Housing

Policy

Why are rent stabilized tenants getting rent hikes?

New York City has a housing affordability crisis. So why are 2 million rent stabilized tenants getting a rent increase?

Housing

Policy

Legislators poised to let 421-a expire

With only three days left in the scheduled legislative session remaining, it appears the controversial tax break to incentivize developers to build affordable housing won’t have a replacement this year.

Housing

Policy

City Council to push for more affordable housing investment in budget negotiations

Council members and advocates said an extra $5 billion over 10 years won’t be enough to address a housing affordability crisis.

Housing

Policy

What you need to know about rent hikes in New York City

Rent stabilized tenants could face up to 4% and 6% increases. Tenant advocates say those hikes are enough to devastate renters.

Opinion

Opinion

Opinion: Floor area limits are hindering affordable housing development

The state’s Multiple Dwelling Law needs to be fixed by Gov. Kathy Hochul and the state Legislature before the end of the session.

Housing

Policy

Lawmakers to Hochul: Get that developer tax break out of our budget

State officials say that debate over replacing the controversial 421-a program to incentivize affordable housing should wait until after the budget.

Housing

Policy

11 New York Congress members throw their support behind ‘good cause’ eviction bill

The lawmakers lauded the bill, which would limit rent increases and aims to prevent “unreasonable” evictions.

New York City

Politics

Council member to colleagues: Don’t bother giving NYCHA your money

Rafael Salamanca Jr., at a hearing Tuesday, warned his fellow council members that they’ll be frustrated, just like him, if they provide the city’s housing authority with funding and expect things done.

Housing

Policy

Hochul’s reversal on granny flats is an exercise in compromise

The new governor wanted to increase housing density in the suburbs through the budget, but she changed course after getting negative reactions from the ‘burbs.

Housing

Policy

New York City housing advocates ‘extremely disappointed’ by Eric Adams’ budget

Multiple advocacy groups said Adams’ preliminary budget released Wednesday did not meet his housing campaign promises.

Housing

Policy

Hochul proposes 421-a 2.0

The governor said she would replace the controversial tax abatement with something better, but its bones are the same

Housing

Policy

New tenant protections remain elusive as evictions return

The state failed to approved the Good Cause Eviction bill before the eviction moratorium ends tomorrow.

Policy

Policy

Good cause eviction has momentum leading into 2022

Coming off of local successes, housing advocates are hoping to score a major statewide tenant protection victory.

Housing

Policy

Gov. Hochul announces new financial assistance program for homeowners

New York is the first state in the country to receive the federal funding.

Interviews & Profiles

Personality

James Whelan wants to start converting commercial real estate into housing ASAP

The Real Estate Board of New York President discussed repurposing hotels and other properties left vacant by the pandemic.

News & Politics

Politics

March toward good cause eviction continues in Poughkeepsie

As statewide tenant organizers announce their legislative agenda, another upstate city approved new tenant protections.

Housing

Policy

New York requests nearly $1 billion in additional Emergency Rental Assistance funds

The request comes as the state has spent nearly all of the $2.4 billion in funds that it initially received.

Housing

Policy

Will the SoHo/NoHo rezoning help or harm Chinatown? Depends who you ask.

Opponents and proponents can’t agree on anything really – including where Chinatown’s borders are.

Housing

Policy

Progressives score another upstate win on good cause eviction

Newburgh has become the latest city to adopt the tenant protections which have stalled at the state level.