New York legislators are taking aim at the insurance crisis battering affordable housing landlords.  A trio of bills unveiled this week would create a $50 million fund and ramp up oversight of insurers after years of spiraling premiums that advocates say threaten the city’s low-income housing stock, Bisnow reported. Assembly member Emérita Torres, who represents the South Bronx, introduced the measures after a study by the National Equity Fund and Enterprise Community Partners found that insurance costs for affordable buildings have more than doubled since 2017, from $712 to $1,495 per unit. The study also found that more than half […]

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