Neighborhood Entrepreneurs Program in New York City

J. Affordable Hous. & Cmty. Dev. L., Vol. 5, No. 4, pp. 325, 1995-1996

22 Pages Posted: 26 Aug 2011

Date Written: August, 25 2011

Abstract

The Neighborhood Entrepreneurs Program (NEP) was instituted in New York City in the mid-1990s to return abandoned housing to the private sector. NEP replaced the Private Ownership and Management Program (POMP), which had been ended after numerous complaints regarding high eviction rates, high rents and poor management. This article analyzes the structure of NEP in an attempt to predict whether it would be able to avoid the problems of its predecessor. The article finds that NEP incorporated some lessons learned from POMP, but those lessons may not have been sufficient to help NEP achieve its stated goals.

Keywords: housing policy, privatization, New York City, abandonment, in rem

Suggested Citation

Reiss, David J., Neighborhood Entrepreneurs Program in New York City (August, 25 2011). J. Affordable Hous. & Cmty. Dev. L., Vol. 5, No. 4, pp. 325, 1995-1996, Available at SSRN: https://ssrn.com/abstract=1916751

David J. Reiss (Contact Author)

Brooklyn Law School ( email )

250 Joralemon Street
Brooklyn, NY 11201
United States

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