For media inquiries please contact: media@durst.org 212.257.6600.

$4M landlord-nonprofit partnership to fund struggling tenants

A $4 million fund set up by more than 40 of the city's top landlords would direct money through nonprofits to help tenants who are struggling to pay rent during the pandemic.

Publication Crain's New York
Date 2020-05-15
Author Gwen Everett

Owners launch fund to keep New Yorkers in their homes

Some of the city’s largest property owners have created a new fund to help keep vulnerable New Yorkers impacted by the Covid-19 crisis in their homes. Called Project Parachute, the fund has been launched with $4 million in contributions from companies including LeFrak, Durst, Resnick and Rose.

Publication Real Estate Weekly
Date 2020-05-15
Author REW

Big City Real Estate Groups Commit Funding, Assistance To Struggling Tenants

A group of real estate developers and property owners have invested $4 million in a fund to assist those on the verge of homelessness, in advance of an anticipated surge in housing court cases when the state’s eviction moratorium ends this August.

Publication Politico
Date 2020-05-15
Author Janaki Chadha
Publication Daily News
Date 2020-04-10
Author Larry McShane

FRIDAY FUN: Guess whose home office this is…

New York’s real estate folk are a resilient lot. Whether they’re stranded in a high-rise or a log cabin during the corona virus, they’re all still looking to close that deal and hustle that commission.

Publication Real Estate Weekly
Date 2020-04-06
Author Linda O'Flanagan
Video