The state’s housing chief rejected Clipper Equities’ second attempt to buy Starrett City in Brooklyn.
The Housing Commissioner Deborah Van Amerongen says her office rejected the developer’s proposal Saturday, saying it does not protect the residents.
The original $1.3 billion plan to purchase Starrett City came under fire from advocates concerned over losing affordable housing in the neighborhood.
The commissioner says her agency believes Clipper wants to obtain market rates for almost 6,000 apartments, meaning rents would also go up for the subsidized housing.
Last month, federal officials rejected the deal over fears the new owners would not be able to keep the complex affordable.
