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 … tenants who had to agree from 15 percent to 51 percent This law the Affordable Housing Retention Act brings back the old …

By Celia Young |May 22, 2025 - 10:30AM
Senior housing lottery launches for 73 rent-stabilized units in East Elmhurst

… Housing lottery applications are open for 73 rentstabilized apartments for seniors at a new development in East Elmhurst Queens … selected for a unit All of the apartments are reserved for seniorseither individuals who are 62 years old or older or …

By Celia Young |March 13, 2025 - 12:30PM