A complex managed as public housing on the Lower East Side is on its way to being transferred to private management, which has neighbors fearful of rent increases or even evictions.
A few weeks ago, residents of Seward Park Extension, which includes two buildings, received an envelope in their mail that was hard to ignore. All 360 units received a letter from the New York City Housing Authority informing them that their buildings would be converted to a program that uses private companies and funds to manage the housing development and its repairs.