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Council Questions HA Deal With Developers On Section 8 Housing

By DAN ROSENBLUM
Posted 2/13/15

Lawmakers last week questioned the process leading to a public-private partnership between the Housing Authority and developers who bought a 50-percent stake of its Section 8 units. Though the agency said the agreement is already proceeding, Teamsters Local 237, which represents more than 8,000 HA employees, is considering a lawsuit or a collective-bargaining challenge over the relocation of HA workers, according to its president, Gregory Floyd.

While the agency is known for its 334 public-housing developments, it also handles 875 subsidized Section 8 units in six projects in The Bronx, Manhattan and Brooklyn. In the recent $465-million deal, Triborough Partners, a company formed by the HA and two developers—L&M Development Partners and Preservation Development Partners—owns the units. Officials said that $80 million will be spent on capital repairs that include renovating apartments, repairing roofs and facades, and installing new kitchens and bathrooms.

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