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

… sort out the details but the bottom line is we will use the legal mechanism of eminent domain to take those properties … send a clear message that were not going to just let people live in squalor … How would you fund this program and … person … You Might Also Like … viewbublogpanes=ymalinline … Live … Neighborhood Intel … developer … landlords … Mitchell …

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

… A new program aims to increase affordable housing development across New York City through city subsidies tax exemptions and private financing Developers of projects where at least 70 percent of the … MIMI at the end of 2023 a year marked by a slowdown in development after the expiration of the popular 421a tax …

By Celia Young |January 8, 2024 - 11:00AM
How to dig up intel on a NYC condo developer before you commit to buying

… but you dont always know what youre getting until the building is complete  One of the most important … Are residents generally happy in this developers other buildings Were their other projects delivered on time and on … be in the apartment listing or on the buildings promotional website The sponsor might also consist of a group of …

By Emily Myers |January 26, 2023 - 3:30PM