The state money will go towards elevator and boiler replacements, but those projects won’t be completed for at least another three years.
Landlords that wanted to raise rents are falling behind. Housing Works employees are unhappy with their working conditions. And tenants put their landlords on trial.
Bill de Blasio’s housing plan, like every modern mayor’s, focuses on private apartments, not public housing. There’s a growing sense that saving NYCHA will require a different orientation—right now.
There are signs decades of too little maintenance funding and of a greater need facing aging parks across the city—something advocates says could amount to a looming crisis.
A rare discussion between a tenant leader, a real estate industry rep, pro-poor policy analyst and a Corcoran broker exposed divergent rhetoric about the state’s updated rent stabilization laws.
Plus: A deflating sales market in Manhattan and a two-year backlog of rent overcharge complaints.
Plus: how homeless shelters affect property values, a landlord fined for threatening to call ICE
The 2019 Mayor’s Management Report was full of interesting and esoteric statistics from the city’s various agencies.
Plus, a lifeline for senior housing, a glut in luxury condos and reports of ‘good faith’ deposits.