East Harlem/El Barrio Community Land Trust

Community land trust

Appears in 1 story · Last updated Nov 10, 2026

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Emerald rent-stabilized buildings go to auction after city intervention fails

Money Moves

Potential buyer backed by tenants

The 38 Emerald Equity Group buildings in Northern Manhattan went to auction on Nov. 10. The portfolio includes about 850 rent-stabilized apartments. City officials tried to steer the sale to an affordable-housing developer, but the attempt failed, Gothamist reported.

Updated 1 hour ago