Michael Blake wants to revamp how NYC determines eligibility for affordable housing

… member Michael Blake plans to tackle New York Citys housing crisis by ditching a longtime metric that determines who qualifies for affordable housingand replacing it with a measure for the true cost of … days without the owner on the premises Yes I would permit that … Rent freeze …  Would you support a  rent freeze …

By Celia Young |March 24, 2025 - 4:00PM
Hit the NYC jackpot: How to get an affordable Mitchell-Lama apartment to call your own

… buyers pay an equity value which they get back when they sell meaning theres no profit to be made In exchange for … residents this means a potential windfall since they can sell their apartments at market rates In the case of rental buildings the landlord can take the property out of the program once the mortgage is paid off …

By Leigh Kamping-Carder |March 15, 2018 - 3:00PM