"We can say, hey, um — you know — you are not maintaining this building, and we are the City of New York.
We have an interest in making sure that housing is well maintained, and — and we’re gonna take this building away from you.”
- Cea Weaver
We have an interest in making sure that housing is well maintained, and — and we’re gonna take this building away from you.”
- Cea Weaver
Source:
youtube.com/watch?v=2bpQTH…
Transcript of the clip:
At $5 billion, we hope to be able to set up and staff the agency, um, but also build — build new housing, um, across the state, as well as acquire distressed housing, um, across the state.
The mechanisms for acquiring distressed housing could look different on a building-by-building basis. In some cases, what happens is tenants form a tenant association.
They have a scofflaw landlord or someone who’s not making repairs, and they could pressure, um, you know, using organizing tactics — they could pressure the Social Housing Development Authority to take over their homes, to buy their homes.
In other cases, it might happen through, like, the legal process. A couple days ago, one of the most notorious slumlords in the city, um — uh — his name is OB Shalom — he was arrested because he is treating his tenants so badly, hundreds of thousands of open code violations.
In cases like that, where the city is actively pursuing already, sort of, litigation and enforcement mechanisms against the landlord, that SHDA is an option. We can say, hey, um — you know — you are not maintaining this building, and we are the City of New York.
We have an interest in making sure that housing is well maintained, and — and we’re gonna take this building away from you.
youtube.com/watch?v=2bpQTH…
Transcript of the clip:
At $5 billion, we hope to be able to set up and staff the agency, um, but also build — build new housing, um, across the state, as well as acquire distressed housing, um, across the state.
The mechanisms for acquiring distressed housing could look different on a building-by-building basis. In some cases, what happens is tenants form a tenant association.
They have a scofflaw landlord or someone who’s not making repairs, and they could pressure, um, you know, using organizing tactics — they could pressure the Social Housing Development Authority to take over their homes, to buy their homes.
In other cases, it might happen through, like, the legal process. A couple days ago, one of the most notorious slumlords in the city, um — uh — his name is OB Shalom — he was arrested because he is treating his tenants so badly, hundreds of thousands of open code violations.
In cases like that, where the city is actively pursuing already, sort of, litigation and enforcement mechanisms against the landlord, that SHDA is an option. We can say, hey, um — you know — you are not maintaining this building, and we are the City of New York.
We have an interest in making sure that housing is well maintained, and — and we’re gonna take this building away from you.
"It offers an opportunity to take those existing programs and sort of supercharge them, so that we can... you know, take over a lot of distressed housing."
"... there’s all sorts of things that organized tenants can do to drive down that market price, especially if, you know, we have strong rent controls."
"... there’s all sorts of things that organized tenants can do to drive down that market price, especially if, you know, we have strong rent controls."
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