Feed

rent stabilization

Rent Check

A Very Big Deal: Cuomo Comes Out for Strengthening Rent Regs

In a move sure to give landlords and brokers serious agita, Governor Cuomo has come out in favor of strengthening existing rent regulations for New York City's approximately 1 million stabilized apartments. David Freedlander over at PolitickerNY has all the initial details:

Leaning on his time as HUD secretary during the Clinton administration, Cuomo called affordable housing "the building Read More

Marvin Markus Resigns as Rent Guidelines Board Chair

Now vacant in the Bloomberg administration: a job that requires being yelled at for hours on end, hosting countless public meetings, making decisions that will leave everyone mad at you. The pay: $125 a day.

Late last year, Marvin Markus sent the city a letter of resignation from his post as chairman of the Read More

Four More Years! But for What? Experts Opine on Economic Development Through ’13

Almost indisputably, the mayoral race this year was a desert of big new ideas for New York City. Be it the lack of a competitive Democratic primary, the billions in budget gaps or the challenger's preference for blanket criticism over policy prescription, the incumbent and-at the time of this writing-presumptive winner, Michael Bloomberg, was never Read More

After the Coup: Landlords Get a ‘Reprieve’

Mike McKee was in the State Capitol Monday afternoon, eagerly awaiting Tuesday. For the past three years, the white-haired, bearded activist had devoted his efforts almost exclusively to passing sweeping new rent regulations in the State Senate that favor the city’s one million–plus stabilized tenants. As of early afternoon Monday, the chamber’s housing committee was Read More

After the Coup: Landlords Get a ‘Reprieve’

Mike McKee was in the State Capitol Monday afternoon, eagerly awaiting Tuesday. For the past three years, the white-haired, bearded activist had devoted his efforts almost exclusively to passing sweeping new rent regulations in the State Senate that favor the city’s one million–plus stabilized tenants.

As of early afternoon Monday, the chamber’s housing committee was slated Read More

Quinn: Unsold Condos Would Make Great Middle-Class Housing

Council Speaker Christine Quinn unveiled a plan today for the city to buy unsold luxury condominiums and turn them into subsidized housing for middle-income families. Speaking in her state of the city address this afternoon, Ms. Quinn said the initiative would “add thousands of new affordable homes."

The announcement comes one year after Ms. Read More

Tenants PAC Hopes To Tip Senate To Dems Through Upstate Focus

The path to rent-regulation reform in New York City may lie through Rochester.Tenants PAC, a political action committee whose stated mission is to strengthen New York's rent-regulation laws, has donated thousands of dollars to Democratic candidate Rick Dollinger, who's trying to regain a Senate seat in Rochester. The group has also sent money to Democratic Read More