Comptroller calls for an expansion of property tax relief programs in the City. On September 6, 2018, New York City Comptroller Scott M. Stringer issued a report detailing property tax increases in the City from 2005 to 2016 and their effect on households at different income levels. The report highlights the dramatic impact that these increases have had, particularly on households with incomes below $50,000 and the inability of existing property tax relief programs to … <Read More>
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Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem
On April 2018, New York City Comptroller Scott M. Stringer issued a report on the impact of Airbnb on City rents. The report looked at how the home-sharing company impacted rent in the City over the period of 2009 to 2016. The report found that rental rates increases during this time period can be attributed to Airbnb.
Comptroller Report Finds City Accountable for Failure to Stop the Sale of the Rivington House
In contrast to the DOI Report, the Comptroller’s Report places personal accountability on City Officials rather than the indoctrinated procedure for deed-modifications. On August 1, 2016, New York City Comptroller Scott M. Stringer issued a Report on the removal of deed restrictions from Rivington House. The Report is the product of a five-month-long investigation conducted by the Comptroller’s Office into the City’s actions in facilitating the sale of the Rivington House—a non-profit nursing home located … <Read More>
Report Identifies Flaws in DOB’s Auditing of Professionally Certified Applications
Comptroller’s audit found that Buildings generally implemented adequate controls over construction permit applications, but issued three recommendations to ensure public safety. On June 17, 2016, the Officer of the Comptroller Scott Stringer released a report of an audit conducted on the Department of Buildings’ processing of construction permits. The audit determined that Buildings’ controls for the processing of application were implemented consistently, that there were appropriate separation of duties, and an adequate application tracking system. … <Read More>
Comptroller Releases Report Critical of East New York Rezoning Plan
The report predicts that almost 50,000 residents of the affected Brooklyn neighborhoods would be priced out of neighborhood. On December 3, 2015, Comptroller Scott M. Stringer issued a report—Mandatory Inclusionary Housing and the East New York Rezoning: An Analysis—on the proposed East New York rezoning plan’s effect on housing affordability in the East New York and Cypress Hills neighborhoods of Brooklyn. The report claims while supply of housing units in the rezoned areas … <Read More>
Community Benefit Agreements report released
Task force proposed a framework for negotiating future Community Benefit Agreements related to publicly assisted development projects. A Community Benefit Agreement (CBA) is a private agreement negotiated between developers and community groups in order to garner support for real estate development projects. In exchange for community support, a developer may agree to provide amenities, such as infrastructure improvements or wage guarantees which are not required by the City’s land use review process. Since 2005, … <Read More>