Tension rises as public housing gets private management

Some tenants fear RAD program too good to be true

New York /
Oct.October 21, 2020 09:00 AM
A view of the Wise Towers at 117 West 90th Street (Google Maps)

A view of the Wise Towers at 117 West 90th Street (Google Maps)

Another 1,718 apartments across 16 Manhattan complexes are moving from public to private management, but some tenants fear promised upgrades are too good to be true.

New paperwork has been sent out to residents as the shift moves forward, according to The City. The step is a vital one in converting the New York City Housing Authority developments under the federal Rental Assistance Demonstration program.

RAD moves apartment complexes’ funding to Section 8, a reliable subsidy that allows private real estate companies to borrow against future revenues and spend the money on upgrades. The public housing units retain their affordability standard: Tenants spend no more than 30 percent of their income on rent.

The renovations include new kitchens and bathrooms, boilers and security systems, and come with the prospect of better day-to-day management than the Housing Authority provides.

The efforts were first announced in November, but the de Blasio administration’s embrace of RAD traces back to the Obama years.

In total, the plans will move a third of NYCHA’s 176,000 apartments to private management.

Although some residents trust the process, others fear displacement.

“They are really afraid that this lease thing is bogus,” Ernesto Carrera, president of the tenant association at Wise Towers, an Upper West Side complex that is part of the Manhattan bundle, told The City.

However, the conversion process includes provisions to protect tenants, such as that all vacancies will be filled from the Section 8 waiting list and all NYCHA tenants have a right to stay with no additional screening.

[The City] — Sasha Jones


Related Articles

arrow_forward_ios
The New York Life Sciences and Biotechnology Center at First Avenue and 41st Street (NY Life Sciences)
Life sciences leasing breaks annual record in five months
Life sciences leasing breaks annual record in five months
RSA President Joseph Strasburg (Rent Stabilization Association)
Landlords plea for water rate freeze ahead of vote
Landlords plea for water rate freeze ahead of vote
Speaker Corey Johnson and Mayor de Blasio. (Getty, The New York City Council)
City Council quietly cut homeless voucher eligibility ahead of vote
City Council quietly cut homeless voucher eligibility ahead of vote
Mayor Bill de Blasio (Getty, NY City Council)
All eyes on de Blasio after City Council approves housing voucher increase
All eyes on de Blasio after City Council approves housing voucher increase
City Council Speaker Corey Johnson and Mayor Bill de Blasio (Getty, iStock)
De Blasio balks as CoJo schedules vote on rental vouchers
De Blasio balks as CoJo schedules vote on rental vouchers
Hudson Companies President David Kramer and Comptroller Scott Stringer. (Getty)
Stringer-endorsed development plan falls short of his campaign proposal
Stringer-endorsed development plan falls short of his campaign proposal
Principal Deputy Assistant Attorney General Pamela S. Karlan and New York Policy Director Martha E. Stark. (Getty, NYU, Tax Equity Now)
NYC property tax reform advocates call for DOJ intervention
NYC property tax reform advocates call for DOJ intervention
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
arrow_forward_ios

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

Loading...