Costs Threaten New York City Mayor’s Rent Plan

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…

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…

The Associated Press on June 23, 2014 – 9:25 PM NEW YORK (AP) — New York City tenants in nearly a million regulated apartments will be digging deeper into their pockets. The Rent Guidelines Board on Monday voted 5-4 to raise rents on stabilized apartments by 1 percent on one-year leases and 2.75 percent on…

JULY 7, 2014 As housing costs across New York City skyrocket, rent stabilization is often one of the only protections keeping low-income, working-class and middle-class folks in their neighborhoods for the long-term. Yet, on June 23rd, New York City’s Rent Guidelines Board voted for a rent increase for the city’s 2.5 million rent-stabilized tenants. Ignoring…