Login / Register
Architecture and Design
The Long View
Special issue archive
3-D New Development Map
The Real Deal New York
Fake broker faces six years in jail for affordable housing scheme
October 11, 2018 06:00PM
A Sheepshead Bay woman who posed as a real estate agent will soon be moving into jail. Yelena Litvak was sentenced to six years...
State comptroller raises questions about spending at Mitchell Lama development
September 07, 2018 09:00AM
The city’s Department of Housing Preservation and Development needs to keep a tighter leash on spending by Mitchell Lama developments, according to a new...
Mayor’s love affair with affordable housing continues: city sets aside $250M to preserve Mitchell-Lama units
October 27, 2017 09:43AM
The de Blasio administration is setting aside $250 million to help Mitchell-Lama complexes remain affordable. Mayor Bill de Blasio made the announcement at Clinton...
New bill would require city to publish annual report on Mitchell-Lama developments
May 11, 2017 05:25PM
A new bill seeks to require the city to provide an annual report on waiting lists for each Mitchell-Lama housing development. The report would...
Residents of BK Mitchell-Lama co-op vote against privatization
February 28, 2017 12:30PM
The shareholders at a Mitchell-Lama co-op building in Clinton Hill rejected a plan to privatize their property, passing up the opportunity to possibly sell...
Residents at BK Mitchell-Lama building weigh privatization
February 23, 2017 11:30AM
The shareholders at a Mitchell-Lama building in Clinton Hill will today vote on a plan that would allow them to sell off their publicly-subsidized...
Millionaires exploiting Mitchell-Lama housing program: audit
March 11, 2016 09:31AM
Millionaires enjoy the best the city has to offer — including, it seems, affordable housing, according to a new report. New York State Comptroller...
Developer secures $50M loan for 438-unit Brooklyn housing complex
February 29, 2016 11:45AM
Developer William R. Lucas Realty Services secured $49.5 million in financing from Prudential Mortgage Capital Company and Freddie Mac for the 438-unit Rutland Road...
Phoenix Realty acquires trio of Bronx Mitchell Lama buildings
January 29, 2016 05:11PM
The Phoenix Realty Group will renovate a trio of Mitchell Lama apartment buildings in the Bronx through an agreement with the city affordable housing...
Clinton Towers tenants fight back against planned rent hike
December 21, 2015 03:48PM
Tenants at a Hell’s Kitchen apartment complex are none too pleased at their landlord’s plans for an “enormous” proposed rent increase at the property,...
Mitchell-Lama waitlisters were carelessly skipped over: Comptroller
July 29, 2015 03:55PM
Scores of waitlisted applicants at Mitchell-Lama developments have been illegally passed over for apartments as a result of alarmingly dsyfunctional building management, a state...
Bushburg buys Bed-Stuy rental complex for $38M
March 06, 2015 02:00PM
Bushburg Properties picked up a four-building, 283-unit Bedford-Stuyvesant apartment complex from E&M Associates for $38 million, The Real Deal has learned.
BFC pays $75M for Staten Island affordable housing complex
December 23, 2014 09:00AM
BFC Partners is buying a 536-unit property on Staten Island for $75 million. As part of the deal, the developer will rehabilitate and preserve the...
Ruling eases taxes on Mitchell-Lama units going private
December 18, 2014 02:07PM
Owners of some of the city’s subsidized apartments will find it easier to make their way out of one of the city’s most widely-used affordable housing...
East Harlem to lose bastion of affordable housing
December 07, 2014 01:00PM
The Lakeview Apartments, a four-building, 446-unit complex, is one of the last remaining state-guaranteed affordable housing complexes in East Harlem. But the complex’s owner...
Tenants, pols battle rent hike at Knickerbocker Village
September 09, 2014 12:00PM
Tenants and elected officials are asking the state to reduce a rent hike at Knickerbocker Village, a 1,600-unit affordable housing complex on the Lower...
Tenants at Mitchell-Lama site in Brooklyn go after co-op board
August 22, 2014 09:00AM
Residents of one of the city’s largest middle-income housing cooperatives are petitioning against their co-op board. The residents of the Lindsay Park Housing Cooperative...
Co-op president dodges suit over Kips Bay apartment
April 16, 2014 02:30PM
The president of an affordable housing co-op board won the legal tug-of-war over an apartment in Kips Bay. A resident of The East Midtown...
New York Dems propose $750M Mitchell-Lama revival
February 07, 2014 11:43AM
A group of New York Democrats known as the Independent Democratic Conference will propose a $750 million rebirth of the Mitchell-Lama middle-income housing program...
Revealed: The secret to navigating NYC’s affordable housing
February 03, 2014 03:51PM
A Manhattan three-bedroom for $1,000 per month. An East Village co-op with a mere $545 maintenance fee. They do exist. The secret to the...
WeWork expands mid-sized tenant portfolio in Gramercy, Chelsea and Midtown
This City Council bill would require landlords to retrofit buildings
Gural family’s GFP planning $240M biotech center in Long Island City
CBRE’s co-working company brings on former WeWork exec
Here’s the latest condo building cashing in on the LIC boom
November 2018 issue
Digital Ad Products
Join over 200,000 real estate professionals who receive our daily newsletter
All rights reserved © 2018
The Real Deal
is a registered Trademark of Korangy Publishing Inc.
450 West 31st Street