Megacontracts boost domestic violence nonprofit’s real estate portfolio

The Urban Resource Institute, which says it is the country’s largest provider of shelter services for domestic violence survivors and their families, has contracted with the city since the organization’s inception in 1980.But two recent policy changes have transformed the group into a growing real estate powerhouse: A 2017 shift made it easier for nonprofits to secure longer contracts, making them more attractive mortgage candidates. Another is a multimillion-dollar loan fund created by Mayor Eric Adams last year to help nonprofits build and own shelters instead of renting space.URI was the first organization to benefit from the fund; it received almost $3.8 million from the Department of Homeless Services to build an 84-unit shelter in the Bronx during the summer.It’s also one of the major players to take its longer contracts to the bank. In the year immediately following the change enabling 30-year contracts, URI’s real estate profile ballooned by 357%. In 2022 URI valued its holdings of land and buildings at $20 million and has an additional $213 million in leases, according to tax documents. And in March URI purchased a $64 million stake in a Bronx development site where it will build a 6-story homeless shelter.Today URI is deeply ensconced in the city’s work, operating 25 temporary housing sites with 1,339 total units across four boroughs. It owns 11 of them, which host 600 units. The organization provides shelter to around 3,500 people on any given night and also... Continue reading at 'Crains New York'

[ Crains New York | 2024-09-16 10:03:16 UTC ]
News tagged with: #problem areas #big problem #steadily climbed #trended downward #latest data #abusive relationship #children residing #federal entities #lauren schuster #vice president #uniquely suited #news outlet #potential conflict #public funds #procurement process #schuster

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Apple’s 'Tetris' movie trades real-life drama for spy fantasies

No, the origins of Tetris didn't involve a high-speed car chase, but the true story behind the game still reads like a spy novel. There's corporate intrigue, nefarious government agencies and an envious amount of globe-trotting. But the reality wasn't enough for the creative minds behind Apple's... Continue reading at Engadget

[ Engadget | 2023-03-30 12:30:20 UTC ]
More news stories like this | News stories tagged with: #important role #soviet union #graphic novel


The Best Science Fiction is Real: Realistic Sci-Fi to TBR

Red your way into the best realistic science fiction, ranging from well-known classics to lesser known gems. Continue reading at Book Riot

[ Book Riot | 2023-03-24 10:35:00 UTC ]
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Coalition Wants S&S to Not Distribute 'The Real AIDS Epidemic'

More than 30 organizations and 70 public health advocates sent a letter to Simon & Schuster CEO Jonathan Karp demanding that the publisher drop its plans to distribute 'The Real AIDS Epidemic' by Rebecca V. Culshaw. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-03-21 04:00:00 UTC ]
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How sci-fi writer Annalee Newitz turned to real-life scientists to build a (better) future

Novelist and science journalist Annalee Newitz brings 'The Terraformers' to the L.A. Times Book Club March 28. Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-03-09 22:20:34 UTC ]
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How a real-life stolen violin inspired Brendan Slocumb's bestselling mystery

Bestselling author Brendan Slocumb joins the L.A. Times Book Club on Feb. 23 to discuss his debut, "The Violin Conspiracy." Continue reading at Los Angeles Times

[ Los Angeles Times | 2023-02-15 15:00:54 UTC ]
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Workman Sales Boosted 2022 Hachette Book Group Results

With a full year of sales from its purchase of Workman Publishing in its pockets, Hachette Book Group saw revenue rise over 2021, but higher costs dropped profits. Results at HBG parent, Lagardère Publishing, followed a similar pattern. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-02-15 05:00:00 UTC ]
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Why Denise Crittendon Won’t Write About Violence

Denise Crittendon’s debut science fiction novel, Where It Rains In Color, leads us to the planet of Swazembi, a blazing, color-rich utopia and famous vacation center of the galaxy. Set far in the future, this idyllic, peace-loving world sees no real trouble. But Lileala’s perfect, pampered... Continue reading at Literrary Hub

[ Literrary Hub | 2023-02-03 09:51:26 UTC ]
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James Baldwin Estate Administrator Eileen Ahearn Dies at 75

A former assistant to Toni Morrison, Ahearn was the steward of Baldwin’s archives and managed the film rights to his books. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-01-23 05:00:00 UTC ]
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It turns out that people don’t want a coloring book based on a novel about domestic abuse.

There’s no denying that Colleen Hoover has had an incredible year. Still, despite the relentless appetite for her novels, it seems that the people do not, in fact, want a coloring book based on her number-one bestselling book It Ends With Us, which centers on an abusive relationship faced by... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-12 17:27:54 UTC ]
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Nothing is Real: Craig Brown on the Slippery Art of Biography

This talk was delivered at the 2019 Edinburgh International Book Festival. One of the longest biographies of recent years, the ill-fated Philip Roth by Blake Bailey, runs to 800 pages. It takes a total of 31 hours and 46 minutes to listen to on audiobook. Roth was 85 when he died, so his real... Continue reading at Literrary Hub

[ Literrary Hub | 2023-01-08 15:07:39 UTC ]
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Why Celeste Ng calls her new novel, 'Our Missing Hearts,' 'scarily real'

"Little Fires Everywhere" author Celeste Ng joins the L.A. Times Book Club Dec. 8 to discuss her latest bestseller, "Our Missing Hearts." Continue reading at Los Angeles Times

[ Los Angeles Times | 2022-11-29 15:00:25 UTC ]
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Test Your Comics Knowledge: Real Captain or Fake Captain?

There are a lot of "captains" in comics, but did any of these comic book captains actually earn the rank? Let’s put them to the test! Continue reading at Book Riot

[ Book Riot | 2022-11-21 11:32:00 UTC ]
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Would you let a real-life vendor stalk you like an Instagram ad?

And other questions asked in ‘Algorithmic Reality,’ a new graphic novel by WeTransfer’s cofounder, Damian Bradfield. You’re in a shoe store, trying on a pair of Nikes. The vendor is going on about how great the shoes are, but you’re not convinced, so you walk out empty handed. Sometime later,... Continue reading at Fast Company

[ Fast Company | 2022-11-15 05:00:00 UTC ]
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Podcast ads universally boost brand metrics—and longer ads work better, Nielsen finds

Consolidated report of over 600 individual Nielsen studies is "largest ever" study of podcast ads. Continue reading at Advertising Age

[ Advertising Age | 2022-10-26 15:52:35 UTC ]
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The Eerie Experience of Watching My Science Fiction Story Become Real

On May 13, I finally got to read my wayward science fiction story “It Is the Voice That Unnerves Me” in The Dread Machine. I had been submitting the story since the spring of 2019, and had thought many times about consigning it to the “retired” list. I knew every word, sentence and section break... Continue reading at Electric Literature

[ Electric Literature | 2022-10-20 11:05:00 UTC ]
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Wattpad gave authors a boost. TikTok launches them to new heights.

On Wattpad, authors retain a lot of the control, but on TikTok, it’s hard to know when and how a story will go viral. Continue reading at The Washington Post

[ The Washington Post | 2022-09-03 13:00:59 UTC ]
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Let’s turn the Farmer’s Almanac into something real — and useful

The perennial bestseller is now disconnected from its reason for being. It wants to evoke our affection for nature but shows little interest in human nature or science. Continue reading at The Washington Post

[ The Washington Post | 2022-08-24 11:00:49 UTC ]
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Asaf Hanuka Goes Beyond Real

'The Realist: Last Day on Earth' and 'I’m Still Alive' Showcase the Cutting Edge of Nonfiction Comics Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-07-30 04:00:00 UTC ]
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Booker Prize Looks to Boost Social Media With a Book Club Contest

The 'Booker Prize Book Club Challenge' will be won by a book club that produces the most impressive social media for the shortlist. The post Booker Prize Looks to Boost Social Media With a Book Club Contest appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives

[ Publishing Perspectives | 2022-07-13 23:04:06 UTC ]
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Children's Institute 10: Charlie Jane Anders Says ‘Magical Portals Exist, and Adults Aren’t Real’

The science fiction author drew a standing ovation from the Ci10 audience as she discussed her childhood and start as a writer. Continue reading at Publishers Weekly

[ Publishers Weekly | 2022-06-23 04:00:00 UTC ]
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