Bringing Solar Power to New York's Affordable Apartment Buildings
Next City - March 3, 2020 - “We knew that solar was a technology that could be saving people a lot of money and helping people in affordable housing, but there was a lot to figure out in terms of how to make it work for our community,” says Clara Weinstein of UHAB. Solar Uptown Now was UHAB’s first big foray into solar, and UHAB’s credibility with the resident-owners of HDFC buildings was a key to moving the project forward. Co-ops often have high energy costs, particularly in common spaces like hallways, laundry rooms, boiler rooms, and elevators. The 13 buildings participating in Solar Uptown Now could save nearly $2 million in energy costs over the 25-year life of the panels." Read More.
Bill: Make Landlords Give Tenants First Shot to Buy Buildings
The Real Deal - January 31, 2020 - "In New York, groups including the Community Service Society, the Urban Homesteading Assistance Board, the New Economy Project and tenant coalition Housing Justice For All are pushing for the state to dedicate revenue to finance and provide supportive services for such purchases...Myrie said he hopes his bill will allow people who have been unable to build generational wealth through individual homeownership to do so through a collective model." Read More.
Co-op Collectibles
Urban Omnibus - January 8, 2020 - "Since the early 1970s, the Urban Homesteading Assistance Board (UHAB) has played an important role in creating and preserving permanently affordable housing in New York City ... But UHAB’s mark can be measured in smaller ways as well. Since its beginnings, the organization has accrued a sizable collection of artifacts from the homesteading movement: training manuals and annual reports, photographs and flyers, cookbooks and comic strips created by co-op residents. Read More.
Building For Us: Stories Of Homesteading And Cooperative Housing
Gotham Center for New York City History - November 14, 2019 - "UHAB and other self-help groups were energetic in mobilizing people and innovative in establishing sustainable frameworks for tenants to become owners; the exhibition is full of manuals and guides for residents on how to make repairs and how to organize themselves into functional associations. Read More.
Press Release: Seabury Cooperative receives financing to preserve and improve their property
Connecticut Green Bank - August 13, 2019 - "'Creating and preserving cooperative housing like Seabury is our mission' said Andrew Reicher, Executive Director of UHAB. 'We are excited that our training, technical assistance and bridge lending could help preserve this important affordable housing resource in New Haven.'" Read full Press Release here.
A Lifeline for Preserving Limited-Equity Co-ops in New York
Next City - July 9, 2019 - "Groups like UHAB have been a lifeline, offering technical assistance and help finding loans and grants to co-ops like 645 Barretto Street. This helps stabilize co-ops so that low- and moderate-income owners can stay in their homes." Read more.
CityLab University: Shared-Equity Homeownership
Rent-stabilized tenants accuse Crown Heights landlord of harassment, neglect
Brooklyn Daily Eagle - February 22, 2019 - "Conditions inside the buildings include inadequate heat and hot water during the winter, mold, water leaks, mice and roaches, missing window guards, uncapped radiator valves and broken front doors and intercoms, according to Urban Homesteading Assistance and Brooklyn Legal Services’ Tenants Rights Coalition." Read More.
Here’s a smart solar installation program for affordable housing you should copy
Financing the Future of Cooperative Low-Income Housing
Next City - November 27, 2018 - "'It’s about economies of scale,' says Andy Reicher, who runs the Urban Homesteading Assistance Board, a New York City nonprofit that has provided property management training to co-op members since the 1970s. 'It’s difficult for a lot of lenders to make much smaller loans of under a million dollars, [typically] a few hundred thousand dollars, that oftentimes limited-equity co-ops need.'" Read More.
Go Solar Helps Buildings Plug Into Sun For Power
The Villager - November 16, 2018 - "This October, Pfandler’s building at E. Second St. and Avenue C finally was finally able to plug into sun power through the Co-ops Go Solar campaign. The effort is a partnership between two nonprofits, the Urban Homesteading Assistance Board and Solar One, to provide housing development fund corporation (H.D.F.C.) cooperatives with technical assistance to retrofit buildings with solar panels." Read More.
Harnessing The Sun to Power Equitable Development in NYC
Next City - November 7, 2018 - "Solar One recently launched the “Co-ops Go Solar” campaign in partnership with the Urban Homesteading Assistance Board, a nonprofit that supports residents to form and maintain co-op buildings. The campaign provides free technical assistance, cost estimates, roof inspections, financial incentives and funding options to install solar panels on limited-equity cooperatives — a particular form of co-op subsidized by the city to make homeownership available for low-income households. Co-ops that sign-on join a purchasing group to negotiate for lower prices." Read More.
The State of Shared-Equity Homeownership
Shelterforce - May 7, 2018 - "Alexander Roesch of the Urban Homesteading Assistance Board, which is the biggest affordable co-op developer in New York City, says that since 2005, UHAB has developed 54 limited-equity co-ops encompassing 1,425 co-op units. However, relatively few new shared-equity cooperatives have been created in places where co-ops were growing in the 1960s and ’70s. And the new units that have been created have typically been through converting existing buildings into shared equity co-ops." Read More.
Affordable Solar Comes to Affordable Co-ops
Habitat Magazine - April 4, 2018 - “'In the fall of 2016 we hosted a series of training sessions for shareholders and board members through UHAB (Urban Homesteading Assistance Board),' Heckler recalls. 'One session was about energy efficiency. Two technical consultants came to a training session, and they talked our building through what it would look like to do this project. It seemed feasible for us to go solar.' Income from the co-op’s flip tax was crucial." Read More.
Housing Brass Tacks: Limited-Equity Co-ops
Urban Omnibus - January 10, 2018 - "UHAB’s executive director, Andrew Reicher, took us through the benefits and structure of limited-equity co-ops and the group’s evolving work to organize New Yorkers for an affordable city." Read More.
Council, administration strike accord on predatory equity bill
POLITICO - November 29, 2017 - "'This issue has been the bane of organizers and advocates and tenants across the city for over a decade now,' said Kerri White, the Director of Organizing and Policy at Urban Homesteading Assistance Board, a nonprofit that organizes and supports tenants. 'From an advocate's perspective, we've seen clearly the connection between harassment and physical conditions problems in buildings tied to how owners are purchasing properties, especially in rent stabilized properties,' she said. Predatory equity grew out of the recent housing boom and bust in the city. While the housing crash's effect on single family homes was well documented, the effects on apartment buildings were less publicized and continue long after the recession." Read More.
First Citywide Community Land Trust Announced for NYC
Next City - October 24, 2017- Interboro CLT partners include the Center for NYC Neighborhoods (CNYCN), Habitat for Humanity New York City (Habitat NYC), Mutual Housing Association of NY (MHANY), and the Urban Homesteading Assistance Board (UHAB). They hope the new CLT can help address the widening economic inequality that threatens the economic and racial diversity of the city.
Tenants Catch a Break
The Indypendent - August 20, 2017 - “'Construction as harassment' involves the demolition and renovation of vacant apartments in a manner intended to 'make life miserable for the tenants they’re trying to move out,' explains Kerri White, director of organizing and policy at the Urban Homesteading Assistance Board. It’s a 'double bonus' for unscrupulous landlords, because they can add the cost of the renovations to the rent on vacant apartments, and if any tenants move out after their ceiling collapses or they spend a month without cooking gas, the owner can renovate their apartments and charge more." Read More.
Investors Move Quietly in East New York Amid de Blasio’s Housing Construction
City Limits - July 17, 2017 - "The building will soon be auctioned by the city to the highest bidder, and Urban Homesteading Assistance Board organizer Jorgy Flecha is concerned that given the zoning changes in the neighborhood, that auction might attract another neglectful owner only interested in higher rents." Read More.
Will Limited-Equity Cooperatives Make a Comeback?
Shelterforce - April 25,2017 - "But navigating through a real estate purchase is complicated without help. Nonprofits like UHAB, which assist low-income residents with all the details of turning their buildings into co-ops, make a huge difference. UHAB has been part of the preservation of more than 1,600 buildings in New York City since 1973, working often with the Tenant Interim Lease program, which allowed tenants to purchase city-owned buildings that landlords had abandoned." Read More.
CityViews: The Case for New Regs for the City’s Affordable Co-ops
City Limits - March 21, 2017 - "Any new regulation must be reasonable and respectful of the unique history of [HDFC co-ops]. It must not be onerous or seem demeaning to residents, who already work so hard to run and maintain their often aging buildings." Read More.
Help Is on the Way for Low-Income Co-op Buildings in NYC
Next City - March 1, 2017 - "'The real risk is that the buildings languish in the meantime,' Reicher says, with residents living in substandard conditions. The city has low-cost loan programs meant to provide capital for repairs to co-ops and other multifamily buildings, but buildings need to have a plan to resolve municipal debt as a condition of obtaining those loans." Read More.
City Pushes to Regulate Low-Income Coops Amid Some Shareholders’ Opposition
City Limits - February 24, 2017 - "Samantha Kattan, [UHAB's Assistant Director of Organizing, Policy, and Research] recognizes the amount of labor and resources invested by shareholders in the past and the need for HPD to amp up its support to HDFCs going forward. But she says it's not wise for buildings to rely on the random event of an apartment sale for revenue. Instead, HDFCs can take advantage of HPD's new Green Preservation Loan program, among other available benefits." Read More.
Backers of Community Land Trusts Seek to Broaden Support
City Limits - February 7, 2017 - "In general, while there is excitement for the RFEI, activists are wary of the fact that HPD has not made any promises to actually respond to the proposals received. At the panel event, UHAB’s Melanie Berkowitz said HPD ought to disclose the results of the RFEI in a report so the public can be witness to the level of support for community land trusts." Read More.
Why 2017 Could be Make-or-Break for New York's Affordable HDFC Co-ops
Brick Underground - January 12, 2017 - "'Instead of giving help and guidelines, this proposal is taking the viewpoint that there have been all these problems in these buildings, and we're going to sort of police them,' says UHAB's Andy Reicher. 'And that's where the tone is wrong. These people have taken on the city's worst housing, and have been improving and running their buildings under difficult circumstances and providing affordable housing. They ought to be recognized, and the regulatory agreement ought to be there to make things easier for them.'" Read More.
Heroic Board Member Helps Rescue Distressed Bronx Co-op
HABITAT - October 27, 2016 - “’This is not a formalized process with a form you can download from the internet,’ says [Samantha] Kattan [Assistant Director of Organizing & Policy at UHAB]. ‘This is something we had to work out with HPD. To achieve tax forgiveness involves so many hurdles that nobody had even tried it since 2001.’” Read More.
The Last Battle for Brooklyn, America's Most Unaffordable Place to Buy a Home
The Guardian - October 3, 2016 - “The CHTU approach is straightforward. ‘We have to disrupt the landlords’ business model by helping tenants remain in their apartments,’ Girón says. There are two keys: building community, then educating tenants about their rights and how to enforce them.” Read More.
Here's Why a Fight Is Brewing Over 30,000 Affordable Co-ops in NYC
DNAinfo - September 27, 2016 - When re-selling affordable co-ops, it’s “‘bad policy’ for HDFCs to rely on flip taxes for [building] upkeep. ‘You [would] have to make sure someone moves every year,’" according to UHAB’s Andy Reicher. Read More.
Why are rich kids able to buy affordable HDFC apartments?
Brick Underground - September 27, 2016 - "While some HDFC buildings are subject to flip taxes to discourage re-selling 'affordable' apartments at a high price, housing advocates are now also looking into the possibility of sales price caps to ensure that the co-ops stay within reach for low-income buyers. 'We've been talking for years about regulating sales prices, because this is an issue,' says Samantha Kattan, UHAB's assistant director of organizing, policy, and research." Read More.
Photos: Crown Heights Tenants Union Protests Landlord Abuse
Gothamist - August 14, 2016 - "'Crown Heights is basically Ground Zero for gentrification,' Donna Mossman of the Crown Heights Tenant Union told Gothamist. The Tenants Union was founded in 2014, after Mossman and other neighborhood residents decided to mobilize against harassment by their management company, BCB Property Management, which Mossman said was trying to illegally drive rent-stabilized tenants from the building." Read More.
Squatters of the Lower East Side
Jacobin - April 2014 - " In the final days of the Giuliani administration...[it] was determined that the titles for the remaining eleven squats would transfer to UHAB; UHAB, in turn, would oversee the conversion of those buildings into low-income, limited-equity co-ops. And so the squatters would get to remain in their homes, becoming homeowners in the eyes of the law." Read More.
Measuring the Impact of Airbnb Rentals on New York City’s Housing Crisis
Skift - Jun 28, 2016 - "'As Crown Heights gentrifies, the long-term tenants we work with suffer from increased speculation and harassment to leave their homes,' said Kerri White, director of Organizing and Policy at the Urban Homesteading Assistance Board and Crown Heights Tenant Union, about the report." Read More.
Crown Heights Tenants Sue Landlords Over Unbearable Conditions
UHAB's Organizing & Policy Assistant Director Named one of Top 100 Most Influential People in Brooklyn Culture
Brooklyn Magazine - March 1, 2016 - "#74, Cea Weaver. Serving UHAB for five years and counting, Weaver is a pivotal voice and organizer within the housing rights movement in Brooklyn and NYC." Read More.
Future of 32,000 Affordable Housing Co-ops Hangs in the Balance
DNA info - February 8, 2016 - UHAB Executive Director Andy Reicher describes the efforts of the Task Force on HDFCs (formerly the Task Force on City-Owned Property) to preserve affordable homeownership opportunities in New York City. Read more.
Tenants in East Harlem, Without Cooking Gas Since Summer, Protest Landlord
NY1 News - December 10, 2015 - "Tenants of an East Harlem building are rising up against their landlord, after complaining for months about poor living conditions." Read More.
New York City Council Proposes Ending Property Taxes for Low-Income Co-ops
Participate in Research to Support the Cooperative Housing Secret
Cooperative Housing Bulletin - Fall, 2015 - "Since January 2015, the Urban Homesteading Assistance Board (UHAB) has been working to compile a database of every shared-equity and limited-equity housing cooperative in the United States."
Read more on p.12.
New Legislation Tries to Protect Tenants From Landlords Who Use Renovation to Drive them Out
The Gothamist - September 30, 2015 - "The City Council will today introduce a package of 12 bills aimed at increasing protections for tenants who feel the Department of Buildings does not adequately monitor landlords who carry out unpleasant and often dangerous, building renovations." Read more.
City Nearly Doubles Budget for Lawyers Who Help NYers Fight Evictions
Mayor de Blasio today announced that he will nearly double his spending on legal assistance for tenants facing eviction, with an emphasis on New Yorkers living in the city's 15 most rapidly-gentrifying neighborhoods—Crown Heights, Bushwick, and Bed-Stuy in Brooklyn; Jamaica in Queens; and Tremont in the Bronx, among others.
Read more.
Strengthening and Expanding Affordable Co-ops
WOL-AM 1450 Radio - July 30, 2015 - Former National Association of Housing Cooperatives president Vernon Oakes interviewed UHAB's executive director Andy Reicher and researcher Alex Roesch on UHAB initiatives, including building capacity to serve and grow the affordable housing co-op community across the country. Listen.
Worst Landlords in New York City
PIX11 TV - August 18, 2015 - Kerri White, UHAB's director of Organizing & Policy, and a tenant discuss horrific conditions in low-income rental buildings and what can be done to fight predatory landlords. Watch the news clip.
Do Low-Income Co-ops Make Sense?
The Observer - July 28, 2015 - "Andy Reicher, the executive director of the Urban Homestead Assistance Board, or UHAB, told the Observer that the lack of regulation for these buildings can contribute to their ultimate failure. To combat this, UHAB advocates for city regulatory agreements for these buildings, in which low-income requirements for annual elections, insurance, and other rules are clearly defined, and a third party monitor is set up." Read More.
Umbrella House: East Village Co-op Run by Former Squatters
The New York Times - July 17, 2015 - “In 2002, the City of New York gave possession of Umbrella House to the Urban Homesteaders Assistance Board, a nonprofit organization that served as a transitional owner. Umbrella House members became shareholders, receiving the deed to the building in 2010 after performing required repairs.” Read more.
How to Dump Tentants and Make a Fortune
The Nation - July 6, 2015 - But a slump of money- no matter the amount - has limitations. "If you've never seen $20,000 before, it seems like a lot," says Celia Weaver, assistant director of organizing and policy at the Urban Homesteading Assistance Board (UHAB). "But your rent is never going to be lower than it is right now. Unless you're leaving the city or buying into some form of affordable housing, a buyout is never going to be a good idea." Read more.
As deadline ticks away, 2 million left wondering what happens to their rent.
PIX 11 News - June 12, 2015 - UHAB was mentioned as THE organization to call if you are nervous about losing your apartment and go to for help. Creese and West have worked with Urban Homesteading Assistance Board and other advocacy groups to help keep their rents affordable, for now. And time is very short. Rent regulation laws expire Monday. The fact that Creese's, Ward's and two million more New York resident's rent status could change unless the state legislature acts immediately, left the city's pulblic advocate feeling the same way as many tenants, she said. Website • PDF
These Crown Heights Residents Saw Their Rents DOUBLE Last Fall
Gothamist - May 22, 2015 - Kerri White, director of organizing and policy for the Urban Homesteading Assistance Board (UHAB), helped organize yesterday's rally. This is how she interprets the sudden instatement of legal rents: "Preferential rents allow landlords to essentially put money in the piggy bank while they wait for gentrification to hit. These landlords know that even if they can't charge $2,200 for an apartment right now," as soon as a neighborhood like Crown Heights starts to gentrify, "they can turn on a dime and clear out the lower and moderate income people." Once the long-time tenants are out of the way, the units can be filled with tenants who can afford legal rent. Website • PDF
Yes, It’s Illegal for Landlords to Discriminate. And Yes, They Still Do It.
New York Magazine – May 13, 2015 - Every black person has a price,” said Ephraim, the pseudonymous Brooklyn landlord I interviewed for my book The Edge Becomes the Center. Ephraim detailed how he buys deeds off black homeowners in neighborhoods like Bed-Stuy, buys out the tenants, and then rents their units to white people who can pay more. To get a better sense of the prevalence of landlords like Ephraim — and how tenants try to fight back — I spoke with Celia Weaver, the assistant director of organizing and policy at Urban Homesteading Assistance Board, a New York–based nonprofit that helps low-income homeowners and renters. Website • PDF
De Blasio Pushes For New Rent Stabilization Protections
Gothamist, May 5, 2015 - Kerri White, the organizing and policy director for the Urban Homesteading Assistance Board told us this morning that even though the rent laws still have many loopholes that need to be addressed, "We are grateful that for the first time ever we have the Mayor of New York City standing with us." She added, "The strides the Mayor is calling for are just the first step in the change we need." Website • PDF
1700-Apartment Portfolio in New York City to Be Sold
Wall Street Journal, April 24, 2015 - As of mid-April, more than 2,100 open violations remained across the portfolio, according to Kerri White, director of organizing and polity at the Urban Homesteading Assistance Board, which helps tenants organize, based on a review of public records. She based her figures on a review of public records. Website • PDF
Bargains With a ‘But’: Affordable New York Apartments With a Catch
The New York Times - June 27, 2014 - "Even though many income-restricted apartments are still below market rate, Mr. Reicher of UHAB said, 'you do see prices that are much higher than what you would think of as affordable housing.,' he said. 'We don’t think that’s in keeping with the purpose and intent of H.D.F.C.’s.'” Website • PDF
The Truly Affordable New York Apartment
The New York Times, January 31, 2014 - These were the buildings where the front lights were on, the door was locked,” said Andrew Reicher, the executive director of Urban Homesteading Assistance Board, an advocacy group. “They helped spur the redevelopment of neighborhoods, and now that the neighborhoods are gentrifying, they are the only affordable buildings that are left.” Website • PDF
UHAB Rallies with South Bronx Tenants to Demand Landlord Be Ousted
New York Daily News, Dec 3, 2013 - Tenants fed up with deplorable conditions at 755 Jackson Ave. are calling for owner Stabilis Capital to be removed. Outraged South Bronx residents gathered Tuesday to demand relief from the deplorable squalor they’ve been enduring since a private equity firm took over their building. Website • PDF
UHAB & Residents Rally for Better Living Conditions
The Queens Courier, June 27, 2013 - Hany Taha is afraid that his ceiling will collapse on him. He has lived in the same apartment for 26 years, but now the ceiling is sinking. Although he has complained about it for seven months, nothing has happened. Website • PDF
UHAB Joins Call for FEMA to Provide Grants for Co-op Housing Damaged by Sandy
Grit TV, May 14, 2014 - According to New York's Office of Housing Recovery Operations, some 120 co-op buildings, with 13,000 apartments, and 368 condominiums, with 7,000 units, sustained flooding and damage after Hurricane Sandy blew through town. Video • Summary
UHAB Speaks Out Against Council Candidate's Ties to Developer
Columbia Spectator, May 1, 2013 - Housing advocates criticize Landis for ties to real estate developer. “The complaints from the tenants were that there was fairly large-scale harassment and deferred maintenance,” Kerri White, co-director of organizing and policy of the Urban Homesteading Assistance Board, said. They have “attempted to convert several of the buildings into market-rate condos, which has obviously had an effect on affordability of the buildings.” Website • PDF
UHAB Organizers Rally with Southern Blvd. Residents at Housing Court
Hunts Point Express, April 17, 2013 - Tenants of one of city's worst buildings say landlord is harassing them. “It would be nice if the court could understand that in cases like this it’s really a systematic issue,” said Kerri White, director of organizing and policy at the Urban Homesteading Assistance Board. Website • PDF
As Workforce Housing Advisors buy up distressed apartments, tenants must wait for repairs until foreclosure cases are resolved
New York Daily News, May 22, 2013 - A sunny yellow hallway, gleaming hardwood floors, new kitchens and bathrooms will greet residents of 935 Kelly St. when they return to their once decrepit apartments. Website • PDF
Self-Help Housing: The Story of the Urban Homesteading Assistance Board
Urban Omnibus, December 19, 2012 -Public policy in the United States has always considered the availability of good-quality housing for lower-income citizens to be linked irrevocably to the broader challenges facing American cities. Website • PDF
City: 10 Washington Heights apt. buildings 'at risk'
Crain’s New York Business News, Oct 22, 2012 - Officials, politicians and housing advocates are lining up against a private-equity group trying to flip deteriorating properties it bought in foreclosure last year.
City officials flagged 10 apartment buildings in the Washington Heights section of Manhattan as "at-risk properties" in danger of deterioration and falling into further distress. Website • PDF
New York develpers thinking small - Really small
The Spokesman-Review, July 10, 2012 - Maybe it's the urban dwelling of the future: studio apartments measuring no more than 300 square feet.
New York City planners believe the tiny units could be the answer to a growing population of singles and two-person households. And in a nation that's becoming increasingly populous and increasingly urbanized — and where people more frequently are creating a family of one — such downsizing may not stop here. Website • PDF
From the New York Times: The Income-Restricted Apartment
The New York Times, May 17, 2012 - WITH the median price of an apartment in Manhattan topping $1,000 a square foot, homeownership is often far out of reach. But there are options for those who cannot afford the market rate, including co-op apartments for buyers who earn a certain percentage of the area median income, or A.M.I. Website • PDF
Journalists Revisit Deadly DeKalb Fire, Reignite Housing Discussion
Norwood News, April 24, 2012 A decade after an electrical fire at 3569 DeKalb Ave. claimed the life of an 8-year-old Bronx boy, journalists and housing activists are still trying to find answers to the questions posed in the wake of his death–namely, how the city should enforce housing code violations and hold landlords accountable for conditions that put tenants at risk. Website • PDF
Private equity firms snap up debt on small NYC rental buildings
The Real Deal, Apr 17 2012 - Private equity firms such as Stabilis Capital Management, Madison Realty Capital and Onex Real Estate Partners have been buying debt on small, often severely distressed rental properties in secondary neighborhoods in New York City with little fanfare over the past year. Website • PDF
Quinn: Landlords must fix the system
Crain's Business News, Feb 9 2012 - In today’s State of the City, Speaker of the City Council Chris Quinn proposed changing New York City’s housing code to reflect underlying conditions in building condition. Website • PDF
Stopping Apartments From Making Tenants Sick
Gotham Gazette, Jan 31 2012 - On a cold January day, the wind funnels down Creston Avenue in the Morris Heights neighborhood of South Bronx like a river through a canyon. Buildings seem slightly closer to the street here, and the tall towers loom over the narrow street and sidewalk. A couple of teenage girls walk down the street, laughing and shoving each other. Website • PDF
For Birthplace of Hip-Hop, New Life
New York Times, Nov 7 2011 - After a long struggle, ownership of a Bronx building known as the birthplace of hip-hop, which had fallen into neglect and foreclosure, was taken over on Monday by a group that specializes in preserving working-class housing. Website • PDF
How the South Bronx’s Ruins Became Fertile Ground
New York Times, Jul 27 2011 - This week in my Gotham column I wrote of the resurrection of the South Bronx, a brilliant coming back to life that owes much to the multidecade efforts of government. Website • PDF
Tenants Turn to Lenders to Repair Buildings
The Wall Street Journal, Apr 25 2011 - Housing advocacy groups and the Bloomberg administration are asking bank regulators for help in fixing up deteriorating apartment buildings. Advocates say that hundreds of buildings in New York City are falling into disrepair because their owners took on too much debt to buy them in the boom years leading up to the recession. Website • PDF