Linda Gold’s husband died the night of Hurricane Sandy trying to save their home from the storm. “I had lost my husband and my house was in ruins,” she says. Even while facing unimaginable loss, Gold was about to begin a nightmarish journey to try to rebuild her home and her life. Gold, with her […]
Seven years ago Deonarine Persaud and his wife paid off the mortgage on the single-family house in Cypress Hills, Brooklyn, that they’d acquired in 1989 for $120,000. Shortly after, however, their health started to fail. Persaud had a heart attack, and his wife had to retire early from her job as a nurse because she […]
We are pleased to join with our fellow members of the Coalition for Affordable Homes in releasing a new report that analyzes the unequal impact of New York City’s tax lien sale on homeowners. The report, “Compounding Debt: Race, Affordability, and NYC’s Tax Lien Sale,” finds that the City is six times more likely to […]
OR IMMEDIATE RELEASE: Nov. 21, 2016 CONTACT: Cristian Salazar, 646-786-0898, Center for NYC Neighborhoods, cristian.salazar@staging.cnycn.org The Coalition for Affordable Homes Releases Report on Impact of New York City’s Tax Lien Sale on Small Homeowners Coalition of 28 organizations finds lien sale disproportionately affects communities of color, leads to onerous fees and interest payments that enrich […]
FOR IMMEDIATE RELEASE: Oct. 14, 2016 CONTACT: Marshall Sitten, marshall.sitten@citi.com or Cristian Salazar, 646-786-0898, cristian.salazar@staging.cnycn.org Center for NYC Neighborhoods and Citi announce joint effort to advance groundbreaking community land trust for affordable homeownership Innovative model for community-controlled ownership aims to defend neighborhoods from gentrification and safeguard long-term affordability; Citi to provide seed funding to establish […]
FOR IMMEDIATE RELEASE: Aug. 18, 2016 CONTACT: Cristian Salazar, 646-786-0898, cristian.salazar@staging.cnycn.org Center for NYC Neighborhoods Launches Year-long Study of Homeowner Displacement in East New York and surrounding communities Non-profit seeks to use qualitative and quantitative methods to understand displacement in East New York, Brownsville, Cypress Hills and Ocean Hill; study will seek to develop policy […]
It can be difficult to spot homeowner scams, but even a small dose of information can help New Yorkers avoid them. Earlier this summer, Shani Kulture, radio personality and producer of HOT 97’s “Ebro in the Morning”, and Allison Antwi, program manager at the Center, took to the streets of Jamaica, Queens to talk to […]
A year ago, more than two dozen organizations proclaimed that New York City’s neighborhoods are the “bedrock of its success” as they set forth an ambitious agenda for protecting affordable homeownership. The Coalition for Affordable Homes, as it named itself, aimed to leverage the collective strength of 26 organizations to influence policy in order to […]
Carmen and Ricardo Ramirez had been living the American Dream of homeownership in Washington Heights when the recession interrupted it. As recounted by The Associated Press in a recent story marking a decade since the housing crash, the couple had been managing the payments for the $299,000 adjustable-rate mortgage on their one-bedroom condominium in Upper […]
The end of New York State’s legislative session is always an action-packed time, and this year did not disappoint, with lawmakers working into the early hours of Saturday morning on June 17, while advocates labored to keep New York’s housing needs on the agenda. Ultimately, the final results include several victories and one major defeat: […]
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