NYC Council Sues To Block Housing Authority's Leasing Plan

Law360, New York (October 11, 2013, 4:00 PM EDT) -- The New York City Council sued the city's housing authority in state court Thursday, seeking to block the authority's controversial plan to lease some of the vacant property it manages to private developers in an effort to raise funds for upkeep and maintenance.

The city council argues that the New York City Housing Authority doesn't have the statutory authority to lease its space as housing for private development that will cater to high-income tenants, since its mandate is to provide housing for low-income residents. In addition,...
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