To expose the pervasiveness of empty or stalled luxury condos and to convince the city to convert these unused spaces into homes for low-income New Yorkers, a coalition of community groups have been canvassing six neighborhoods since August.
More than 600 vacant or stalled units litter these areas, according to preliminary data the Right to the City-NYC is releasing today.
The city isn’t “well-equipped” to keep track of what’s happening, said David Dodge of the Right to the City. City data counts four stalled construction projects in Bushwick, but they found nearly 50.
“Just like so many homeowners, developers also overextended themselves,” said Alyssa Katz, author of “Our Lot: How Real Estate Came to Own Us.” “This is going to be a real issue for New York to reckon with.”