Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing

… In his second bid for mayor former New York City Comptroller … land and use eminent domain to buy crumbling NYC buildings  The mayor will oversee city agencies that regulate landlords … heats up Brick Underground is interviewing the candidates whoif victoriouswill go on to shape housing development in …

By Celia Young |March 10, 2025 - 3:45PM
NYC launches program to help developers finance new affordable rental developments

… expiration of the popular 421a tax subsidy and a dwindling federal tax credit program The New York Times reported New … qualify for the program a projects affordable units must be rentstabilized for at least 30 years Rents need to be set at a level affordable to a New Yorker …

By Celia Young |January 8, 2024 - 11:00AM