HPD is writing a Regulatory Agreement that will affect approximately thirty thousand residents of one the affordable housing in programs in New York: the HDFC cooperatives. The frame of the agreement is forceful: the threat of deleting the existing tax exemption (valid until 2029) will force into regulation. …
January 30 2017 Hon. Gale A. Brewer Manhattan Borough President 1 Centre Street, 19th Floor New York, NY 10007 REQUEST FOR A HEARING Esteemed Ms. Brewer: On July 21, 2016, HPD presented a proposal that would deprive shareholder-owned Housing Development Fund Corporation (HDFC) cooperatives of …
HDFC Fallacies and Claims
In Rape New York, 2000-2008 I wrote about several holes in the gentrification and real estate development process at the time in New York. This includes using “rape” as a strategy for “moving” in rent stabilized apartments in an area that was under gentrification: Harlem. Upon arriving in New …
