By Hunter Walker 2/06 3:05pm

Cash Money

Bill Thompson (Photo: Getty)

Bill Thompson Accuses Housing Authority of Playing ‘Monopoly With Financiers’

Mayoral candidate Bill Thompson is up in arms about the New York City Housing Authority’s plan to lease unused space and playgrounds in public housing complexes to developers of luxury housing. In a statement released this afternoon, Mr. Thompson described the plan as a “wrongheaded move” that goes against the purpose of NYCHA.

“NYCHA was created to provide housing to low and moderate income New Yorkers, not to play Monopoly with financiers so they can build more high priced apartments in the city,” Mr. Thompson said. “Furthermore, this wrongheaded move comes at a time when more and more poor and working families are being priced out of the City.” Read More

By Azi Paybarah 6/16/11 3:10pm

Real Estate

Assembly Democrats Hit Senate Democrats as ‘Foolish’ and ‘Grandstanding’

Some Democratic infighting is deepening, with Assemblyman Keith Wright, Danny O’Donnell, Robert Rodriguez and Guillermo Linares accusing State Senators who voted against rent regulation extensions of voting “politically rather than practically.”

The Assembly members called it “totally irresponsible to leave these tenants without protection for even one minute.” They also said it was “absolutely ridiculous that these Senators chose not to extend the current law in order to make a political statement.” Read More