This story is about the tiny minority of tenants who oppose the city’s plan to replace their crumbling old buildings with new ones—with zero tenant displacement!—because they want the city to spend money it does not have and will not get to renovate the old buildings instead.
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The New York City Housing Authority has a seventy eight billion dollar maintenance backlog. Nobody quoted in opposition to the redevelopment plan has a credible plan to finance those repairs while keeping the existing buildings in place.
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