“What we don’t need are more speculative investors and private equity firms converting much-needed apartments into a revolving door of short-term rentals for tourists with no stake in our city’s…
It’s been three years since the city began requiring hosts of short-term rentals to register them, an effort to weed out illegal listings which officials say took options away from…
“Short-term rental income was, for many of these families, not a luxury. It was the margin between keeping the house and losing it. Local Law 18 closed that door, and…
An increasing number of family homes in the outer boroughs are sold within two years of being bought—at huge markups. As New York City’s housing market continues to tighten, some…
The state is adjusting its income eligibility criteria for Empower+, which helps tenants and homeowners pay for energy-saving building upgrades. Previous rules made it hard for city households to qualify:…
“Thousands remain on the lien sale list, facing excessive fees and risk of foreclosure. Many are older adults or long-time residents, who missed notices or couldn’t navigate the system in time.”
“Building financial resiliency is a crucial part in preparing for climate disasters,” said Theodora Makris, senior program manager at the Center for NYC Neighborhoods. That can include getting flood insurance…
The legislation would get rid of Biden-era federal tax incentives that made solar and wind projects more affordable, and kills residential tax incentives for homeowners making energy efficiency upgrades.
The city stopped handing out fines to smaller residential buildings that don’t follow the city’s mandatory composting rules, saying it needs to do more public education on how to participate.…
“A system that centralizes fines ignores two crucial facts about our rodent crisis: rats do not abide by property boundaries and many homeowners are asset rich but cash poor, and…