Photo: Brad Lander Agreement Designates Monies from Battery Park City Authority’s Joint Purpose Fund to Be Spent on Affordable Housing NEW YORK – New York City Mayor Eric Adams, New York Governor Kathy Hochul, and New York City Comptroller Brad Lander today announced a $500 million investment from the Battery Park City Authority’s Joint Purpose Fund […]
Photo: New York State Senator, Andrew Gounardes. Editorial credit: lev radin / Shutterstock.com By Andrew Gounardes, City Limits With more than 100,000 New Yorkers in homeless shelters every night and more than half of renters in the state paying a third of their income in rent, we need to take bold action to address our affordable housing crisis. […]
The governor said she would replace the controversial tax abatement with something better, but its bones are the same.
New York, NY – January 6, 2022: Governor Kathy Hochul speaks during joint press conference with mayor Eric Adams on Fulton Street Subway Station. By Rebecca C. Lewis, City and State NY In her State of the State address, Gov. Kathy Hochul promised to end a controversial tax break to incentivize developers to build affordable […]
By Greg B. Smith
City housing lottery information was heavily redacted in a court filing. Photo: Ben Fractenberg/THE CITY The de Blasio administration is fighting to keep under wraps studies of its own data used to analyze whether the city’s affordable housing lottery system reinforces segregation. The latest result: a 31-page report filed in Manhattan Federal Court on […]