In the Black and Hispanic community of Harlem in the City of New York, landlords of the Jewish faith, own more than 80% of the privately-own, multi-family housing (as it is the case in most Black and Hispanic communities in New York City) and have been at the forefront of the greed that has propelled Black and Hispanic tenant displacement for the last 25 years.
Black and Hispanic landlords owned less than 5% of the privately-own, multi-family housing in Harlem (as it is the case in most Black and Hispanic communities in New York City).
In 2018, Former New York State Assembly Speaker Sheldon Silver (D) was sentenced to seven years in prison for public corruption for a number of criminal offenses, including pocketing millions in fees from a real estate developer (for decades Sheldon Silver, a 74-year-old Democrat did his best as the most powerful legislative leader in New York to weaken laws that protected tenants from "Greedy Landlords".).
The Fund works with Black and Hispanic socially responsible real estate investors that are committed to helping to build a New York City that welcomes new people from all racial, income and religious backgrounds, while at the same time protects ALL low income and middle income families from housing displacements.
Make the Road New York: Maria has been a victim of landlord harassment and discrimination since 2008 all in attempts to drive her family out of her Brooklyn apartment. Maria organized with her community and became a leader in Make the Road New York's tenant committee BASTA. She has succeeded in remaining home through legal help provided by MRNY; however, Maria’s neighbors have all left. This is the same story across Brooklyn and other diverse neighborhoods. We must stand with New York tenants & eliminate the 'eviction bonus.'
This is not an offer to sell or a solicitation of any offer to buy any securities. Offers are made only by prospectus or other offering materials. To obtain further information, you must complete our investor questionnaire and meet the suitability standards required by law.