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New York City is home to two of the largest public housing providers in the nation: the New York City Housing Authority (NYCHA) and, lesser known but nearly as impressive in scope, the New York City Department of Housing Preservation and Development (HPD) housing program. 1 HPD's in rem-or City owned-program oversees 3,200 occupied and 1,500 vacant buildings that have been abandoned by their original owners, totalling over 11,000 units. 2 Since 1978, the City has taken ownership of buildings where the private sector had been unable to provide decent, affordable housing for low-and moderate-income tenants. 3 The City has managed this dilapidated housing stock and created programs to dispose of it to the private for-profit and non-profit sectors. Programs designed to return the housing to for-profit landlords, in particular, have been controversial because of their reliance upon the very sector that …