Affordable Housing

A rendering of the 14-story building at 1761 Walton Avenue in the Bronx.
Affordable Housing
Housing lottery launches for 86 apartments in Mount Hope section of the Bronx
By Celia Young |January 25, 2024 - 9:30AM
A high angle view of a traditional residential street Hell's Kitchen, Midtown Manhattan in New York City.
The Market
Nearly one in five NYC renters fell behind on their rent last year
By Celia Young |January 24, 2024 - 12:30PM
view of downtown Brooklyn and Manhattan
Affordable Housing
NYC agrees to cut percentage of housing lottery units set aside for nearby residents
By Jennifer White Karp |January 23, 2024 - 9:30AM
A rendering of the lower floors of the geothermal development at 2925 West 16th Street in Coney Island, Brooklyn.
Affordable Housing
Housing lottery launches for 139 apartments at a new development in Coney Island
By Celia Young |January 18, 2024 - 10:00AM
A rendering of the 19-story building at 1160 River Ave. in the West Concourse section of The Bronx.
Affordable Housing
Housing lottery launches for 198 apartments in the Bronx
By Celia Young |January 11, 2024 - 12:30PM
overnor Hochul delivered the 2024 State of the State address from a podium on Jan. 9th, 2024.
The Search
State of the state: Hochul’s multi-prong approach to tackling New York's housing crisis
By Celia Young |January 10, 2024 - 10:30AM
Close-up view of New York City style apartment buildings with emergency stairs along Mott Street in Chinatown neighborhood of Manhattan, New York, United States.
Troubleshooting
Understanding ‘succession rights,’ a complex issue for rent-regulated tenants
By Celia Young |January 9, 2024 - 11:00AM
Construction works on Fifth Avenue (5th Avenue) with heavy industrial machines and workers in Manhattan in New York City, USA
The Market
NYC launches program to help developers finance new affordable rental developments
By Celia Young |January 8, 2024 - 11:00AM
Exterior view of historic brick buildings along Duane Street in the Tribeca neighborhood of New York City NYC
Affordable Housing
What the end of the ‘Frankenstein loophole’ means for NYC renters

… coffin of the socalled Frankenstein loophole which allowed landlords to hike rents by combining apartments But its … limit unexpected rent hikes even after the passage of the Housing Stability and Tenant Protection Act HSTPA in 2019 … register an apartment as rent stabilized after 2011 if it benefitted from a J51 or 421a tax benefit It also curtails a …

By Celia Young |January 5, 2024 - 2:45PM
A rendering of the 23-story building at 266 West 96th Street.
Affordable Housing
Housing lottery opens for 52 apartments in a new development on the Upper West Side

… Housing lottery applications are open for 52 rentstabilized apartments at a new development on the Upper … eligible to apply depending on the size of the household Rents start at $1096 for a studio The petfriendly building … units which range from 290 to 340 square feet The 52 rentstabilized apartments are set aside for New Yorkers …

By Celia Young |January 4, 2024 - 9:30AM