In the News
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Next City: A Community Land Trust Is Purchasing Commercial Property in NYC for the First Time
New York City’s growing community land trust movement will hit a new milestone next month, as the East New York Community Land Trust is set to become the first in city history to purchase a commercial property off the private market.
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Next City: A South Bronx Health Center Will Rise Again, Thanks to Local Organizers
The empty, worn-down building at 349 East 40th Street in the South Bronx has had many lives.
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Brownstoner: Community Land Trust Plans ‘Liberation Center’ in East New York Warehouse
The two-story industrial building at 161 Jamaica Avenue has had many uses over its 120-plus-year history. It housed a wagon painting business, a radio coil manufacturer, and a shirt making factory. It’s been the headquarters for The American Appliances and Machinery Manufacturing Co. and a place where industrial doors were made. Most recently, cabinets were…
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Wired: AI Is Taking Over the Most Cursed Job in the World
She introduced herself as Eve, but Ben knew right away that the voice on the other end of the line was a bot. Eve knew his name. She also knew how much money he’d owed a former landlord ($266). She didn’t seem to know that he’d settled with a collection agency five months prior. Eve…
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New Economy Project Advances Community Ownership in New York
New Economy Project was featured in the latest case study in the Center for Community Investment’s Ecosystem Stewardship: Building the Infrastructure for Shared Ownership series.
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Shelterforce: How Public Banks Can Meet Public Needs
What could your community do if your city or state owned its own bank? In 2020, the nonprofit organization Action Center on Race & the Economy published a study showing that state and local governments pay $160 billion in annual interest on the money they borrow.
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Online Payday Lenders Look to Skirt New York Restrictions
Assemblymember Steven Raga, a Queens Democrat, and Katy Lasell, of the New Economy Project, make the case for rewriting New York’s consumer protection laws to regulate the latest evolution of payday lenders that are skirting existing restrictions on loans.
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Gothamist: Mamdani Halts NYC’s ‘Predatory’ Private Tax Lien Sale Process
Mayor Zohran Mamdani will halt the city’s controversial tax lien sale and potentially scrap it altogether over concerns that the process exposes homeowners to “predatory debt collectors” and foreclosure, City Hall said Tuesday.
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The Village View: Activists Decry Wall Street, Call for NYC Public Bank
The acoustics weren’t great but the message was crystal clear. Big banks are systematically screwing ordinary New Yorkers by using taxpayer money to underwrite schemes that promote usury, risk destabilizing financial markets, support ICE, endanger tenants, and deprive regular New Yorkers of services and resources.
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WBAI’s Housing Notebook
New Economy Project’s Executive Director Deyanira Del Rio joins former Met Council organizer Dave Powell to speak about Francis Goldin and the ongoing legacy of her work — the fight for Community Land Trusts.