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 … convert those properties into condos if  just 15 percent of tenants or qualified buyers agree to buy Rentstabilized … New Yorkers or renters who have received an eviction notice are living in hotels or motels and even those who are …

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