John Rhea, a former investment banker, is Mayor Bloomberg's choice to lead the financially troubled New York City Housing Authority. The selection is being praised in some quarters. But five City Council members are unhappy with the choice, saying they wanted a NYCHA head with experience in affordable housing. And they were disappointed that council
members were not consulted about the decision.
A big increase in the number of hispanic New Yorkers helped push the city's population to 8.4 million. New Census figures show, however, that there were steady increases in Manhattan's white population. There's a higher percentage of whites in New York than in 1980. One reason why: high home prices have pushed diverse populations to the outer boroughs.
Curbed has details from the latest Douglas Elliman housing report. Yes, home prices are sliding but properties are spending less time on the market than they were a few months ago.
Channel 13's Sunday Arts Program has an interesting profile of the Tenement Museum. You can see it here. And if you're a fan of the Babycakes Bakery on Broome Street, you might want to stop by the Babycakes book party at the Tenement Museum tonight at 630pm.