
1520 Sedgwick Avenue, The Bronx, NYC
Zohran Mamdani was elected mayor of New York on a slew of socialist promises marketed under the banner of affordability.On his first day in office, he signed three executive orders to address the housing crisis. The first revives the Mayor's Office to Protect Tenants, led by tenant advocate
Cea Weaver, to coordinate agencies and
crack down on abusive landlords. Another creates the LIFT task force
to fast-track city-owned sites for housing, while the SPEED task force
will cut red tape that delays construction. Days later, he picked 1520 Sedgwick Avenue in the Bronx's Morris Heights to introduce Dina Levy as the new Housing Preservation and Development (HPD) commissioner.
Back in 2011, Levy, who will now earn a $277,605 annual salary as Mamdani's HPD commissioner, helped flip the 102-unit building from private ownership to the nonprofit Workforce Housing Advisors. Her group, Urban Homesteading Assistance Board, teamed with HPD on a $5.6 million city loan.
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