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August 26, 2024
Vouching for Self-Sufficiency
It’s hard to sympathize with the Parkoff Organization, the New York real estate firm that owns some 4,000 apartments across the city. According to a new lawsuit, housing “testers” caught the group discriminating against potential tenants whose rent would have been subsidized by housing vouchers. The Fair Housing Justice Center (FHJC), which brought the suit, claims that Parkoff…
August 23, 2024
Can Kamala Harris Learn the Housing Lessons from Her Own History?
In a biographical aside in her Thursday night nomination-acceptance speech, Kamala Harris spoke eloquently, and perhaps inadvertently, about “affordable housing” policy. She recalled the neighborhood in the East Bay where her mother rented an apartment: In the Bay, you either live in the hills or the flatlands. We lived in the flats — A beautiful, working-class neighborhood…
August 18, 2024
Why NYC’s Most Affordable Housing May Already Be Available
Mayor Adams’ ambitious rezoning proposal he calls the “City of Yes” — aimed at encouraging new housing construction throughout the five boroughs — is filled with commonsense ideas such as permitting apartments to be built above storefronts and relaxing the expensive requirements for new parking. Adams, in many ways, is harkening back to the golden…
August 16, 2024
The Harris Campaign’s Foolish Down-Payment-Assistance Scheme
On the surface, Kamala Harris’s proposal to provide $25,000 in down-payment assistance to first-time homebuyers looks to be an incentive for upward mobility. Historically, homeownership has been the foundation for wealth creation for those of modest means. On closer inspection, however, down-payment assistance sends the wrong message — not only because already high home prices are likely to…
April 8, 2024
Accountability Comes to Public Housing
With little fanfare, the impossible just happened at the Hope Gardens public housing project in Bushwick: the management got fired. Repairs to the project’s high rises and townhouses had been delayed, and, per an official notice, “cost-saving measures to curb ballooning controllable operating expenses” hadn’t been adopted. Such lack of foresight constitutes a typical day…
March 21, 2024
It’s Not Just Minority Neighborhoods—NYC’s Entire Property-Tax System Needs Reform
There is good reason to conclude, as the state Court of Appeals did Tuesday, that New York City’s property-tax system leads to disproportionately high tax bills for minority homeowners. But those high taxes aren’t the result of discrimination; they’re just one example of a dysfunctional tax-assessment system that burdens homeowners and discourages new housing construction —…
March 14, 2024
A Crucial Fix For Rent Regulation
Housing legislation has moved to center stage in Albany, with proposals to provide aid for everything from granny flats to new, subsidized construction on the table. But one especially surprising, common-sense change in the state’s rent regulation appears to be attracting bipartisan support. A state Senate plan would permit up to 6% rent increases following major capital…
February 23, 2024
After Milton’s MBTA Housing Defeat, The Way Forward Is With Persuasion, Not Mandates
It’s difficult to avoid seeing Milton’s referendum defeat of a proposed zoning law to permit higher-density housing construction as a signal setback for the state’s effort to pressure towns to make housing more affordable. There’s no getting around the importance of that effort. High housing prices not only burden current Bay State residents but act as a…
February 6, 2024
NYCHA Corruption Means It’s Time To Privatize
We already knew the New York City Housing Authority is the city’s biggest slumlord. Now we’re reminded it’s a corrupt slumlord. Just five years after a federal court found its employees had lied about a vital public-health matter — conducting lead-paint inspections of apartments — we learn NYCHA supervisors solicited bribes in exchange for no-bid repair contracts. US Attorney…
December 31, 2023
Forget Eric Adams’ Flawed Housing Plan — Let’s Make ALL NYC Neighborhoods “High-Opportunity”
New York City residents are facing the ill-effects of drastic, across-the-board budget cuts affecting the most basic city services. It would hardly seem to be the right time for the Adams administration to undertake an expensive new housing program with the city’s own funds. Yet that’s exactly what the Department of Housing Preservation and Development announced last week….