Dossier
Mitchell-Lama
Coverage of Mitchell-Lama in the Nexus archive.
- These Bronx residents face 31% rent hike, even as payments freeze on 1M stabilized units
Bronx residents face a 31% rent hike, while 1 million stabilized housing units have frozen payments. Tracey Towers, a Mitchell-Lama property, proposes a 15% first-year rent increase under a four-year plan.
- East Village Mitchell-Lama residents demand answers on proposed sale of 110-space parking lot
Residents of an East Village Mitchell-Lama co-op are outraged over claims that the board is selling a 110-space parking lot for $30 million without resident input or a vote. The board's attorneys deny withholding information, stating shareholders have access to board minutes and meetings, but residents argue they lack details about the sale's rationale, buyers, and replacement plans.