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The Consent Decree, which is subject to the review and approval of the court, requires the appointment of a federal monitor and requires the city, to provide $1.2 billion of additional capital funding to NYCHA over the next five years, and $200 million every year thereafter until the problems are fixed.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 07, 2025
Marcy Moneypenny says hard work is seldom enough to stand out in the CRE industry.
July 07, 2025
The $4 billion project would include 500,000 square feet of gaming space.
July 07, 2025
Overall CMBS delinquency rate was up slightly, according to Trepp.