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City’s affordable housing effort enters new territory
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The de Blasio Administration’s affordable housing campaign has moved into new territory with the launch of a $13.2 million property rehab in Harlem.
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Desperate landlords pitch radical homeless housing plan
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New York’s regulated apartment landlords are proposing a radical new plan to help house the city’s homeless while filling a $3.85 billion hole in their bottom line.
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Netflix gives $25M to ending racism in housing
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Streaming behemoth Netflix is giving $25 million to a national effort to combat systemic racism in housing. Enterprise Community Partners, the non-profit
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Affordable developer secures financing for Watchtower hotel conversion
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Non-profit housing developer Breaking Ground has announced it is moving ahead with its plan to turn a former Jehovah’s Witnesses hotel in DUMBO into affordable
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REBNY joins call for u-turn on affordable housing cuts
05
The Real Estate Board of New York has joined a coalition of developers and advocates to urge Mayor Bill de Blasio to reverse a plan to cut funding for
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Owners launch fund to keep New Yorkers in their homes
05
Some of the city’s largest property owners have created a new fund to help keep vulnerable New Yorkers impacted by the Covid-19 crisis in their homes.
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Enterprise launches new program to protect low-income housing communities
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Emergency Action for Resident and Partner Stability, a Covid-19 response program providing relief funding and assistance to nonprofits to ensure that individuals
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Industry looks to feds as renters stage strike
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The Real Estate Board of New York is calling on the federal government to launch an emergency rental assistance program that would help both tenants and
Deals & Dealmakers
Efforts stepped up to preserve low-rise East Harlem character
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Real estate investment sales in East Harlem jumped 49 percent last year. One of Mayor Bill de Blasio’s biggest plans has been affordable housing — an ambitious
Deals & Dealmakers
Who’s News: NKF hires new EVP, Avison Young scores new advisor
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Avison Young announced that Howard Roth has been engaged as an independent advisor and will report to CEO Mark Rose. Most recently global head of EY’s
Deals & Dealmakers
WHO’S NEWS: FTI appoints new director, CBRE hires two for third-party service
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Managing Director FTI Consulting announced the appointment of Yunsoo Kim as a Managing Director in the Strategic Advisory & Transaction Services group
Deals & Dealmakers
WHO’S NEWS: IREM, SIOR name new presidents; Duval & Stachenfeld adds partner
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HAP Investments, LLC (HAP) announced the hiring of Bernard Wolff as Senior Vice President, Capital Markets. Wolff will be responsible for identifying new