Costs Threaten New York City Mayor’s Rent Plan

Deadline looms for Urban American and City Investment Fund to recapitalize or break up package March 05, 2014 04:58PM By Adam Pincus An affiliate of the property giant Brookfield Properties is the leading bidder to buy a large stake as part of a refinancing of a $1 billion apartment portfolio in Upper Manhattan and Roosevelt…

Thursday, August 21, 2014 By Janet Babin : Economic Development Reporter, WNYC News Mayor Bill de Blasio set an ambitious affordable housing agenda, promising the city he would build or preserve 200,000 units of affordable housing over the next decade. The administration has made clear that a majority of those units will come from preserving…

Agency Rent-Regulation System Is More Tenant Friendly, Many Say By JOSH BARBANEL The state agency that oversees New York’s rent-regulation system in New York has changed the game, by making the rules more friendly to tenants, both landlords and tenant leaders say. Katie Goldstein, director of organizing for New York State Tenants & Neighbors …MORE…

They are the dama gazelles of the New York City rental market. From a high of more than 2 million in the 1950’s, there are now only 27,000 “rent-controlled” apartments in the city – down from 38,000 just three years ago. Rent-controlled tenants live in buildings built before 1947 and have lived there continuously since…

Regulators Approve Small Increases for N.Y. Rent-Regulated Tenants By JOSH BARBANEL The city Rent Guidelines Board narrowly approved small rent increases for rent-regulated apartments Monday night despite Mayor Bill de Blasio’s urging earlier in the …MORE Hosted by Australia for the first time, the tournament will run from 9 to 31 JanuaryThe airport looks good,…