The Housing Stability and Tenant Protection Act makes it possible to freeze rents at preferential rates for qualifying New Yorkers. On September 18, 2019, the de Blasio administration released guidance regarding renter rights under the Housing Stability and Tenant Protection Act. This guidance will allow New Yorkers who pay preferential rents in rent stabilized apartments to benefit from the City’s Rent Freeze Programs.
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De Blasio Administration Expands Benefits of Rent Freeze Programs
The Housing Stability and Tenant Protection Act makes it possible to freeze rents at preferential rates for qualifying New Yorkers. On September 18, 2019, the de Blasio administration released guidance regarding renter rights under the Housing Stability and Tenant Protection Act. This guidance will allow New Yorkers who pay preferential rents in rent-stabilized apartments to benefit from the City’s Rent Freeze Programs.
Mayor Announces Repairs To 62,000 NYCHA Apartments
The repairs will be made possible through public-private partnerships. On November 18, 2018, Mayor de Blasio announced that NYCHA has committed to $13 billion in repairs to 62,000 of its units. The renovations include new kitchens and bathrooms, replacement of windows, elevators, boilers, and roofs, and improvements to common areas. The repairs will affect approximately 140,000 residents, who will “retain all their rights as public housing residents, pay rent limited to 30 percent of their … <Read More>
De Blasio Administration Announces Brooklyn-Queens Connector Streetcar
New light rail will bring much-needed connectivity to other existing modes of transportation. On August 30, 2018, the de Blasio Administration announced plans to move forward with the Brooklyn Queens Connector (BQX) streetcar project. The emissions-free light rail system will help serve the continuously growing Brooklyn-Queens Waterfront communities that are underserved by existing transportation.
$200 Million for New Boilers and Heating Systems Upgrade For NYCHA Developments
A $200 million investment will be used to replace boilers and upgrade heating systems at 20 NYCHA developments. On January 31, 2018, Mayor de Blasio announced the investment aimed at assisting NYCHA developments experiencing chronic outages. The $200 million investment is part of the Mayor’s investment in NYCHA including $2.1 billion in capital infrastructure and $1.6 billion in operating funds. The upgrades are expected to save NYCHA approximately $5 million per year in energy costs.