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Citizens Housing and Planning Council

Coverage of Citizens Housing and Planning Council in the Nexus archive.

Earliest in view: Aug 13 · 09:00 UTCMost recent: Aug 13 · 09:00 UTC
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  • BUSINESSAug 13 · 09:00 UTCTHE CITY NYC
    The $1.5M Holdout: Kips Bay Fight Pits Tenant Rights Against NYC Housing Development

    Michael Heletz, founder of Excel Development Group, plans to demolish four buildings in Kips Bay for a tower of up to 160 apartments and retail space. The project is stalled because six rent-regulated tenants have not agreed to leave despite lucrative offers. A sixth tenant, Annie Feng, is holding out using her rights under rent stabilization rules, which creates conflict between individual tenant protections and broader affordable housing goals.

Citizens Housing and Planning Council · Dossier · The Nexus