New ‘Project Parachute’ initiative aims to help New Yorkers that were impacted by COVID-19 pandemic
Over 40 owners of market-rate and affordable apartment buildings, nonprofits, and service providers have come together to help New Yorkers stay in their homes during the COVID-19 pandemic.
Date 2020-05-15
Author Emily Davenport
$4M landlord-nonprofit partnership to fund struggling tenants
A $4 million fund set up by more than 40 of the city's top landlords would direct money through nonprofits to help tenants who are struggling to pay rent during the pandemic.
Date 2020-05-15
Author Gwen Everett
Owners launch fund to keep New Yorkers in their homes
Some of the city’s largest property owners have created a new fund to help keep vulnerable New Yorkers impacted by the Covid-19 crisis in their homes. Called Project Parachute, the fund has been launched with $4 million in contributions from companies including LeFrak, Durst, Resnick and Rose.
Date 2020-05-15
Author REW
Big City Real Estate Groups Commit Funding, Assistance To Struggling Tenants
A group of real estate developers and property owners have invested $4 million in a fund to assist those on the verge of homelessness, in advance of an anticipated surge in housing court cases when the state’s eviction moratorium ends this August.
Date 2020-05-15
Author Janaki Chadha
HOMETOWN HELPERS: Cleaning woman at NYC’s One World Trade Center takes great pride in her work at Freedom Tower-turned-ghost town during coronavirus pandemic
Magdelena Ostrowska feels a surge of pride each morning when she walks into work at One World Trade Center.
Date 2020-04-10
Author Larry McShane