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New York & Tri-State  + Outer  + Apartments  | 

Cuomo Pledges $250M More for NYC’s Public Housing

New York Gov. Cuomo has proposed an additional $250 million in the state budget to support the New York City Housing Authority, following tenant requests for an independent construction manager separate from NYCHA. The additional funding, also requested by tenants, is on top of $300 million the state has already committed to the authority for the 2018-2019 fiscal year.

Speaking at a Brooklyn church on St. Patrick’s Day, Cuomo slammed city and federal inaction on living conditions in the city’s pubic housing. “You know how long NYCHA says it’s going to take to replace a boiler? Four years,” he said. “How can that be? How can it be four years to change a boiler?

Along with an independent construction manager and additional levels of funding, tenants have also requested oversight on construction projects at NYCHA properties.

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).