Results tagged “homes”

Reacting to a surge in foreclosures, the city will begin overseeing a program to turn boarded-up houses into renovated homes. Announced in October, the Neighborhood Stabilization Program will subsidize housing rehabilitation through a nonprofit group, which will hold title to the properties until they can be sold to families making roughly $80,000 to $90,000 a year.

                

Perhaps now more than ever, New York City residents create homes for themselves in vastly different ways. Are there any bad neighborhoods anymore? Or are there just places that immigrants and long-time residents subsist next to high-rise hotels and luxury condos?