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 … month The budget lowers the number of renters or wouldbebuyers that would need to agree to convert some newer large … The budget includes some big wins for owners and wouldbebuyers it blocks large investors from buying single and …

By Celia Young |May 22, 2025 - 10:30AM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… York City Comptroller Brad Lander bought an apartment with his wife in the 1990s for $125000 That move gave him the … Youve also proposed a coownership plan to help city workers buy property The plan involves the city pension fund putting … they will decimate the public housing budget  This is why we need to be able to use all the tools in the toolkit …

By Celia Young |February 24, 2025 - 3:30PM