Adams to tap Jessica Katz for housing post, Carlo Scissura to run EDC
Mayor Eric Adams’ real estate brain trust is starting to take shape. Adams is expected to appoint Jessica Katz...
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“A hard commissionership”: Housing czar on escaping a mob, saving projects
Meeting the demand for affordable housing is already an impossible task for the head of New York City’s housing...
Red tape keeping affordable units empty for 15 months
A year after the city overhauled its notorious application process for housing lotteries, a new study indicates the primary...
Size doesn’t matter, say New York’s co-living and micro developers
For 25 years, developer Chris Cirillo has been trying to make something — anything — out of 244 East...
Trust-fund kids exploit NY housing subsidy program
The rich get slicker. Housing Development Fund Corporation cooperatives were designed with low-income homebuyers in mind. But the children...
State pushes to revive tax break for property owners
If a tax break for property owners expires during a pandemic, but few people notice, does it still make...
Last call for senior housing program
Developers have less than a month to submit plans under a senior housing program that the de Blasio administration is ending. The Department of Housing Preservation and Development announced that it will only accept...
De Blasio restores $466M to housing capital budget
The de Blasio administration has backtracked on its plans to cut $1 billion from the city’s affordable housing budget....
City’s housing plan suffers major blow in “painful” budget
New York City’s affordable housing program is about to take a hit. The $88.1 billion budget deal approved by...
Whatever happened to the city’s largest vacant lots?
New York has a housing shortage, yet no shortage of vacant lots. The city cannot compel development on private...