1/10/2024 0 Comments Mitchell lama housing pet policy![]() ![]() "I have long held that NYU must help preserve 505 LaGuardia Place as affordable housing both for the current residents and future generations because of the significant contributions that economic diversity has made to the fabric of the Village and New York City as a whole. "I applaud Councilmember Chin and Congressman Nadler for negotiating this commitment," New York State Senator Thomas K. “I am pleased that the residents of 505 LaGuardia have reached a deal on extending their land lease and hope this deal will ensure their continued affordability in perpetuity." ![]() "505 LaGuardia is one of the last bastions of middle-class housing in the Village,” Manhattan Borough President Scott Stringer said. "This agreement guarantees that 505 LaGuardia can maintain affordability and that the working class families who currently reside there will be able to continue to live in the neighborhood they have long called home." "I am pleased a deal has been reached and much needed affordable housing has been preserved in Greenwich Village," City Council Speaker Christine C. I also want to recognize all my colleagues on the City Council for their support on this issue.” This is a wonderful example of what can be accomplished when we work together and it is truly a day for NYU and the Greenwich Village community to stand tall and be recognized for this substantial achievement. I want to thank New York University and the leadership at 505 LaGuardia for all the hard work, time, and effort that went in to crafting this arrangement. We must ensure that the long-time residents who built this community have the services and the housing options that meet their needs. There is a large population that is aging in place and affordable housing in is short supply. It guarantees, for all of our lifetimes, that working families and the middle class will have a place to call home in this community. This is a huge victory for Greenwich Village. I want to thank the University and 505 LaGuardia for reaching a deal that ensures that this Mitchell-Lama building remains affordable in perpetuity. "It is not just a valuable public policy, but is integral to the long-term health and stability of our communities. "The importance of protecting and preserving affordable housing cannot be underestimated," Council Member Margaret Chin, who represents the Village, said. This deal will help preserve a balance between old and new in the Village and, as NYU moves forward with its development of the adjacent land, 505 LaGuardia will remain an important fixture of the neighborhood, helping to sustain the economic diversity that is a critical part of this community.” ![]() ![]() I am gratified that NYU has been a true partner with the tenants, working with 505 LaGuardia to preserve affordable housing, and I am proud to have played a role in achieving this goal. “In a neighborhood with shrinking affordable options, it is essential to protect the housing stock that we do have from the powerful forces of the market. “I am overjoyed that 505 LaGuardia will have a new lease that will finally ensure long-term affordability for residents and prevent uncertainty about future rent increases,” Rep. Quinn, Manhattan Borough President Scott Stringer, and State Senator Thomas Duane applauded the agreement between New York University and 505 LaGuardia to maintain long-term affordability at the Mitchell-Lama development. Today, Congressman Jerrold Nadler, Council Member Margaret S. ![]()
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