Whoever wins the NYC mayor’s race faces a worsening housing crisis, affordable developers say

… Sisyphean battles Unpredictable tariffs stillhigh interest rates and looming cuts to federal housing assistance all … in NYC While developers say theyre ready to work with whoever wins the mayoral election this November they warn … funding even for Mamdani who pitched raising taxes and the municipal bond limit to fund more housing for which hed need …

By Celia Young |October 16, 2025 - 10:30AM
Tenants protest against Adams as increases for rent-stabilized apartments go into effect

… Increases for rentstabilized apartments go into effect today with the … on twoyear leases thanks to a 54 vote in July by the Rent Guidelines Board  whose members were appointed by Mayor … is the fourth under Mayor Adams and could affect 24 million renters … A protest goes to Gracie Mansion … Last night NYC …

By Jennifer White Karp |October 1, 2025 - 9:30AM
Rent board approves increases of 3 to 4.5 percent for rent-stabilized units

… By a vote of 54 the Rent Guidelines Board last night approved … leases and up to 45 percent on twoyear leases The decision impacts New York Citys nearly one million … a rare revote in May from 475 to 775 percent More than 100 tenants gathered outside the RGBs final vote on Monday …

By Celia Young |July 1, 2025 - 9:30AM
How the Democratic candidates for mayor would fix NYC's housing crisis

… New York City mayoral election will have huge impacts on housing in the city including where it gets built and how to make it affordable for everyday New Yorkers In just two weeks … voting begins June 14th As that pivotal date approaches renters and owners alike have a chance to evaluate which …

By Celia Young |June 13, 2025 - 9:30AM
New York state budget greenlights more condo conversions, new housing vouchers, but no down payment assistance

… Some New York City renters could gain a path to buying their apartments under legislation passed in the … month The budget lowers the number of renters or wouldbebuyers that would need to agree to convert some newer large … 90 days before bidding on a single or twofamily home but nonprofits land banks and community land trusts are exempt …

By Celia Young |May 22, 2025 - 10:30AM
Mayor Adams is bringing the tax lien sale back. Here’s how to get your property off the list

… taxes water sewer or for emergency repairs or youre a renter who lives in a building where the owner is delinquent … March 21372 residential properties citywide were on the listthats down from the 90day list of 24017 for properties in Class 1 one to threeunit houses and Class 2 coop condo and …

By Jennifer White Karp |May 16, 2025 - 9:30AM