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



























