Your guide to NYC's public proceedings.
AGENCY TESTIMONY
Housing preservation efforts and displacement prevention
0:15:05
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47 sec
Ahmed Tigani emphasizes the critical importance of preserving existing housing stock in New York City, particularly in the current economic climate. He outlines HPD's approach to preservation and its role in preventing displacement.
- Preservation is essential in a city with over 3.7 million existing apartments
- HPD is promoting tools like J-51 to help property owners address building needs
- The agency aligns enforcement, support, and subsidy to protect residents' ability to stay in their neighborhoods
Ahmed Tigani
0:15:05
In a city where more than 3,700,000 apartments are already built, including nearly a million rent stabilized apartments, Preservation is essential.
0:15:14
And in this economic climate, it's urgent.
0:15:18
Preservation isn't just about saving buildings, it's about preventing displacement.
0:15:22
Just recently this March, we sent out information on j 51 to property owners so that they know it's an available tool for addressing building needs.
0:15:32
When we align enforcement, support, and subsidy, we protect people's ability to stay in the neighborhoods they call home.
0:15:39
But we don't stop when financing is done or even when the keys are handed over because at HPD we believe every New Yorker, no matter their zip code, income, or background, deserves a home that is safe, legal, and livable.