hirings and firings
“I think having visited so many cities around the country, folks need help to get themselves repositioned for this global economy for the growth that is occurring,” Adolfo Carrion told The Observer a few months ago. Mr. Carrion was preparing to leave HUD, where he had landed after helping put together the White House Office of Urban Affairs, which followed his stint as Bronx Borough President.
Mr. Carrion said that he would be striking out on his own, forming a consultancy called MetroFutures to further his own urban agenda, and today he took his first big step.
This Old House
Following last week’s dismal reports on the U.S. housing market’s July performance, the Obama administration indicated over the weekend it’s ready to pour additional money into the hole of debt and unemployment where many homeowners currently find themselves. In the offing: emergency loans for the jobless and government assistance in home refinancing. Read More
Shaun Donovan looked very much at ease during his Jan. 13 confirmation hearing in the Dirksen Senate Office Building. The 42-year-old leaned forward onto a green-clothed table in front of the Senate Banking Committee, eloquent and gracious in his answers, sharp and timely in his policy points, an apparent shoo-in to be secretary of Housing Read More
The Observer sat down with Shaun Donovan, President-elect Obama’s nominee to be secretary of Housing and Urban Development, in August 2007 to discuss Mr. Donovan’s affordable-housing goals as the city’s commissioner of Housing Preservation and Development. The interview also touched on tax incentives for developers and on the Bloomberg administration’s 25-year growth plan. Read More
President-elect Obama has selected Shaun Donovan, the 42-year-old who leads the city’s housing agency, as his Secretary for the Department of Housing and Urban Development, a powerful position that traditionally has gone to the politically connected.
The appointment was announced in Mr. Obama’s weekly radio address this morning (video here).
Mr. Donovan, Read More
Friday morning’s New York Times seemed to suggest that David Bistricer’s (and Bruce Teitelbaum’s) second bid for Starrett City might have a chance. Indeed, it was all about how Mr. Bistricer was enlisting the help of ministers to take his case to the federal Department of Housing and Urban Development, which holds Read More
Last week, no less than one Cabinet secretary, two Congressmen and two Senators vociferously and publicly chastized the $1.3 billion buy of Starrett City in eastern Brooklyn. Clipper Equity won the bidding in early February, prompting many to ask: How could the landlords ever turn a profit by keeping the apartment complex affordable?
Sen. Read More
Did those poor (rich) guys at Clipper Equity know what they were getting themselves into? Even George W. Bush is piling on. The press office for U.S. Secretary of Housing and Urban Development Alphonso Jackson is e-mailing the following statement on Starrett City:
“This transaction has the potential to threaten New York City’s Read More
Sen. Chuck Schumer has joined a suddenly growing chorus of critics who think Starrett City’s days as a bastion of affordable housing are decidedly numbered. The senior New York Senator said on Monday that new owner Clipper Equity, which offered $1.3 billion last week for the Brooklyn complex, will have to evict thousands Read More