While housing advocates say the budget deal included a major victory for tenants––creating a multi-billion dollar program for rent relief––it included less funds for NYCHA and homelessness prevention than stakeholders had hoped for.
It’s the same city as it was in 2018, but a different place thanks to these developments.
Everyone from rent-stabilized renters to rent-controlled tenants to people who live in mobile-home parks would be affected by the reforms, which now await action by Gov. Cuomo.
‘Simply put, the impact of this tax credit deferral would be a reduction in the industry’s ability to build and preserve much-needed housing for low- and middle-income New Yorkers – especially right here in New York City.’
‘In this moment, it’s worth repeating: We need action. Words of support for immigrants and people of color in this moment are nice, but they will not be enough.’
It’s an annual rite of mid-winter: The mayor of New York City travels to the state capitol to give his take on the governor’s proposed budget, and state legislators pelt the mayor with questions about whatever is on their minds. Bill de Blasio’s fifth trip to Albany involved some familiar themes and faces, but a slightly different feel.
The chief strategist behind the eight-year effort to get congestion pricing back on the table, Alex Mathiessen, joins City Limits and Gotham Gazette to discuss how we got here, what comes next and what risks lie along the way.
‘Stronger rent laws will not only protect tenants and preserve regulated apartments in Stuyvesant Town-Peter Cooper Village and beyond; they will also allow the city’s to target critical preservation resources more strategically.’
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