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 some newer large apartment buildings from rental to condo Its one of a handful of initiativesincluding a new … housing voucher programthat could have major impacts on NYC housing in the coming years The budget includes some big …

By Celia Young |May 22, 2025 - 10:30AM
Zohran Mamdani wants more union-built housing and to expand rent stabilization in NYC

… Queens Assembly member Zohran Mamdani has ambitious plans for building 200000 new housing units in New York City For … Tilson Mamdani wants to build 200000 new rentstabilized apartments over the next 10 years grow the Mayors Office to … new affordable unionbuilt permanently rent stabilized homes that directly address that concern around …

By Celia Young |March 3, 2025 - 3:30PM