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 … an HDFC within the condo building both have to be managed by the same property management company and all residents … and created new zoning districts to allow for taller towers that include affordable units The budget also secures …

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