"We're trying to be as fair as possible, but also bring back a powerful tool for the city. We're talking about a focus on the worst of the worst. Properties where the ceiling is falling down, where children are developing health issues because of the building conditions."
"In 2024, Class B (hazardous) and Class C (immediately hazardous) violations each rose 32 percent year over year, according to city housing data."
New York City Council is advancing legislation to resurrect the Third Party Transfer program, which was halted in 2019 due to criticism that it disproportionately affected homeowners of color. Council member Pierina Ana Sanchez introduced the Housing Rescue and Resident Protection Act, an 80-page bill that redesigns the program with significant changes including a new property selection formula, expanded eligibility for vacant lots and unoccupied buildings, new owner exemptions, and a mechanism for owners to recoup funds if property sales exceed back taxes owed. The program eliminates the controversial block pickup provision. Proponents cite a 32 percent increase in hazardous housing violations in 2024, arguing the program is essential for addressing dangerous building conditions affecting residents.
#property-seizure-program #housing-policy #tax-delinquent-properties #housing-violations #equity-and-fairness
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