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Here’s a shocker: New Yorkers Unfazed by High Rents!
Rent too damn high? New Yorkers don’t care A surprising new survey has revealed that New Yorkers are unfazed by the city’s sky-high rents. While the rest of the country’s apartment dwellers cite rent...
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Rents Rise as Real Estate Tax Burdens Increase
Burden Heavy on Landlords of Multifamily Apartment Buildings By Daniel Geiger 10/09 Real estate taxes have long been a source of ire for landlords in the city. The city’s assessment process for...
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Upper West Side and Lower East Side Historic Districts Will Increase Costs...
East Village–Lower East Side Historic District approved by Landmarks October 09, 2012 03:30PM The Landmarks Preservation Commission today approved slightly modified version of the East Village/Lower...
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Why Downtown’s Cool to Rent Control
Here’s an interesting piece by the Post’s Steve Cuozzo commenting on an issue raised in a recent Wall Street Journal article regarding rent stabilization coverage in the Financial District. It seems...
View ArticleHousing Affordability is in the Mind of Observer
The release of a recent report by the Center for Housing Policy highlights one of the themes of this blog – what does housing affordability mean. The report, entitled “Losing Ground: The Struggle of...
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Preaching to the Choir on Housing. At last week’s debate, New York’s mayoral...
NICOLE GELINAS 28 January 2013 At last Thursday night’s mayoral debate on housing policy at an East New York church, Joseph Lhota, the Republican newcomer to the race,distinguished himself by being...
View ArticlePrivate Developer Asked to Provide Permanent Affordable Housing??
Hundreds of units of new rental housing are being delayed by tenant advocates who insist that affordable housing within the development be provided on a permanent basis. The over-reaching threatens not...
View ArticleTiny Apartment Winner Announced—In a Race to the Bottom?
New York City recently announced a winner in its competition to build “tiny” apartments. The winner will build 55 apartment as small as 250 square feet on City provided land with additional subsidies....
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Why Your Rent’s Too High
Posted: February 11, 2013 If there were one lesson our mayoral aspirants would do well to learn, it’s this: The reason basics in New York are so much more expensive than they should be — e.g., rent,...
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Mayor Defends Increased Fines and Penalties as Revenue Raisers
Property owners have long believed that many City fines and penalties (Sanitation summonses, in particular) were issued with the City’s budget needs in mind more than public safety concerns. Now, we...
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Rent and the Single Girl
Posted: March 07, 2013 First came Helen Gurley Brown’s “Sex and the Single Girl.” Then there was Carrie Bradshaw in “Sex and the City.” Now, we have Hannah Horvath on HBO’s “Girls.” When will...
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When ‘Affordable’ Is Just a Word
By GINIA BELLAFANTE The spring has the real-estate press enthusiastically reporting on the construction of 432 Park Avenue, an apartment tower that its developers claim will be the tallest residential...
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Who Says New York Is Not Affordable?
By CATHERINE RAMPELL One of the first things you learn when living in New York is that what qualifies as wealthy somewhere else seems barely middle-class here. On the Upper West Side, where I live,...
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Bill de Blasio Unveils Affordable Housing Plan: 190,000 Units, Legalized...
Until now, Bill de Blasio’s housing platform has mainly consisted of sniping at frontrunner Christine Quinn. But no longer: this afternoon Mr. de Blasio announced measures he would take mayor to curb...
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Why the Rent Is So High in New York
By CATHERINE RAMPELL In a magazine piece this week (and accompanying blog post), I talked about why many of the goods and services that high-income people consume are cheaper in New York — because it...
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NYCHA’s lawsuit…fair to property owners?
Tenants in a New York City Housing Authority (NYCHA) project have brought an action in Housing Court to compel NYCHA to fix long-standing repair problems in Lower Manhattan’s Smith Houses or to pay...
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Report: New Mayor Should Stop Re-Housing the Homeless
Report: New Mayor Should Stop Re-Housing the Homeless Some mayoral candidates want to restore programs that place homeless families in regular housing. But one think-tank believes those programs drive...
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Alms for the Upper Middle Class: Subsidized Apartments Aim at $200K Earners
By Stephen Jacob Smith Standing outside a shiny new red and tan brick building at 401 West 25th Street, indistinguishable from any other late-2000s new construction throughout the West Side,...
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Mayoral Candidates Pander to Housing Advocates, but Weiner Defends Vacancy...
- Mayoral candidates Bill de Blasio, Adolfo Carrion, John Liu, Bill Thompson and Anthony Weiner answer questions from affordable-housing advocates at a forum Tues., June 26, 2013. By Irina...
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Most Renters Think NYC is Unaffordable but Still Plan to Stay
By LAURA KUSISTO For all the talk from mayoral candidates about the middle class and proposals to make New York City more affordable, most New Yorkers think City Hall can’t do much to bring down...
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