NYC's Fight Against Predatory Home Flipping

Epicenter NYC

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6M ago 15:45

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Neighborhoods like Cypress Hills and East New York are currently witnessing an alarming trend where house flippers aggressively target homes. They often prey on the vulnerabilities of low-income, Black, and Brown homeowners.

Luckily, community groups like the Coalition for Community Advancement are fighting back with initiatives such as the proposed "flip tax" bill. In this episode we sit down with Maliha Jahangiri, who joined the Coalition for Community Advancement last spring, to discuss the implications of this toxic practice on the fabric of communities and what’s being done to combat the issue.

Read our full story:

https://epicenter-nyc.com/how-nyc-communities-can-fight-home-flipping/

Stay up to date with the Coalition for Community Advancement:

https://www.facebook.com/CoalitionforCommunityAdvancement

Learn more about the “End Toxic Home Flipping Act”: https://www.nysenate.gov/legislation/bills/2023/S1569/amendment/A

how to protect yourself from deed fraud: https://www.nyc.gov/site/finance/property/deed-fraud.page

Check out this arm of Cypress Hills LDC, which can help homeowners protect themselves from speculators: https://cypresshills.wixsite.com/homeownerhelpdesk/homeowner-resources

See omnystudio.com/listener for privacy information.

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