A meeting was held last night at the Rutgers Houses.
Last night, the New York City Housing Authority took its road show to another housing development on the Lower East Side. NYCHA Commissioner Margarita Lopez, a longtime LES resident, has been tasked with the responsibility of explaining the cash-strapped agency’s plan to lease property for market rate development in order to close a huge funding gap. The latest information session was held in the gym of the Rutgers housing development, but was mostly intended for residents of the neighboring LaGuardia Houses.
NYCHA intends to offer 99 year leases to private developers at eight Manhattan housing projects, five of them on the Lower East Side (Smith, Baruch, LaGuardia, Campos Plaza Houses, plus Meltzer Towers). During the presentation, housing authority officials detailed the plan at LaGuardia and attempted to tamp down rumors about the controversial proposal. Continue reading NYCHA Details Development Plan Impacting LaGuardia Houses
Residents of the Smith Houses packed a gymnasium on Madison Street last night for a tense “emergency tenant meeting” to discuss the New York City Housing Authority’s plan to lease some of its property for luxury development. They were greeted by NYCHA board member Margarita Lopez, who struggled to tamp down what she called “rumors” concerning the proposal.
A week ago, the Daily News reported that the cash-strapped agency would release an RFP (request for proposals) next month seeking developers for parking lots, playgrounds and other spaces at eight of its developments, five of them on the Lower East Side. The new construction, the News reported, would consist of 80% market rate housing and 20% affordable housing. Around $50 million in expected annual revenues would be plowed back into the public housing developments, which require billions in repairs and upgrades. On the LES, Smith, as well as the La Guardia Houses, the Baruch Houses, Meltzer (senior housing) and Campos Plaza (on East 12th Street) would be impacted. Many of the details in the newspaper report matched up with very general briefings given to members of the City Council and tenant leaders in the past month. Continue reading NYCHA’s Margarita Lopez: Luxury Housing Plan is Not a Done Deal