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.
“We absolutely should weed out exploitative landlords, but we also need policies that support responsible owners. Otherwise, small landlords give up, banks take over, and buildings end up owned by…
"The combination of tightening rents and diminished safety net programs has precipitated a slow but accelerating deterioration of this 'naturally occurring' affordable housing."
A rent-stabilized building in the Bronx. (Photo…
“A crucial part of solving the housing crisis is retaining the rent-stabilized housing stock that exists. By signing S2980, S2943, S1684 and S995, Gov. Hochul would keep more rent stabilized…
The public will likely learn in October if challenges to rent stabilization—from landlords and trade groups including the Community Housing Improvement Program and Rent Stabilization Association—will proceed before the U.S.…
In an unusual twist, the two tenant-aligned members of the Rent Guidelines Board, tenant lawyer Adán Soltren and organizer Genesis Aquino, voted in favor of Wednesday’s increases—3 percent for a…
Bills aimed at helping rent stabilized tenants dig deeper into their rent histories to challenge suspicious increases sailed through the State Assembly, capping off an anticlimactic year for housing policy…
While Albany leaders failed to pass a comprehensive package of housing legislation this week, some advocates and high-ranking lawmakers have been working on a pair of bills they say could…