Tish James says de Blasio’s NYCHA compliance appointment isn’t good enough

New York City Public Advocate Letitia James says Mayor Bill de Blasio’s move to appoint a chief compliance officer at the New York City Housing Authority is nothing more than “window dressing.” James, who previously called for the ouster of NYCHA head Shola Olatoye over the lead paint scandal, said de Blasio’s move wouldn’t fix[…]

Schumer, Jeffries say provision in Starrett City subsidy could lead to rent spikes

A key clause in the federal government’s subsidy of Starrett City could lead to rent spikes at the country’s largest public housing complex if a sale to Rockpoint Group and Brooksville Company is approved, two state politicians believe. Sen. Chuck Schumer and Rep. Hakeem Jeffries sent a letter to Housing and Urban Development Secretary Ben[…]

Stephen Ross on Amazon HQ2: “I don’t think New York has a chance”

After Amazon announced its plans for a second headquarters, Related Companies approached the online retail giant with a simple pitch: “Wherever you go, we want to be your developer,” the company’s CEO Jeff Blau recalled at NYU Schack Institute’s annual conference on capital markets in real estate Thursday. Blau doubts that place will be New[…]