After receiving the blessing of Mayor Bill de Blasio to change outdated zoning restrictions in Soho, the Department of City Planning has laid out its blueprint for the neighborhood. The proposed rezoning would affect 56 blocks across Soho and Noho, where the city plans to do away with restrictions that permit only light manufacturing use on ground floors, despite the current proliferation of street-level retail in the area. It would pave the way for residential
The post Move over, artists: Soho rezoning blueprint calls for more apartments, legal retail appeared first on The Real Deal New York.
UPDATED, Oct. 21, 2020, 5:00 p.m.: Tenant protections at apartment buildings with federally backed mortgages didn’t stop landlords in Houston from trying to evict renters between March and July, when an agency-imposed ban was in place. In a July earnings call, Freddie Mac touted its eviction moratorium at properties with loans backed by the quasi-government agency. Nevertheless, dozens of landlords in the sprawling Gulf Coast port city filed nearly 6,000 evictions during that period, data
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Farrah Lafontant hesitates to call herself a landlord. At least, she said, not a “corporate landlord.” Growing up in Brooklyn, she had heard East New York was one of those neighborhoods you avoid. But upon working there, she grew to appreciate the tight-knit community and later purchased a two-family home on a $36,000 salary through a now-defunct city program. The $1,300 a month from her rental unit made it possible. Within a few years, however,
The post Foreclosure filings ramp up, especially in minority neighborhoods appeared first on The Real Deal New York.