HUD Official Speaks the Unspeakable: Selling The Projects

As we’ve mentioned before, rumors about the privatization of certain public housing projects in parts of rapidly gentrifying areas of Brooklyn have been circulating for a couple of years. Most recently, we wrote about the theory that the Ingersoll and Whitman Houses in Fort Greene were being emptied in anticipation of such a move; it’s also not hard to imagine something similar happening at the Farragut Houses, given their close proximity to Dumbo, the most expensive neighborhood in Brooklyn. Given what a politically and emotionally charged issue this is, however, no public official has ever said anything in its favor, as far as we know. But, on Tuesday, Sean Moss, the regional administrator for the federal Housing and Urban Development Department, went out on a serious limb. In light of the New York Housing Authority’s dismal financial position (an annual shortfall of $200 million), he said, selling public housing buildings in the most upscale areas could make sense. “It may displace some people, and that is a concern,” Moss said. “That is not necessarily a bad thing if you can create more housing [elsewhere] with that.” We’ll see whether political pressures force him to backpedal in the coming days.
Feds Eye NY Building Sale at Housing Projects [NY Daily News]
Bye Bye Public Housing, Hello Luxe Condos? [Curbed]
What’s Really Going on at the Ingersoll Houses? [Brownstoner]
Feb 06, 2012 | 12:32 PM