California law makes it possible to require developers to build affordable housing — can it happen in NYC?

… million rent controlled and rent stabilized New York City apartments expired causing panic in a city deeply burdened … fever pitch with the average Manhattan rental costing over $4000 up more than 4 percent from this time last year … include belowmarket and affordable units in order to get a building permit The states highest court ruled that the …

By Beth Stebner |June 23, 2015 - 11:59AM