Here’s how de Blasio will “take” buildings from bad landlords

When Mayor Bill de Blasio said Thursday that he would “take” buildings from landlords who threaten the well-being of tenants, he stopped short of explaining how. But city officials have since told The Real Deal that the plan is to expand laws governing an existing and highly contentious program that saw the city foreclose on more than 60 properties in Brooklyn, Bronx and Queens last year. Third Party Transfer, which is administered by HPD, gives […]


Source: Real Estate

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