Issue
“We need more housing”: Q&A with BRP Companies’ Meredith Marshall
As a managing partner of BRP Companies, Meredith Marshall is one of the largest builders of affordable and workforce...
Affordable Housing
Housing is considered affordable if it costs one-third or less of a household’s income and is stabilized to avoid rent increases over time.
Affordable Housing Q&A
Why is affordable housing an issue?
Affordable housing can allow residents financial security and stability. However, many landlords and property owners argue that stabilized rents for affordable housing make renovating and maintaining property difficult or impossible. There are different opinions about the impact of affordable housing on neighborhoods, whether or not the government is obligated to provide and create affordable housing, and how and to whom affordable housing should be made available.
Want to know more about affordable housing?
Check out The Real Deal's latest coverage in the Top Stories section below.
Affordable Housing Top Stories
August 14, 2019—An affordable housing building from Grand Street Guild is coming to the Lower East Side
August 9, 2019—Kanye West has been cited for violating city code while building his “Star Wars”-inspired affordable housing domes.
The Latest
Apartment project near Brooklyn Botanic Garden is shortened
A developer who proposed two Crown Heights apartment towers, only to be shot down by the mayor because they...
Facing backlash, developer promises Crown Heights supermarket
The owner of a Crown Heights parcel that houses an Associated supermarket says it plans to replace the store...
Shaun Donovan can do housing. Can he do politics?
Say this for Shaun Donovan: If he succeeds in his bid to become mayor of New York City, he...
BRP’s Meredith Marshall: “We get the story wrong in New York”
Developers often get a bad rap in New York City, with politicians eschewing donations, resident groups resisting gentrification and...
The Closing: Ray McGuire
For this month’s The Closing, The Real Deal sat down with banker-turned-mayoral candidate Ray McGuire. Like many candidates in the Democratic primary, he lacks name recognition and experience in politics. Instead, McGuire, 63, was...
National
Workforce housing investor gets $320M boost
A private equity firm that backs workforce housing is getting a financial boost. Almanac Realty Investors, an affiliate of Neuberger Berman, is investing $320 million in Asia Capital Real Estate. The investment will target...
Council bill favoring nonprofits for affordable housing will hurt minority-led firms: developers
For many minority developers, building the necessary capacity and experience to win a steady stream of work in New York City has been an...
The Closing: Ray McGuire
Ray McGuire’s path from “the streets to the suites” is made-for-movie stuff. Growing up poor and fatherless in Dayton, Ohio, he worked his way into the elite boarding school Hotchkiss, then Harvard for undergraduate,...
National
Belveron Partners closes $280M fund for affordable housing
Belveron Partners closed a $280 million fund to invest in affordable housing across the country as the sector gains...