Close Menu
    Trending
    • HUD would permit multi-story manufactured homes without a permanent chassis
    • Brandon Miller’s East Village Project Lands First Office Tenants
    • New York Advances Pocket Listings Crackdown
    • Aging-in-place tech opportunities for reverse mortgage lenders
    • Why Meadow Lane in the Hamptons is So Expensive
    • Gotham Housing Alliance Hired Zombie Actors at Demonstration
    • Breaking Down DOF’s Proposed Pied-À-Terre Tax Rules
    • Developers Secure $220M for Next Jersey City Tower
    WorldEstateUSA
    • Home
    • Real Estate
    • Real Estate News
    • Real Estate Analysis
    • House Flipping
    • Property Investment
    WorldEstateUSA
    Home»Real Estate Analysis»The Case for Replacing Right-to-Shelter in NYC

    The Case for Replacing Right-to-Shelter in NYC

    Team_WorldEstateUSABy Team_WorldEstateUSAFebruary 28, 2026No Comments5 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Everybody on a barstool has an answer to the homeless disaster, it appears.

    What we want is an skilled — somebody with expertise on the bottom and in Metropolis Corridor.

    Mark Hurwitz definitely qualifies. He was a deputy commissioner on the Division of Homeless Providers through the Bloomberg administration and has carried out ride-alongs with social staff making an attempt to coax the road homeless into shelters.

    In a New York Instances op-ed Friday, he pitched an thought we’ve all heard earlier than: Fund everlasting housing as an alternative of emergency shelters.

    Who isn’t for that? (Properly, perhaps shelter developers and operators.)

    The rub, Hurwitz defined, is that this spending shift can’t occur beneath town’s right-to-shelter coverage, as a result of it sucks up practically $4 billion a 12 months. I’m with him on that, too.

    The timing to alter the coverage is true, he wrote, as a result of Mayor Zohran Mamdani’s company counsel, Steven Banks, is uniquely positioned to take action. Banks was its chief architect, having gained a consent decree in 1981 from the Koch administration within the Callahan v. Carey lawsuit.

    The shelter mandate was initially only for homeless males however was later expanded. No different metropolis has one prefer it.

    Why would Banks roll again essentially the most vital achievement of his profession? As a result of he absolutely is aware of we will do higher. His bona fides as an advocate for the homeless insulate him from progressive assaults — a luxurious that billionaire Michael Bloomberg didn’t have. Assume Nixon in China.

    Nevertheless, I’m not certain Banks will do this. I do know him somewhat as a result of he ran for Metropolis Council in my neighborhood in opposition to Invoice de Blasio in 2001, shedding 32 p.c to 22 p.c in a six-way major.

    My guess is Banks prefers to maintain right-to-shelter intact and improve funding for everlasting housing, regardless that that hasn’t labored for 45 years and counting. It’s exhausting to let go of a dream.

    The issue is math. Proper-to-shelter is necessary, so it all the time will get precedence within the metropolis finances. This has change into clear to his boss, Mayor Zohran Mamdani, who should shut a $5.4 billion finances hole by July 1.

    The 2 elements of Hurwitz’s spending plan are supportive housing and rental vouchers.

    Supportive housing comes with providers. It’s for individuals with issues past poverty. Town has lots of these of us, however has solely constructed 32,000 items of supportive housing since pioneering it within the Eighties.

    A study discovered that simply 1 in 6 certified candidates was positioned into considered one of these items in fiscal 2022 due to low provide. Issues are most likely not significantly better right now.

    Surprisingly, the “housing first” mannequin, which places individuals in housing first, then treats their addictions, psychological sickness and different points, has not been confirmed to enhance well being greater than the Trump administration’s new coverage, which is to solely subsidize housing for individuals who have conquered their addictions and behavioral issues.

    However “housing first” does save money and has been confirmed to remedy homelessness, particularly for veterans. So if we wish to get individuals off the streets, it’s important.

    This, by itself, wouldn’t practically remove homelessness within the metropolis, as a result of fewer than 1 in 10 homeless individuals is sleeping outdoors. To get the remaining out of shelter and into everlasting housing, Hurwitz requires extra rental vouchers.

    I wrote just lately that vouchers don’t improve provide, however I forgot to say that they really achieve this not directly — as a result of builders can get financing to construct housing for voucher holders. A reader jogged my memory that many buildings are going up within the Bronx based mostly on this mannequin.

    Part 8, which is federally funded, has been a dependable funding stream for such initiatives, however CityFHEPS vouchers additionally contribute. If town shifted $2 billion from the shelter finances to vouchers, extra initiatives would occur. So I’m on board with the second leg of Hurwitz’s plan.

    The satan, although, is within the particulars. Ought to town change right-to-shelter solely with right-to-housing? Who would qualify? As soon as in that housing, would individuals ever go away? Most likely not.

    We’d need to hold constructing extra so items could be accessible for everybody who will get evicted, flees an abuser or will get kicked out by his cousin. If a brand new system induced demand, which economists name an ethical hazard, earlier than lengthy it will be bigger than NYCHA.

    Higher to switch the $4 billion right-to-shelter coverage with right-to-voucher. Set a switch-over date for 3 years out so builders may line up financing based mostly on the anticipated metropolis funding. Then construct, child, construct. This might ease the housing disaster for everybody.

    Mamdani ought to punch some proposals into AI and have it sport out the outcomes.

    Learn extra

    Inside Slate’s under-the-radar homeless shelter play


    City Council Speaker Corey Johnson (Credit: Getty Images)

    Landlords cheer CoJo’s plan for homeless, but warn of problems


    Legal Aid wants thousands of homeless New Yorkers to be protected under rent regulations






    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleNew York Top Real Estate Deals: Friday, Feb. 27, 2026
    Next Article RHA merges with Compass as Rogers Healy shifts to venture capital
    Team_WorldEstateUSA
    • Website

    Related Posts

    Brandon Miller’s East Village Project Lands First Office Tenants

    June 12, 2026

    Gotham Housing Alliance Hired Zombie Actors at Demonstration

    June 12, 2026

    New York Top Real Estate Deals: Thursday, June 11., 2026

    June 12, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Homebuilder confidence ticks down amid economic uncertainty

    April 15, 20267 Views

    I have an idea to help first-time homebuyers

    March 19, 202610 Views

    Fannie Mae Just Made It Easier to Invest in ADUs—Here’s What That Means For Investors

    January 3, 20269 Views

    Noble Black mega team closes $546.03M, joins Corcoran

    June 9, 20261 Views

    Realtor.com CEO Damian Eales on portal strategy and MLS ties

    February 25, 20263 Views
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    Most Popular

    2026 Home Price Predictions: The Correction Continues?

    December 8, 20251,558 Views

    Real Estate Scion is Holdout Against Artists in Soho Drama

    November 28, 202549 Views

    Larry Ellison Buys Two Pierre Units From Shari Redstone

    November 27, 202537 Views
    Our Picks

    Kind Lending revamps leadership with new president and COO

    January 15, 2026

    Summit Sotheby’s International Realty rides high while giving back

    December 8, 2025

    The Brokers And Bosses Driving NYC Residential Real Estate 

    May 5, 2026
    Categories
    • House Flipping
    • Property Investment
    • Real Estate
    • Real Estate Analysis
    • Real Estate News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2025 Worldestateusa.com All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.