Hochul awards $1B in bonds, subsidies to affordable projects
New York State awarded $1 billion in housing bonds and subsidies in the latest push from Gov. Kathy Hochul as part of her broader $25 billion five-year housing plan. The funds were awarded by New York State Homes and Community Renewal to 12 housing development projects that aim to create or preserv
Smoking gun: Former state official reveals secret decision that kneecapped landlords
In 2023, under pressure from lawmakers, tenant organizers and New York Attorney General Letitia James, state housing regulators secretly changed a policy to make it harder to remove buildings from rent stabilization. No public discussion was held, nor was any notice given to the real estate industry
Andrew Kimball to oversee NYU real estate portfolio
Andrew Kimball just landed a new job. New York University hired the former Economic Development Corporation president and CEO to oversee the school’s global real estate portfolio, Crain’s New York Business reported. Kimball will take over in August with the title senior vice president for global rea
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