by on February 10, 2018
Living in 3045 Godwin Terrace has been an ongoing nightmare for Ileana Mercado. “If there’s a flood from a burst pipe, like has happened to me, there’s no one to repair it when it’s needed, or there’s no one to call except the fire department, because there’s no one in the building to communicate with,” Mercado said. “If your ceiling fell apart, then you have to wait so they can schedule an appointment to get it done for you — at their convenience, not yours. And usually they want to come i...
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by on February 28, 2018
In a lawsuit, tenant leaders representing the 400,000 people living in public housing have asked a judge to appoint an independent monitor to oversee the New York City Housing Authority because it has failed to provide heat and hot water, keep residents safe from lead, involve tenants in policymaking and hire residents, as required by federal regulations. The lawsuit was filed Tuesday in State Supreme Court in Manhattan by the Citywide Council of Presidents, a group of tenant leaders chosen b...
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by on December 1, 2017
The lawsuit represents tenants in over 200 apartment units 2201 Amsterdam Avenue via Google Maps Four class action lawsuits were filed today against three New York landlords—the Scharfman Organization, Chestnut Holdings, and KMR Amsterdam—believed to be among the biggest abusers of the J-51 tax program in the city. The suits were filed in New York County Supreme Court by the law firm Newman Ferrara after an investigation by the non-profit watchdog group, Housing Rights Initiative. ...
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by on April 16, 2018
In March, Governor Andrew Cuomo stood in front of a public housing building for the first time in recent memory and told reporters that “the residents’ rights have been abused, period.” On the request of the tenants themselves, he had just toured one of the decaying apartments in the Bronx in a building managed by the New York City Housing Authority (NYCHA), an institution that has been plagued with budget shortfalls and mismanagement for years. “The unit is crumbling around them, and it is disg...
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by on January 16, 2018
The mayor’s housing plan was redesigned last year to address a growing concern that it was not providing for the poorest New Yorkers. Mayor Bill de Blasio announced progress Tuesday on his 12-year plan to build and preserve housing for New Yorkers of limited means — one of his administration’s most expansive and expensive policy initiatives — but the news was dampened by more problems with the city's housing authority. After announcing the city spent $1.1 billion last year to finance 2...
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by on February 10, 2018
Wolkoff Group, a Queens condominium developer, borrowed $300 million from Bank of the Ozarks to begin a second phase of construction at the Long Island City graffiti mecca known as 5Pointz. The company is currently wrapping up 1,115 residential units at the site, which has an address of 22-44 Jackson Avenue. The total square footage of the two developments comes to 1.2 million square feet. David and Jerry Wolkoff The Singer & Bassuk Organization represented Wolkoff on the loan tra...
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by on March 15, 2018
Project Destined teaches kids how to value and finance local apartment buildings, and then given the opportunity to share in real profits from those properties. How do you get inner-city kids off the streets? Give them a vested interest in those streets and a stake in the property around them. That is the philosophy behind a new program that teaches teens financial literacy through investments in real estate. Kids are taught how to value and finance local apartment buildings, and then ...
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by on February 10, 2018
A top official at the city’s Department of Homeless Services abruptly quit this week, forcing Mayor de Blasio to once again restructure the chain of command at a troubled agency charged with fixing an overwhelmed shelter system. Deputy Commissioner Jahmani Hylton — whose division was heavily criticized in a scathing Department of Investigation report last month over the agency placing families in dangerous motels — resigned Wednesday, sources said. He became the third top official tasked wi...
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by on December 1, 2017
The hallway outside Spector Hall, where the City Planning Commission held its hearing on the Jerome Avenue rezoning on Wednesday. With the hearing room filled to capacity, there was at one point about 40 people standing or sitting in the hallway, many waiting to testify. On Wednesday morning, the City Planning Commission heard five hours of testimony from the public on the Department of City Planning’s proposed Jerome Avenue rezoning. It’s the latest step in the seven-month process throug...
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by on February 22, 2018
A Bronx-based affordable housing developer scooped up three parcels in the borough’s Belmont section for roughly $4 million to build a 120,000 s/f, environmentally-conscious senior assisted living facility. Foxy Management first nabbed the anchor parcel at the corner of Arthur Avenue and 179th Street for $2.1 million in an off-market sale, then picked up the two neighboring properties at 612 East 179th Street and 2010 Arthur Avenue as well as some of the adjacent air rights. Guy Vardi ...
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by on April 15, 2018
Diandra Oquendo took it upon herself to plug holes in the floor where rats entered her Bronx apartment. Twin brothers with identical eye-popping salaries have been double-dipping off their nonprofit that provides housing to the city’s homeless — even as their clients suffered poor service and have been blindsided by eviction notices. Mark and Solomon Lazar, the sons of Joseph Lazar, a former political ally of Mayor de Blasio, each make $240,000 a year as the top executives of the Brook...
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by on January 10, 2018
Families from Puerto Rico who lost their homes to Hurricane María are showing up at homeless programs in New York mainly through third-party referrals, but without information about FEMA's Transitional Sheltering Assistance Program The PATH building in Brooklyn On the morning of Dec. 8, Nellyan Velázquez and her 3-year-old daughter left Puerto Rico for New York, unaware of what their fate would be. After a long wait at the Prevention Assistance and Temporary Housing (PATH) building in ...
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