The denizens of the luxury apartments near Central Park oppose the "expense" of a new homeless shelter.
A neighborhood group is suing the city of New York over its plan to convert Manhattan's old Park Savoy Hotel into a homeless shelter for single men.
The group, called the West 58th St. Coalition, claims the shelter will threaten public health and safety. Recent data from NYPD shows that homeless people tend to be the victims, not the perpetrators, of crime in the city.
The hotel is about a block from Central Park, and neighbors a building where condos sell for up to $44 million.
FULL STORY: Billionaires Row group sues city over homeless shelter plan
Homeless Shelters and Property Values
In Manhattan, homeless shelters are shown to have a negative effect on property values.
New York's Homeless 'Cluster Sites' to Become Affordable Housing
Conceived as a stop-gap measure, New York City's cluster site program essentially pays landlords to house homeless people. Now, Mayor de Blasio wants to convert some of those sites directly into affordable units.
Billionaire Row's Newest Residents: Lawsuits and Foreclosures
The world's skinniest skyscraper, under construction on Manhattan "Billionaire's Row," is over budget with 60 stories left to build.
Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
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Analysis: Cybertruck Fatality Rate Far Exceeds That of Ford Pinto
The Tesla Cybertruck was recalled seven times last year.
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Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service