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Mayor Zohran Mamdani held a June 10, 2026 ribbon-cutting in Harlem for ANCP Morningside, unveiling 36 renovated affordable cooperative homes and reiterating the administration’s block-by-block housing plan to convert city-owned Affordable Neighborhood Cooperative Program (ANCP) buildings into permanently affordable co-ops. Source: https://youtu.be/CT8rjmS3Srg&t=10
# What’s happening
– The city completed 36 renovated affordable co-op homes at ANCP Morningside. Source: https://youtu.be/CT8rjmS3Srg&t=10
– Mayor Zohran Mamdani announced continued conversion of about 44 city-owned ANCP buildings. Source: https://youtu.be/CT8rjmS3Srg&t=1213
– The administration promoted its block-by-block housing plan backed by $22 billion over five years. Source: https://youtu.be/CT8rjmS3Srg&t=94
# Why it matters
– Current renters in those buildings and nearby residents may gain long-term affordable ownership options. Source: https://youtu.be/CT8rjmS3Srg&t=10
– Converting city-owned distressed buildings preserves housing and offers lower-priced home-buying opportunities. Source: https://youtu.be/CT8rjmS3Srg&t=255
# Key details
– Date: Ribbon-cutting held June 10, 2026 at ANCP Morningside in Harlem. Source: https://youtu.be/CT8rjmS3Srg&t=10
– Units: 36 renovated affordable cooperative homes announced at the ceremony. Source: https://youtu.be/CT8rjmS3Srg&t=10
– Sale prices: Homes listed on Housing Connect between $220,000 and $288,000. Source: https://youtu.be/CT8rjmS3Srg&t=255
– City-owned count: Administration described approximately 44 former tenant interim-lease buildings in city ownership eligible for ANCP conversion. Source: https://youtu.be/CT8rjmS3Srg&t=1213
– City housing plan: Administration cited a $22 billion investment to build and preserve 400,000 homes over five years. Source: https://youtu.be/CT8rjmS3Srg&t=94
– Prior HPD reporting (external coverage) said 25 ANCP projects were financed, with 57 buildings funded; other briefings noted roughly 69 remaining ANCP buildings with 23 in pre-development. (External to the June 10 event.) Source: https://youtu.be/Ub8QVzZuiS0&t=5814
Mayor Zohran Mamdani
– Role or jurisdiction: Mayor of New York City.
– Action taken or responsibility: Led June 10, 2026 ANCP Morningside ribbon-cutting and promoted block-by-block housing plan.
– Relevant numbers or dates: Announced roughly 44 city-owned ANCP buildings; cited $22 billion investment over five years. Source: https://youtu.be/CT8rjmS3Srg&t=10
Department of Housing Preservation and Development (HPD)
– Role or jurisdiction: City agency that runs housing preservation and affordable housing programs.
– Action taken or responsibility: Oversees ANCP conversions and financing terms; works with developers and nonprofits.
– Relevant numbers or dates: Earlier briefings stated HPD financed 25 ANCP projects covering 57 buildings and has multiple buildings in pre-development. (External to June 10 event.) Source: https://youtu.be/Ub8QVzZuiS0&t=5814
Article
The mayor opened the completed ANCP Morningside project and emphasized conversions of city-owned buildings into affordable cooperatives. Source: https://youtu.be/CT8rjmS3Srg&t=10
The Morningside project includes 36 renovated homes offered for sale through Housing Connect at prices between $220,000 and $288,000. Source: https://youtu.be/CT8rjmS3Srg&t=255
At the June 10 event the mayor said the city has “approximately 44” former tenant interim-lease buildings in city ownership that will continue to be converted through ANCP and related programs. Source: https://youtu.be/CT8rjmS3Srg&t=1213
The mayor also restated the administration’s block-by-block housing plan and cited a $22 billion investment to build and preserve 400,000 homes over five years. Source: https://youtu.be/CT8rjmS3Srg&t=94
The press conference did not list which of the roughly 44 city-owned ANCP buildings already have firm timelines or dedicated funding to close next. The mayor said the city will keep working on conversions but did not provide a named list of the next sites after Morningside. Source: https://youtu.be/CT8rjmS3Srg&t=1213
External briefing materials and earlier HPD statements provide additional background but are not part of the June 10 announcement. In earlier HPD briefings, agency staff said they had financed 25 ANCP projects covering 57 buildings, and reported dozens of remaining buildings in various stages of pre-development; those earlier counts and timelines vary across briefings. This information comes from prior public hearings and agency briefings. (External to the June 10 event.) Source: https://youtu.be/Ub8QVzZuiS0&t=5814
The mayor and partners named specific Morningside addresses during the event, including 321 West 116th Street and 357 West 115th Street, which were cited as examples of preserved and renovated buildings. Source: https://youtu.be/CT8rjmS3Srg&t=175 | https://youtu.be/CT8rjmS3Srg&t=498
HPD described ANCP as a conversion pathway that works with partners such as Habitat for Humanity and private developers to renovate and transfer city-owned buildings to resident-owned cooperatives. The June 10 ceremony included Habitat for Humanity and Genesis Companies as local partners. Source: https://youtu.be/CT8rjmS3Srg&t=175 | https://youtu.be/CT8rjmS3Srg&t=679
What the record shows about timelines and next buildings
– The June 10 announcement did not name the next ANCP buildings that will close after Morningside. Source: https://youtu.be/CT8rjmS3Srg&t=1213
– Earlier HPD briefings (external to this event) reported a mix of financed ANCP projects and remaining buildings at pre-development, but those briefings did not provide a single, publicly released list of which city-owned ANCP buildings have firm funding and near-term closing dates. (External to the June 10 event.) Source: https://youtu.be/Ub8QVzZuiS0&t=5814
If you need a follow-up, I can:
– Pull the specific timestamps where HPD discusses counts and pre-development status from prior hearings. Source: https://youtu.be/Ub8QVzZuiS0&t=5814
– Extract a list of addresses mentioned on June 10 for local reporting and mapping. Source: https://youtu.be/CT8rjmS3Srg&t=10
Acknowledgments: Coverage is based only on the June 10, 2026 Mayor’s Office press conference and cited prior public hearings and briefings noted above. Source: https://youtu.be/CT8rjmS3Srg | https://youtu.be/Ub8QVzZuiS0&t=5814 | https://youtu.be/aPrlRrwWsaU&t=10844
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