News and updates

  • City Limits: Backers of Community Land Trusts Seek to Broaden Support

    City Limits — The community land trust movement is gaining momentum across the city, in part buoyed by the de Blasio administration’s announcement last month that it will consider proposals from community land trusts groups to develop public parcels in several boroughs.

  • Next City: NYC Opens Door Wide to Community Land Trusts

    Next City — Second-generation NYC resident Rosa Custodio was born at Metropolitan Hospital Center, on First Avenue in East Harlem. Growing up on East 103rd Street, Custodio and her sisters sometimes slept out on the fire escape on hot summer weekends, blankets and pillows and all. They weren’t the only ones.

  • WNYC: Obama Saved New York by Saving Wall Street. But.

    WNYC — Barack Obama took office on January 20th, 2009, amid the worst recession in decades. Months earlier, stone-faced men and women emerged from Lehman Brothers headquarters in Midtown Manhattan, carrying the remains of their jobs in cardboard boxes. Within a matter of months, Lehman Brothers became the nation’s largest ever corporate bankruptcy, insurer AIG…

  • Payday Lending-Free States Cry Foul over OCC “Fintech” Charter

    The PaydayFreeLandia coalition, representing 15 states , plus the District of Columbia, demanded today that the Office of the Comptroller of the Currency (OCC) back off a dangerous plan that would gut their states’ strong consumer protection laws.

  • WTFargo: How Bad Does a Bank Have to Be?

    Yet another scandal may soon rock Wells Fargo. According to informed sources, the Office of the Comptroller of the Currency (OCC) — the federal agency that oversees Wells Fargo and the other large, national banks — is set to downgrade Wells Fargo’s Community Reinvestment Act (CRA) rating sometime this month.

  • 2016 Roundup

    Check out this two-page snapshot highlighting some of New Economy Project’s work, events, and media coverage during 2016!

  • 2016 Holiday Celebration

    Thanks to everyone who joined us for our 2016 holiday celebration!

  • A Simple, Powerful Premise

    Expensive. Unsustainable. Exploitative. This is how community organizers and advocates described the NYC housing market, at “Community Land Trusts: Organizing for Community Control,” the final installment of our 20th Anniversary Workshop Series. The workshop built on themes explored in the previous four sessions – from new economy organizing to shareholder action and community-led research –…

  • Does This Sound Like Justice?

    You’ve just been robbed. Worse yet, you know who did it. It was the last few dollars to your name and you don’t get paid for another month. Three weeks pass, and an envelope containing the stolen money appears on your doorstep. You go to court to demand justice, but the judge rules that no…

  • The World We Want to See

    Like you, we are stunned and alarmed by the outcome of the election, and the consequences yet to come. The ground has shifted in fundamental and frightening ways. Years of hard-won gains are sure to come under assault, and organizations like ours will have to come together like never before to defend programs, policies and…

  • MarketWatch: Student Loan Borrowers Share Tales of Woe With Regulators

    MarketWatch — “It’s a pleasure to be here, finally,” are not the words you might expect to hear from someone preparing to share their story of student debt woe to a room full of strangers. But that’s exactly how John Carter, a 77-year-old New York City resident, began before recounting the years of hassle he…

  • Office of Council Member Jumaane D. Williams: Williams to Introduce Credit Discrimination Bill

    Office of Council Member Jumaane D. Williams — “New Economy Project applauds Council Member Williams for shining a light on credit discrimination,” said Andy Morrison, New Economy Project’s campaigns coordinator. “Lending discrimination is a persistent abomination that denies New Yorkers economic opportunities and serves to perpetuate racial inequality and segregation in our city.”