StreetNoise

Landlords win major court case keeping apartments deregulated, lavish new terraces, & more

By Nathan Tempey  | April 27, 2018 - 11:00AM

An appeals court case that stood to potentially put tens of thousands of apartments back into rent stabilization has been decided in favor of landlords. Sorry, tenants, your rent isn't going down (The Real Deal)

The federal Department of Housing and Urban Development wants to raise rents for public housing residents and rent voucher recipients, including elderly and disabled ones, and impose work requirements on some (CityLab)

Home values in formerly redlined neighborhoods are still lagging, which advocates say shows that the legacy of government-led racial discrimination constitutes "a serious civil rights issue" (Zillow)

The supply of New York condos that are basically exempt from property taxes is drying up following changes to the state 421-a tax abatement program (The Real Deal via Wall Street Journal)

Many of today's fancy new apartment buildings are coming equipped with vertigo-inducing terraces (New York Times)

Over 600,000 New Yorkers commute more than 90 minutes each way (New York Post)

City Council members are proposing residential parking permits for New York (Streetsblog)

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