New York’s “The Red Hot Rubble of East New York” (January 26-February 8) is an extremely disturbing and unfortunately all too common story in New York City. Predatory real estate investors are targeting homeowners facing foreclosure, offering cash to buy them out and acquire their homes on the cheap, only to flip the houses or […]
Despite the intense demand for housing in New York City, vacant and abandoned properties continue to destabilize and blight many of our communities. Last week, our Executive Director Christie Peale testified at a hearing held by the City Council’s Housing and Buildings Committee on the problem of vacant and abandoned properties. Vacant and abandoned properties […]
Our Executive Director, Christie Peale, addresses the New York City Council Committee on Housing and Building regarding the foreclosure crisis as a driver of vacant and abandoned properties. Christie also put forward a series of recommendations on support for foreclosure prevention services, monitoring of vacant and at-risk properties, and providing further affordable homeownership opportunities. Full […]
Wall Street Journal: Sandy Forced Poor to Leave Illegal Units New York Daily News: Mortgage break, but also tax hike City & State: Save the 30-Year Mortgage Gotham Gazette: Experts Warn Of Foreclosure Crisis As Floodwaters’ Toll Persists NYC.gov: Mayor Bloomberg and Mayor’s Fund to Advance New York City Release One-Year Update on Hurricane Sandy Relief and […]
NEW YORK, NY, September, 19, 2013- The Center for New York City Neighborhoods (the Center) today released a report highlighting five years helping homeowners fight foreclosure in New York City. The report, titled “Home by Home: Neighborhood Stabilization in New York City” documents the local repercussions of the national crisis and highlights the work of […]
NEW YORK – The Center for New York City Neighborhoods (CNYCN) Executive Director Christie Peale and NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced that 100 loans have been provided to New York City homeowners in mortgage distress through the City’s Mortgage Assistance Program (MAP). MAP provides loans […]
CNYCN Featured in the Daily News: Home fraud shield law on Gov. Paterson’s desk would fight loan scams CNYCN Featured in the Daily News: Home groan – City sees rise in foreclosure filings in August, according to report Michael Hickey / Center for NYC Neighborhoods – Home Foreclosure Rates Surge Rise Up & Stay Put! […]
In response to the public health and economic crises caused by the COVID-19 outbreak, the City of New York has postponed the annual tax lien sale until August. Each year, the City of New York holds the sale, resulting in thousands of property owners seeing their debt from property taxes as well as sewer and […]
The COVID-19 outbreak doesn’t mean that families who are struggling financially need to fear losing their homes. As we advocate for a moratorium on foreclosures and other policies to help bring relief to low- and moderate-income homeowners, there are resources available both online and over the phone to help families to protect themselves. Here’s a […]
In 2018, we continued to serve New Yorkers across the state, helping them to recover from foreclosure, become more energy efficient, and learn about the importance of flood insurance. To learn more about our work, click the link below. 2018 Annual Report
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