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

… Retention Act Landlords of newer big rental buildings can convert those properties into condos if  just 15 percent … less than advocates hoped A 90day delay on large investor purchases of homes Big investors must wait 90 days before … were 21372 residential properties on the list citywide  If youre a New York City resident who needs help you can also …

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