Tag Archives: Affordable housing

ST/PCV apartment lottery reopening

ST buildings

By Sabina Mollot

The last time the Stuyvesant Town apartment lottery opened was in January, with slots only being made available for applicants in the upper tier of income levels, meaning those who earn a maximum of 165 percent of the area median income. As part of owner Blackstone’s deal with the city in 2015, as apartments have become available in the complex, half become market rate while the other half become available to lottery tenants. Of the lottery apartments, 90 percent of them go to tenants earning up to 165 percent of the AMI, the other 10 percent going to those earning a maximum of 80 percent of the AMI.

However, the lottery is once again reopening, and this time, applicants in both income tiers are eligible to apply for apartments, which are available in a variety of sizes in Stuy Town as well as Peter Cooper Village. The deadline to apply is October 11 and applications can be done online at stuytownlottery.com. To request an application by mail, send a self-addressed, stamped envelope to Stuyvesant Town/Peter Cooper Village Wait List, Peter Stuyvesant Station, P.O. Box 1287, New York, NY, 10009.

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Waterside Plaza residents retiring next year could benefit from affordability plan

Waterside residents learn more about the affordability agreement at a Community Board 6 meeting on Monday. (Photos by Maria Rocha-Buschel)

By Maria Rocha-Buschel

Waterside Plaza tenants might want to consider early retirement to take full advantage of the affordability deal brokered between owner Richard Ravitch and the city.

Representatives from the Department of Housing Preservation and Development told Waterside Plaza residents at a recent Community Board 6 meeting that only tenants who have retired by 2019 will be eligible to have their rent reset as part of the deal that was announced earlier this month.

Dozens of residents, including Waterside Tenants Association President Janet Handal and property manager Peter Davis, were at the Land Use and Waterfront committee meeting on Monday to learn additional details about the plan.

A number of residents at the meeting expressed concern about how much they would benefit through the plan, saying that they were eight to 10 years away from retirement and would ideally like to stay at Waterside Plaza for the foreseeable future but wanted to be eligible for a rent reduction.

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Affordability deal proposed for Waterside Plaza

Sept12 Waterside

Waterside Plaza

By Sabina Mollot

The owner of Waterside Plaza, Richard Ravitch, has entered into a tentative deal with the city to help preserve affordability at the complex in 325 apartments occupied by “settling tenants.”

Those tenants had entered into an agreement with the owner after the property left the affordable Mitchell-Lama program at the turn of the millennium to pay a fixed increase each year, which is currently 4.25 percent. In those apartments, about 30 percent of Waterside’s housing stock, the majority of their occupants are seniors.

Under the agreement, which still must go through a ULURP process and get the approval of Community Board 6, the borough president and the City Council, tenants in those 325 apartments will all see some sort of rent relief.

For tenants earning under 165 percent of the area median income and paying over 30 percent of their household incomes in rent — effectively making them rent-burdened — their rents will become 30 percent of whatever their incomes are. Currently, 165 percent of the AMI is $120,615 for one person, $154,935 for a family of three and $185,995 for a family of five.

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Teachout: More tenant protection needed against predatory equity

July19 teachout cropped

Zephyr Teachout discusses her platform in front of a Jared-Kushner-owned building. (Photo by Maria Rocha-Buschel)

By Maria Rocha-Buschel

Attorney General candidate Zephyr Teachout has announced specific tenant-friendly objectives she would implement in the office if elected in response to reports that 19 tenants are suing Jared Kushner’s real estate company for pushing them out of their rent stabilized apartments.

Teachout’s agenda, which she announced on Monday in front of the Kushner-owned building in Williamsburg whose tenants have filed the lawsuit, includes creating an ombudsman position that would be responsible for engagement with tenant groups and organizers to respond to complaints and increasing criminal prosecutions in the Real Estate Enforcement Unit, a division of the AG’s office that investigates and prosecutes cases involving bank fraud, deceptive lending practices, tenant harassment and other real estate-related crimes.

“These crimes are committed every day by real estate companies in New York,” she said. “If we really want to change their behavior, we have to go after them criminally and not just civilly.”

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Green Party candidate running for now vacant Assembly seat

Adrienne Craig-Williams hopes to make rent more affordable for stabilized as well as market-rate tenants. (Photo by Sabina Mollot)

By Sabina Mollot

On April 24, four candidates will be on the ballot in the hope of winning the now-vacant Assembly seat previously occupied by State Senator Brian Kavanagh.

Out of those four, two are Third Party candidates, Juan Pagan of the Reform Party and Adrienne Craig-Williams of the Green Party. They will face off against Democrat Harvey Epstein and Republican Bryan Cooper.

Craig-Williams, a resident of the East Village (formerly Peter Cooper Village), is running on a platform of justice system reform and affordable housing.

Prior to the holiday weekend, she discussed her campaign with Town & Village over coffee at Ninth Street Espresso (which is actually on East 10th Street).

Craig-Williams, 37, officially launched her campaign at the beginning of March. She would have started sooner, but didn’t know she was running until February when an expected party candidate decided to back out.

However, Craig-Williams, who’s been active in her party since 2004, usually to help champion its candidates, insisted she’s in it to win it.

Responses to her candidacy have been encouraging, she said, and no one has attempted to talk her out of it. “I don’t think people consider the Green Party a threat,” she admitted, “unless they want to blame the party for something.”

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Tenant lobbying event in Albany

Real Rent Reform (R3), a coalition of tenant advocacy groups, is organizing a lobbying day in Albany on Thursday, March 22 to tell the State Senate to close the loopholes that are making housing in this city unaffordable. Even in rent-regulated apartments, the rent is too high and stability is at risk. Nearly 266,000 tenants live with a preferential rent which means their rent can jump hundreds of dollars when their lease is up.

Transportation will be provided free of cost by R3 as well as a light breakfast and lunch.

The Stuyvesant Town-Peter Cooper Village Tenants Association will have representatives there and is asking neighbors to attend.

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Republican runs for Kavanagh’s old Assembly seat

Assembly candidate Bryan Cooper believes it’s unfair Republicans are blamed for the lack of affordable housing. (Photo courtesy of Bryan Cooper)

By Sabina Mollot

In New York City, it’s generally understood that whichever Democrat candidate is on the ballot in a general election is going to win, regardless of who the Republican or third party candidate is. And Bryan Cooper, the Republican hoping to fill the Assembly seat vacated by State Senator Brian Kavanagh, knows this.

Nevertheless, he is hoping three time’s the charm. This will, after all, be the third time he’s run for the 74th District Assembly seat. Cooper, now 51, ran against Kavanagh in 2008 and again in 2014. He also ran against then-City Council Member Rosie Mendez in 2009.

While both incumbents were easily re-elected, Cooper said he’s more hopeful this time since the special election on April 24 is an open one.

He’ll be on the ballot along with Democrat Harvey Epstein who last Monday got the nomination from the Democratic County Committee. That same evening, the Manhattan Republican Party announced it was supporting Cooper.

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Letters to the editor, Feb. 22

Cartoon by Jim Meadows

Differing ideas about housing ‘reform’

To the editor:

My principal difficulty with Harvey Epstein’s “Living in NYC isn’t a privilege,” opinion, Town & Village, Feb. 1, is his omission of what has brought us an “unprecedented housing crisis.” Mr. Epstein took pains to lay bare the crux, but he did not get to its persistent cause. As we read his letter, it becomes apparent that while he understands the crisis, in the sense that he, like we, can describe it, he does not understand it as anything other than a crisis in housing. It is, in his words, “an alarming trend” whose remedy is “up for debate.” I do not know why Mr. Epstein sees the “unprecedented crisis” as a “trend,” and it bears badly for his future leadership and his constituency that he thinks the remedy is “up for grabs.”

To treat the plight of our most vulnerable, Mr. Epstein would provide them with “subsidies so that they can afford to stay in their rent-regulated housing.” He would require “all developers to set aside a percentage of all future development for affordable housing.” He would “repeal vacancy deregulation… reform the way in which landlords impose exorbitant rent increases based on MCIs,” and he would “end the vacancy bonus which allows landlords to increase rents a whopping 20 percent whenever a tenant [vacates] an apartment.” In the main, covering all of the issues, Mr. Epstein believes that, “It’s time we create new working class housing program that allows working class New Yorkers the ability to work and stay here.”

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Rivera focused on mom-and-pops and affordable housing at tech hub

Council Member Carlina Rivera outside her district office in the East Village (Photo by Maria Rocha-Buschel)

By Maria Rocha-Buschel

Newly-elected City Council Member Carlina Rivera spoke with members of the community media in a round-table discussion this week, covering affordable housing, the plight of small businesses and the transit woes affecting District 2.

Rivera, who took over the seat from Rosie Mendez, who was term-limited after 12 years in office, previously worked with Mendez as her legislative director and is a long-time community activist working in the East Village and the Lower East Side.

One of the subjects she brought up was the new “tech hub” the city is planning on East 14th Street, and Rivera said she wants to make sure affordable housing is factored into the plan.

“In terms of the zoning, it’s going to be important to look at how we can incentivize affordable housing,” she said. “People are worried that this tech hub is going to be a purely commercial development and one of the most important things we need is affordable housing.”

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City is warehousing vacant lots intended for housing: Stringer

City Comptroller Scott Stringer is accusing the HPD of failing to meet its own target dates for taking actions on available properties.

By Sabina Mollot

On Monday, City Comptroller Scott Stringer blasted the Department of Housing, Preservation and Development, saying that at the rate it’s been working to turn over 1,000 vacant city-owned lots into affordable housing, it’ll take 17 years to get them all breaking ground.

His announcement followed a report he issued in 2016 that showed the city was warehousing over 1,100 vacant lots.

Out of those properties, Stringer said nearly 90 percent (1,007) have remained undeveloped. HPD, he said, has transferred only 64 to developers and 54 others have been transferred to other city agencies for their use. Additionally, some properties have remained vacant for 50 years.

Stringer noted that while the city has intended to turn hundreds of these lots into affordable housing, it has failed to meet its own target dates for taking action on 80 percent of them. Stringer is calling for all of the city-owned lots to be used for over 50,000 units of permanent affordable housing and for HPD to create a “realistic” timetable to either make this happen or turn the properties over to other agencies or developers.

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Opinion: Living in NYC isn’t a privilege

By Harvey Epstein

Maria has lived in her apartment for more than 40 years. However, a few years ago, a new landlord purchased the building. The landlord started a lot of work in the building and filed for Major Capital Improvements (MCIs). The rent has gone up over 30 percent in the last 5 years. Maria is getting ready to retire and now really worries whether she will be able to afford to live in her rent stabilized apartment for the rest of her life. There are thousands of Marias living in our city today unsure what their future holds.

It all starts with a stable home. Opportunities for better employment, our children’s success in school, and the ability to lead healthier lives. But when being able to stay in our homes in New York City is a day-to-day struggle, so is everything else. Affordable housing is the cornerstone of a thriving society, but for far too long it has been under threat in our city.

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Editorial: A pilot program in preservation

The city was quick to slam an independent report that said the affordability preserved in the property’s most recent sale was exaggerated (although this was without disputing the actual figures cited by the Independent Budget Office).

Measuring affordability through years rather than apartments, the IBO has calculated that the majority of apartments would have remained affordable even without a deal that cost the city $220 million.

Just whether or not the city got what it paid for remains to be seen, as is how stable the community will remain over the years with a combination of market rents, true stabilized rents and upper and lower lottery tier rents.

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Former CB6 chair enters Assembly race

Sandro Sherrod (Photo by Bert Ongkeo)

By Sabina Mollot

In a race that so far has no set Election Day, three candidates have already announced their hopes of replacing Brian Kavanagh in the New York Assembly, 74th District.

The most recent one to make his candidacy official is former Community Board 6 chair Sandro Sherrod, a resident of Stuyvesant Town.

Sherrod, 41, works at NYU Langone Center with the title of director of collaborative infrastructure and audio-visual strategy. (As he explains it, he’s responsible for integrative technology and how it gets used.) He’s been at the East Side hospital for the past 17 years and has a record of community activism that’s almost as long. He’s been the president of the Tilden Democratic Club, where he is now a district leader. He’s been the corresponding secretary of the 13th Precinct Community Council and he’s served on the board of the Stuyvesant Park Neighborhood Association. He is now a board member of the Stuyvesant Town-Peter Cooper Village Tenants Association and is still involved with CB6, which he chaired from 2012-2015. He also chaired the board’s health committee and was vice chair of the parks committee.

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Opinion: Priorities for the year ahead

By Council Member Keith Powers

Starting on January 1, I have the privilege to represent the community that I have called home throughout my life. Our district has been lucky to have been represented by Council Member Dan Garodnick for 12 years that were exciting, turbulent, and important to our future. As I take office, I look forward to building on Dan’s legacy and focusing on a few priority areas:

Creating and Preserving Affordable Housing
As I promised during my campaign, I’ll work to make housing laws fair and to provide residents an opportunity to stay in their homes for the long haul, especially right here in ST/PCV. The next few years will need to include addressing the long-term future of “Roberts” tenants in ST/PCV and assisting overburdened settling tenants in Waterside Plaza. The city and state also need to address the rising cost of housing through MCI reform, expanding SCRIE benefits, and continuing the push for zero or low rent increases for rent-regulated tenants.

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Watchdog says affordability preserved through Stuy Town deal was exaggerated

de Blasio talking

Mayor Bill de Blasio and other elected officials with tenants in October, 2015 announcing the sale of Stuyvesant Town (Photo by Sabina Mollot)

By Sabina Mollot

In October of 2015, a grinning Mayor Bill de Blasio stood alongside other elected officials to declare that the sale of Stuyvesant Town and Peter Cooper Village to The Blackstone Group and partner Ivanhoe Cambridge was the “mother of all preservations deals.”

However, the Independent Budget Office of the City of New York (IBO) is now suggesting, in a report released Friday, that the amount of affordability preserved was inflated.

The IBO estimated that while the deal was supposed to preserve 100,000 “apartment years” (the equivalent of 5,000 apartments for 20 years), 64,000 of those apartment years would have remained affordable anyway through rent stabilization. This would mean the deal really only saved 36,000 apartment years, not 100,000. The report also noted that when the sale took place, just over 5,000 apartments were already renting at below-market rates due to rent stabilization.

While there has been plenty of debate over just how “affordable” the 5,000 apartments that are preserved and leased through a lottery system actually are, according to the IBO, only three percent of those 100,000 apartment years are reserved for low-income households. Twenty-seven percent are intended for middle income households while the remaining six percent of apartment years are units that will remain rent-stabilized longer than they would have without the deal. For its report, the IBO said it considered all of the newly created lottery apartments as well as ones that remain stabilized to be benefits to the city.

Additionally, the report indicated that the city used some misleading numbers at the time of the property sale.

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