New NYCHA deal will turn 5,900 units to private developers and raise $1.5B for repairs

Feb 13, 2020 |

Via Wikimedia The New York City Public Housing Authority has inked an agreement that will turn 5,902 units over to private developers and raise over $1.5 billion for much-needed repairs, Crain’s reports. In 2018, Mayor Bill de Blasio announced plans to convert 62,000 apartments by 2028 and has so far converted over 7,000 units. Thursday’s deal […more]

Posted in: New York

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