s.

The collaboration could also be the beginning of a broader conversation regarding the state of the city’s deteriorating infrastructure. Recent studies found that much of NYC’s infrastructure is in dire need of repair. [Crain’s]Angela Hunt


Related Articles

arrow_forward_ios
John Banks
High expectations: A look at John Banks’ 4 years at REBNY
High expectations: A look at John Banks’ 4 years at REBNY
John Banks
John Banks to step down as REBNY president
John Banks to step down as REBNY president
REBNY Awards
Newmark Knight Frank wins REBNY retail award for Alamo Drafthouse deal in FiDi
Newmark Knight Frank wins REBNY retail award for Alamo Drafthouse deal in FiDi
Mayor Bill de Blasio (Getty)
City expands free legal services for tenants, fearing eviction rush
City expands free legal services for tenants, fearing eviction rush
Slate Property Group's Martin Nussbaum and a rendering of the project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Hakimian, Certes land $59M loan for East Harlem multifamily project
Total size of New York construction sites is smallest since 2010. (Getty)
New construction projects off to slow start in 2021
New construction projects off to slow start in 2021
The reopening of NYC has created a surge of demand for apartments. (Getty)
Reopening sparks signs of a real estate rush
Reopening sparks signs of a real estate rush
Mayor Bill de Blasio (Getty)
City rent board missing landlord rep ahead of preliminary vote
City rent board missing landlord rep ahead of preliminary vote
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...