Costs Threaten New York City Mayor’s Rent Plan
De Blasio Wants to Give Rent-Regulated Tenants a Holiday From Rent Increases This Year
By JOSH BARBANEL
Mayor Bill de Blasio’s push to give rent-regulated tenants a holiday from rent increases …MORE
By JOSH BARBANEL
Mayor Bill de Blasio’s push to give rent-regulated tenants a holiday from rent increases …MORE
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New York 10/01/2014 by Linda Perry Barr (WBAI) “Albany, Give rent regulations back to NYC.” That’s the message from Elected Officials and Tenant Advocates at an affordable housing rally at City Hall on Tuesday. They want the 1971 Urstadt Law, which gave control of the City’s rent regulations to Albany, repealed and control returned to…
The mayor faces serious challenges to his agenda on affordable housing, rezoning and neighborhood development October 01, 2014 By Adam Pincus Nobody ever said the job would be easy. But as Mayor Bill de Blasio moves deeper into his tenure, the challenges he’s facing on the real estate front are coming into greater focus. Despite…
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…
Did you know that 80 percent of poor renters in rent-regulated apartments pay rent that is more than 50 percent of their income, up from 64 percent in 2005?* Statistics like these illustrate the pressing need to address the issues surrounding affordable housing and renters’ rights. In the August 3 episode of “Represent NYC,” State…
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…
July 28, 2014 Rents have become increasingly unaffordable in New York City. NYC has been in a housing crisis for decades. A housing crisis, defined as under 5 percent vacancy rate, in NYC triggers an elaborate system of rent regulation. Rent regulation is not a subsidy program, but a system in which rents are regulated…