Affordable housing is a hot topic in these difficult economic times, yet by some accounts, housing conditions for low-income New Yorkers are in decline. Many affordable apartment buildings, some purchased and rehabilitated using government subsidies, are in poor condition, and as apartments deteriorate and collect code violations, tenants fend for themselves.
Read MoreThe current economic turmoil is taking a tremendous toll. Home foreclosures are common, market-rate condominium sales have stalled, owners of over-leveraged developments are defaulting, and unemployment is rising. This panel, hosted by the Center for New York City Affairs, explores the impact of the economic crisis on New York City housing by considering questions like the following: How are neighborhoods faring in the recession?
Read MoreNew York has long depended on subsidy programs to facilitate affordable housing development. But because most such incentives sunset over time, tens of thousands of units have reverted to market rate over the last decade, and 15,000 more may do so in the near future. What strategies and regulatory structures can be put in place to assure affordability not just for the present, but the future as well?
Read MoreThe New York City Housing Authority is in dire financial straits. Although the state recently increased its rent subsidy, it will barely make a dent in the $225 million annual shortfall and renewed federal investment is nowhere on the horizon. A roundtable discussion with key stakeholders to determine what can be done to rescue public housing—the city’s primary source of affordable housing, and home to more than 400,000 New Yorkers.
Read MoreThe office of the governor is about to change hands for the first time in 12 years, likely representing a seismic shift—not just in ideology, but in management approaches, leadership styles and appointments. An in-depth discussion of the challenges facing New York in the areas of health care, affordable housing, public education and government reform.
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