News & Events
-
W42ST: Hell’s Kitchen Tenants Fight to Turn Neglected Buildings into Community-Owned Housing
W42ST — Tired of broken boilers, illegal hotels and a landlord dubbed NYC’s worst, a group of Hell’s Kitchen tenants are fighting back — not just to fix their buildings, but to buy them and change housing laws citywide.
-
Brick Underground: Could a Proposed Bill to Help New York Tenants Buy Their Building Finally Become Law?
Brick Underground — Many New York City renters dream of one day owning an apartment—but what if you and your neighbors had an opportunity to buy your rental building?
-
The City: Payday Loan Apps Cost New Yorkers $500 Million Plus, New Study Estimates
The City — Cash advance apps like Dave and EarnIn have charged New York consumers more than $500 million in hidden fees and “tips” since 2019, a new report estimates — allowing the loan platforms to thrive despite New York’s strict limits on consumer interest rates.
-
The Wave: State Senate Banks Committee Holds Hearing on Discrimination in NY’s Mortgage Industry
The Wave — The New York State Senate Banks Committee, chaired by NYS Senator James Sanders Jr., held a public hearing earlier this month to examine potential discrimination in New York’s home mortgage banking industry. The hearing brought together key stakeholders, including government officials, financial regulators, industry representatives, and consumer advocates, to address concerns regarding…
-
Next City Podcast: So Many Land Trusts Launched in NYC That They Created A Map
Next City Podcast — We talk about community land trusts, or CLTs, a lot at Next City. It’s about ownership: The community owns the lands and stewards the land. That means that the buildings on the land — including housing and other spaces like storefronts — can made affordable to own or to rent, in…
-
New York Focus: How Eric Adams’s MyCity Portal Became a $100 Million Question Mark
New York Focus — Over the past two and a half years, Mayor Eric Adams’s administration has spent tens of millions of dollars building an online tool it says will transform all social services in New York City.
-
Survey: New Yorkers Support Public Banking by 8:1 Margin
A new statewide survey from the Community Service Society (CSS) shows 62% of NYC residents support public banking, compared to just 8% opposed—a nearly 8:1 margin, the highest in the state. Support for public banking is strong across all regions in New York, underscoring a growing urgency to reclaim public money for the public good.
-
Finger Lakes 1: NYS Bill Gives Tenants a Chance to Buy Their Apartment Building
Finger Lakes 1 — The Tenant Opportunity to Purchase Act would give tenants the first chance to buy their building if the owner decides to sell it. Renters could then work with community land trusts on the ownership model they want to have.
-
Elected Officials, Community Groups Rally for Public Banks, Slam Commercial Banks for Fueling Racial Wealth Gap
On Tuesday, a statewide coalition of community and labor groups and community credit unions rallied with elected officials at the Legislative Office Building in Albany, calling on New York State to take urgently needed action on lending discrimination and create public banks to ensure fair lending and economic justice for all New Yorkers.
-
Elected Officials and Housing Groups Rally at Capitol for Tenant Opportunity to Purchase Act and $250 Million in Budget
With private equity firms driving up home prices and eroding New York’s affordable housing stock, elected officials and housing groups held a rally and press conference at the New York State Capitol on Tuesday to call on the Governor and Legislature to pass the Tenant Opportunity to Purchase Act (TOPA) and allocate $250 million in the state…