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Re: sale of HPD building to tenants

Posted by JJ on December 29, 1999 at 23:37:01:

In Reply to: sale of HPD building to tenants without further notice or little time to prepare. posted by Lourdes Rivera on December 29, 1999 at 13:39:39:

: I live in a city owned building, HPD put under our doors a notice of sale giving first options to the tenants to buy. We asked why weren't we offered a program in which our apartments were brought up to code and why not give us the oportunity to learn how to manage instead of buying .the majority of tenants are of low income and hispanics, I feel that it is unfair to sell our building as is , we have no means nor the experience in how to go about the purchasing of such.
: Is there any way that we can get help from other community groups our building is located on the upper west side of Manhattan.

Is that offer for each tenant to buy the apartment they live in? as in a coop? HPD did a lot of those about 10-15 years ago, my friend David lives in one north of Columbia. In general: you can go to HPD on the agency list on the NYC site http://www.ci.nyc.ny.us/ , see if there is more info on the particular program (or use their 'search' for the program). They do sell buildings 'as is'. But they also have programs (for any bldg, not just previously owned by them) to help manage small bldgs. They and others also coordinate with banks to provide mortgages with lower than normal down payments.

On http://tenant.net/ there is a section on organizing with very helpful suggestions. Try to get a meeting together this weekend to discuss basic options, then send two people to the West Side Tenants Union on Tues night, bring all your papers and all data you collect: there is usually a tenant-lawyer and a tenant-advocate available free. This is the only place located on the Upper West Side, but you can call other groups like Met Council (there's an incomplete list on tenant.net).

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