HUD Vouchers

  • Source: Michael Winerip, "In New York,, H.U.D.'s Vouchers Pay for Already Cheap Housing," The New York Times, December 31, 1989. link
  • Tags: housing nyc todo

Stuyvesant Town and Peter Cooper Village Sold

  • Sold to Tishman Speyer Properties for $5.4bil
  • Built by MetLife
  • Doctoroff had something to do with it link
  • Source: "Sale of Stuyvesant Town and Peter Cooper Village Goes Through Despite Some Tenants’ Efforts," The New York Times, November 18, 2006. link
  • Tags: doctoroff housing nyc todo

Eugene Keilin appointed MAC chairman by Cuomo

New York City Loan Guarantee Act

Jacob Javits pleads for federal load guarantees for New York City

  • Date: March 16, 1978
  • Cites Congressional Research Service report on existing large and varied federal loan guarantees
  • Source: cuny
  • Tags: javits nyc nycfc

New York City Seasonal Financing Act

NYC Misc

Daniel Patrick Moynihan

Mitchell Moss

Edward Kresky

  • Early MAC appointee
  • Served as deputy under William Ronan both for Govenor Rockefeller and MTA
  • Source: "Edward Kresky, 88, calmed fiscal panic," The New York Times, January 31, 2013. link
  • Tags: mac nyc people

New York City Housing Crisis

Municipal Assistance Corporation Shut Down

Commuter Tax Repealed

  • Date: May 18, 1999
  • Was 0.45 of 1% income tax on commuters in the state who work in New York City
  • Would reduce city revenue by $210m (or up to $360m, if courts rule tax now discriminates against out-of-state commuters (apparently this remained at the time, NEED SOURCE FOR RESULT OF THIS))
  • Mayor Giuliani opposed, Gov. Pataki signed, week before special election for State Senate seat in Rockland/Orange counties (NW of NYC)
  • City enjoyed $2b surplus at the time, Republicans intended measure to lighten tax burder on suburban residents
  • "The Mayor asserted that the city had a right to ask commuters to contribute to the costs of police, fire and other services."
  • Source: "Legislature Acts Quickly To Repeal Commuter Tax," The New York Times, May 18, 1999. link
  • Tags: nyc taxes

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