Advocates rally to urge mayor to help keep housing in the Bronx affordable
Protesters recently took to the steps of City Hall in an effort to push the mayor into signing a piece of legislation that could keep rents at thousands of apartments affordable.
Advocates are urging Mayor Bloomberg to sign the Tenant Empowerment Act, which was passed by the City Council last month. Under the bill, building owners who want to opt out of the Mitchell Lama program could do so if they offer to sell the building to tenants or to a tenant endorsed non-profit housing developer.
More than 14,000 affordable apartments in the Bronx are at risk of being phased out of the program. The mayor has until Friday to veto the bill. If he does, advocates have only one chance to persuade the City Council to override the veto.