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Elizabeth Street Garden won its fight. What does that mean for housing development in NYC?
… down from a decadelong fight to build affordable senior housing on the cityowned lot Instead city officials said on … supporting new development to counter the skyrocketing rents forcing some New Yorkers out of the city Just last … sudden aboutface on Monday raises the question of whether NYCs elected officials have the political will to make good …
Whitney Tilson wants to speed up development and make it easier for small landlords to evict non-paying tenants
… Democrat and former hedge fund manager wants to hurry up housing construction in New York City by partnering with the … city agencies that regulate landlords the implementation of NYCs landmark climate law Local Law 97 and new construction … Assembly member Michael Blake Tilson criticized the 2019 rent reforms and said that hed work with real estate …
Scott Stringer wants to build ‘Mitchell-Lama 2.0’ and buy up deteriorating NYC buildings for housing
… shape housing development in New York City In short its a big job and theres a lot of candidates who want to do it … mayor Editors note Brick Underground is interviewing the 2025 New York City mayoral candidates about their housing … 3 as is often required under the program I have a lot of expertise knowledge and a real record with NYCHA tenants As …
Both landlords and tenant advocates criticize tentative housing deal in New York state budget
… including additional eviction protections for marketrate renters and a new development tax credit Governor Kathy … the replacement of the 421a tax incentive for affordable housing development Hochul couched the plan as the … that limits how densely a developer can build housing in NYC though details on those two provisions are scant The …
State of the state: Hochul’s multi-prong approach to tackling New York's housing crisis
… yesterdayalong with a plan to protect housing voucher holders from discrimination The governor proposed legalizing … rights laws by refusing to take our clients vouchers says Jack Newton director of public benefits at Legal Services … been price gouging rentstabilized housing providers for years and jeopardizing the wellbeing of millions of renters …
NYC launches program to help developers finance new affordable rental developments
… A new program aims to increase affordable housing development across New York City through city … qualify for the program a projects affordable units must be rentstabilized for at least 30 years Rents need to be set at … use public resources according to the announcement And NYCs public resources have felt a crunch The expiration of …
