In the News
De Blasio administration moves to foreclose on hundreds of homes in black and Hispanic neighborhoods (New York Daily News)
New York Daily News, May 19, 2019
De Blasio administration moves to foreclose on hundreds of homes in black and Hispanic neighborhoods
“Mayor de Blasio’s administration has targeted at least 420 properties for foreclosure under a controversial policy that allows the city to take away buildings, and years’ worth of equity, from homeowners in predominantly black and Hispanic neighborhoods, city records revealed…. ‘A lot of these homeowners had no idea these properties were being taken out from under them,” said Scott Kohanowski, an attorney and the director of the Homeowner Stability Project. “And the city takes all that equity. That’s the most appalling part.’”
