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Years of neglect, mismanagement and drastic funding cuts have forced the beleaguered New York City Housing Authority to entertain bold solutions to alleviate the dismal conditions of its mold-ridden and pest-infested apartments.

Demolishing and rebuilding from scratch are now among them.

The city is considering a proposal to tear down two buildings in a public housing complex in the Chelsea neighborhood of Manhattan and build three mixed-income private developments, according to several officials briefed on the tentative plan. The plan would raise money for urgently needed repairs.

Under the proposal, residents in the two buildings would be relocated to new affordable apartments with private landlords within the Fulton Houses, an 11-building complex a few blocks south of Hudson Yards that abuts the High Line, several luxury hotels and prominent art galleries.

In its eight-decade history, the housing authority, known as Nycha, has shied away from tearing down its aging buildings, with the exception of a high-rise complex in Brooklyn and some low-rise buildings in Staten Island.