A bankruptcy judge denied a motion from the Mamdani administration to delay an auction of 5,000 rent stabilized units tenants hoped to preserve, in an early blow to the mayor’s…
“To be sure, a small (and often overstated) segment of rent stabilized buildings face real financial distress. Adding to the rent burdens of a million households to save these outliers…
“Voters have endorsed efforts to make development more efficient. But streamlining alone will not help solve the housing crisis if the city’s agencies lack the resources to implement these reforms,…
Tenants in five East Harlem buildings won half a million dollars in back rent and repairs, in a settlement with their landlord over poor housing conditions. They now hope other…
After the Pinnacle Group sent 93 of its buildings into a bankruptcy auction, tenants are calling on the city to responsibly steward their properties to a new owner.
Advocates hailed Zohran Mamdani’s victory as a win for rent-burdened tenants, while building owner groups decried his proposed rent freeze as a threat to the city’s stabilized housing stock.
Eric Adams is considering appointing new members to the Rent Guidelines Board before his term expires, which could make it harder for frontrunner Zohran Mamdani to fulfill his promise to…
Rent increases on stabilized units took effect this week. Tenants and mayoral hopeful Zohran Mamdani rallied to protest the change, which they hope will be the last for four years.
The Rent Guidelines Board voted Monday night to permit rent increases of 3 percent on the city’s 2.4 million rent stabilized tenants. With Democratic mayoral nominee Zohran Mamdani promising to…