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Apartment Investment and Management Company, commonly referred to as Aimco, is an American publicly traded real estate investment trust. As of December 31, 2023, the company owned 26 apartment communities comprising 5,940 apartment units in the United States.
It was signed into law in 1955 as the Limited-Profit Housing Companies Law. [2] [3] It was later recodified as article II of the 1961 Private Housing Finance Law.[7] [8] Article II Limited-Profit Housing Companies refer to not-for-profit corporations, whereas article IV Limited Dividend Housing Companies refer to non-Mitchell–Lama affordable housing organized since 1927 as business ...
In 1972, Stephen M. Ross founded Related Companies with a $10,000 loan from his mother and a business plan focused on affordable housing. [6] [7] Related originally began as the Related Housing Companies, which built thousands of subsidized low and moderate income apartments nationwide.
In January 2025, the median rent for a Manhattan apartment was $4,530 per month, according to a rental market report by The Corcoran Group. The report also noted that the average rent for a two ...
HPD is currently in the midst of New York City Mayor Bill de Blasio's Housing New York initiative to create and preserve 300,000 units of affordable housing by 2026. By the end of 2021, the City of New York financed more than 200,000 affordable homes since 2014, breaking the all-time record previously set by former Mayor Ed Koch. [3]
The New York City Housing Authority (NYCHA) is a public development corporation which provides public housing in New York City, and is the largest public housing authority in North America. Created in 1934 as the first agency of its kind in the United States, it aims to provide decent, affordable housing for low- and moderate-income New Yorkers ...
The company manages more than 800,000 rental units across the United States, including apartments, student housing, and senior communities, according to the lawsuit.
Langston Hughes Apartments: Brownsville: 3 22 508 June 30, 1968: Lenox Road-Rockaway Parkway: Brownsville: 3 4 74 May 31, 1985: Linden Houses: East New York: 19 8 and 14 1,586 June 30, 1958: Long Island Baptist Houses: East New York: 4 6 233 June 30, 1981: Louis Heaton Pink Houses: East New York: 22 8 1,500 September 30, 1959: Marcus Garvey ...
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