New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… Some New York City renters could gain a path to buying their apartments under legislation passed in the … for landlordswhich Hochul pitched in January Read on for how the state budget impacts NYCs renters and wouldbebuyers … law the Affordable Housing Retention Act brings back the old 15 percent margin for certain properties Still most NYC …

By Celia Young |May 22, 2025 - 10:30AM