New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… The budget lowers the number of renters or wouldbebuyers that would need to agree to convert some newer large apartment buildings from rental to condo Its one of a handful of initiativesincluding … the condo building both have to be managed by the same property management company and all residents need to have …

By Celia Young |May 22, 2025 - 10:30AM
Delayed Section 8 payments could worsen discrimination against tenants, NYC attorneys warn

… York City Housing Authoritywhich administers the largest Section 8 housing voucher program in the nationreceived funds from … for nonpayment of rent You do not need to vacate the apartment You can only be evicted by a marshal sheriff or …

By Celia Young |March 21, 2025 - 4:00PM
Zohran Mamdani wants more union-built housing and to expand rent stabilization in NYC

… the implementation of NYCs landmark climate law Local Law 97 and new construction enabled by the City of Yes for … Tilson Mamdani wants to build 200000 new rentstabilized apartments over the next 10 years grow the Mayors Office to … used for its most productive use Im thinking for example of parking lots These are places where the city can have a head …

By Celia Young |March 3, 2025 - 3:30PM
Brad Lander pitches homesharing and co-ownership for city workers to ease the housing crisis

… the ability to build a life in NYC and inspires one of his housing priorities He wants to make affordable homeownership … through rezoning part of the city and to connect small property owners with renters through an Airbnbstyle platform … like a piece of the program to be specifically for CUNY students  We estimate there are about 10000 rooms that could …

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