Fighting Foreclosure and Abandoned Properties in NYC

Despite the intense demand for housing in New York City, vacant and abandoned properties continue to destabilize and blight many of our communities. Last week, our Executive Director Christie Peale testified at a hearing held by the City Council’s Housing and Buildings Committee on the problem of vacant and abandoned properties. Vacant and abandoned properties […]

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Testimony before NYC Council on the issue of vacant properties and the foreclosure crisis – March 2014

Our Executive Director, Christie Peale, addresses the New York City Council Committee on Housing and Building regarding the foreclosure crisis as a driver of vacant and abandoned properties. Christie also put forward a series of recommendations on support for foreclosure prevention services, monitoring of vacant and at-risk properties, and providing further affordable homeownership opportunities. Full […]

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“Post-Sandy Foreclosure Fears Erupt Among Residents With Damaged Homes” and other headlines from 2013

Wall Street Journal: Sandy Forced Poor to Leave Illegal Units New York Daily News: Mortgage break, but also tax hike City & State: Save the 30-Year Mortgage Gotham Gazette: Experts Warn Of Foreclosure Crisis As Floodwaters’ Toll Persists NYC.gov: Mayor Bloomberg and Mayor’s Fund to Advance New York City Release One-Year Update on Hurricane Sandy Relief and […]

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Center for NYC Neighborhoods Report Reveals Progress in Foreclosure Prevention in NYC

NEW YORK, NY, September, 19, 2013- The Center for New York City Neighborhoods (the Center) today released a report highlighting five years helping homeowners fight foreclosure in New York City.  The report, titled “Home by Home: Neighborhood Stabilization in New York City” documents the local repercussions of the national crisis and highlights the work of […]

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Center for NYC Neighborhoods Announces 100 Homes Saved From Foreclosure By City’s Innovative Loan Program

  NEW YORK – The Center for New York City Neighborhoods (CNYCN) Executive Director Christie Peale and NYC Department of Housing Preservation and Development (HPD) Commissioner Mathew M. Wambua today announced that 100 loans have been provided to New York  City homeowners in mortgage distress through the City’s Mortgage Assistance Program (MAP). MAP provides loans […]

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“Home Foreclosure Rates Surge” and other headlines from 2010

CNYCN Featured in the Daily News: Home fraud shield law on Gov. Paterson’s desk would fight loan scams CNYCN Featured in the Daily News: Home groan – City sees rise in foreclosure filings in August, according to report Michael Hickey / Center for NYC Neighborhoods – Home Foreclosure Rates Surge Rise Up & Stay Put! […]

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The Living Dead of Property, Zombie Homes and Pieds-á-Terre Invade NYC’s Neighborhoods: Here’s How to Inoculate Against Them (Hint: It’s a Tax)

As New York City continues to grapple with skyrocketing rents and shrinking supply of affordable properties, policymakers should look to existing vacant homes. In this category of vacant homes are 1) pied-á-terre homes, vacant homes that are empty due to speculation, typically in affluent neighborhoods and 2) zombie properties that have been abandoned due to […]

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Fireside Chat

Fireside Chat The Forum 3:15 – 3:55PM Please join Commissioner of New York City’s Department of Housing Preservation & Development, Adolfo Carrión Jr, in a fireside chat with Queens Borough President Donovan Richards. In this wide-ranging discussion, they will discuss their vision for homeownership in New York City, discussing current barriers, innovative solutions, and best […]

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Protecting Homeowners Assets

Protecting Homeowners Assets HUB 1 2:15 – 3:00PM With a home being both a huge investment and a source of intergenerational wealth, especially in BIPOC communities, it is important for homeowners to have the knowledge and resources to protect their assets from the rise in scams, deed theft, and more. What are the barriers that […]

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Affordability vs. Wealth Building – Exploring New Models of Homeownership

Affordability vs. Wealth Building – Exploring New Models of Homeownership The Forum 1:15 – 2:00PM How do those of us who care about racial equity, wealth-building, and maintaining affordable homeownership navigate and balance the tensions between those goals? How can new models of homeownership – like CLTs and other collective housing options – thrive in […]

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