Activists target for-profit developers of affordable housing

NYSAFAH says unions behind attack

New York /
Jun.June 24, 2016 09:32 AM

“The Real Gentrifiers of NYC” sounds like a new reality show on Bravo. In fact, it’s a campaign by an activist group critical of Mayor Bill de Blasio’s housing plan, which is taking aim at for-profit developers of affordable housing.

New York Communities for Change says the New York State Association for Affordable Housing is a mouthpiece for for-profit developers and is responsible for gentrification, Politico reported.

“The Real Gentrifiers” campaign is calling on elected officials to turn away campaign contributions from NYSAFAH. NYCC recently organized a protest outside the Greenwich, Conn., home of Ron Moelis, a founder of low- and middle-income housing developer L+M Development Partners, a for-profit company.

“NYSAFAH developers often act like the Koch brothers and try to buy elections as a way to rig housing and development policy in their favor,” NYCC said in a statement.

NYSAFAH, whose members include for-profit and non-profit developers, called NYCC’s campaign a “misleading political attack orchestrated by construction unions seeking to increase their market share.” [Politico] – E.B. Solomont


Related Articles

arrow_forward_ios
City Planning Commissioner Chair Marisa Lago (Getty, Dept. of City Planning)
Gowanus rezoning gets green light
Gowanus rezoning gets green light
DHS Commissioner Steven Banks. (Getty, Google Maps)
City to open Soho homeless shelter
City to open Soho homeless shelter
For New York landlords, PACE just isn’t moving fast enough
For New York landlords, PACE just isn’t moving fast enough
For New York landlords, PACE just isn’t moving fast enough
Mayor Bill de Blasio and City Hall (Getty, Paul Hermans/Wikimedia)
NYC to city workers: Come back to the office
NYC to city workers: Come back to the office
227 Duffield Street in Brooklyn (Google Maps)
Sale of Underground Railroad site to city caps off “financial disaster”
Sale of Underground Railroad site to city caps off “financial disaster”
NYCHA Chairman Gregory Russ and NYCHA federal monitor Bart Schwartz. (NYCHA Monitor)
NYCHA overhauling management system
NYCHA overhauling management system
Continuum Company founder Ian Bruce Eichner and the former Spice Factory at 960 Franklin Street (Getty, Google Maps)
Eichner’s Crown Heights rezoning delayed once again
Eichner’s Crown Heights rezoning delayed once again
Mayor Bill de Blasio (Getty, iStock)
NYC to revive $17B in public construction projects
NYC to revive $17B in public construction projects
arrow_forward_ios

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

Loading...