Deals & Dealmakers
City plays matchmaker in affordable market to head off ‘predatory investors’
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City Hall wants to play matchmaker for affordable housing sellers and preservation-minded buyers. Hoping to safeguard communities from “predatory investors”—developers
Deals & Dealmakers
Cuomo accused of corruption in affordable housing suit
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A group of West Village Houses tenants have accused Gov. Andrew Cuomo of participating in a pay-to-play deal that helped fund his political ambitions.
Deals & Dealmakers
$100,000 new benchmark for affordable apartments
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City Point 1, the Downtown Brooklyn mixed use project co-developed by BFC Partners, Washington Square Partners and Acadia Realty Trust, is offering affordable
Featured
Stuck in the Middle: NIMBY concerns hem in housing on both ends
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Housing advocates across the country want affordability to be a topic of debate during the next presidential election and if this month’s state primaries
Deals & Dealmakers
Been on 421a: ‘We’re waiting to see what the governor comes up with to rescue this mess’
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Vicki Been, the commissioner of the city’s Housing Preservation and Development department, refrained from subtleties when asked about the demise of the
Construction & Design
Low-income New Yorkers in line for affordable housing jobs
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A new program to train low-income New Yorkers for jobs in the affordable housing sector has been launched. Enterprise Community Partners and the New York
Deals & Dealmakers
Picking winners puts builder Meredith Marshall ahead of the game
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There are few people rewarded as handsomely as developer Meredith Marshall for going where no other — or at least few — builders have gone before.
Deals & Dealmakers
Camber boss Rick Gropper sees more than opportunity in affordable housing sector
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Building affordable housing in the ruthless real estate market of New York City isn’t a pipe dream, at least for Rick Gropper. The co-principal of Camber
Construction & Design
City seeks proposals for flood resistant homes in floodplain
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The New York City Department of Housing Preservation and Development (HPD) will begin accepting proposals to develop new affordable homeownership opportunities
Deals & Dealmakers
Jessica Sherman digging in to help develop affordable New York
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For Jessica Sherman, affordable housing development was always in her blood. A project manager for Douglaston Development, she came on board the company’s
Deals & Dealmakers
$31M Buffalo housing starts construction
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Governor Andrew Cuomo announced the start of construction on a $31 million affordable and supportive housing development on Buffalo’s East Side.
Debt & Equity
Rose secures $64m loan to renovate Grace West affordable homes
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Jonathan Rose Companies announced a new Low Income Housing Tax Credit (LIHTC) Partnership that will utilize approximately $64 million in FHA 223(f) permanent