Debt & Equity
East Harlem tenants win $60M affordability deal
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A $60 million funding package will allow developers to preserve the affordable Los Tres Unidos apartments in East Harlem. A partnership between Nuevo El
Residential
City Council rezones East Harlem to secures affordable housing
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After three years of governmental fine-tuning and community input, the New York City Council adopted its rezoning plan for East Harlem on November 30.
Deals & Dealmakers
Study puts builders’ tax under the spotlight
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A new study on the 421a tax program suggests that affordable housing could suffer a substantial blow in at least certain sections of the city, should developers
Construction & Design
New tax law toxic to affordable housing
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New York’s real estate industry was one of the big winners in the recent federal tax overhaul, but housing advocates worry it will have a chilling effect
Construction & Design
Cuomo pushes infrastructure, an end to homeless in 2018 state of the state
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In his eighth state of the state address, Gov. Andrew Cuomo extolled the importance of infrastructural investment to keeping New York economically competitive
Opinion
Why voters should focus on affordable housing this election season
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With Primary Election Day behind us, New Yorkers can now look to General Election Day on November 6, when elections for the offices of Governor, Lieutenant
Deals & Dealmakers
Housing developers in it for the long haul
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Rodney Propp (left) and Joseph Tahl By Orlando Lee Rodriguez Back in the 1950’s, an influx of less educated residents began to overtake Harlem’s Ivy League
REBNY Watch
Time to get serious on issue of housing all New Yorkers
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By REBNY President John Banks Most everyone agrees that one of the greatest challenges facing New York City is the dire need to create more housing, especially
Deals & Dealmakers
NYSAFAH’s Jolie Milstein takes affordability crusade national
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Affordable housing is in critically short supply, not only in New York but nationwide, and Jolie Milstein wants everyone to know it. JOLIE MILSTEIN In
Deals & Dealmakers
Cuomo, De Blasio unite on worries over expiration of 421-a
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Governor Andrew Cuomo and Mayor Bill de Blasio haven’t agreed on a lot of things recently. They’ve sparred on issues involving income inequality
Residential
Op-ed: To meet housing needs, public-private partnerships a must
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By Amir Sobhraj, CFO, Zara Realty Few would deny that one of the most pressing needs in New York City is quality affordable housing. AMIR SOBHARJ We’ve
REBNY Watch
City’s affordable housing plan moving in the right direction
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Across New York City, everyone can agree that we are in a desperate need to create more housing, especially affordable rental housing. Finding a safe