New York Assembly Chamber. Image Credit: CC-BY-SA-3.0/Matt H. Wade at Wikipedia
A proposed State bill seeks to give City broad flexibility to increase floor area ratio in residential developments. The New York Senate has introduced bill S6760 by including language in their budget resolution that will amend the State’s Multiple Dwelling Law to provide an exception for the floor area ratio (FAR) cap. Currently, the law provides for a floor area ratio not to exceed 12.0 in New York City. The amendment will introduce language to the provision that will allow exceptions to the 12.0 cap if otherwise provided under the Zoning Resolution of the City of New York. (read more…)
Assemblymember Andrew Hevesi. Image Credit: NYAssembly.gov
State Assemblymember may have answer to finally reverse the homelessness trend. Recently, the de Blasio Administration heralded that its efforts to prevent homelessness in New York City have had some success. On September 29, 2016, City Hall announced that thanks to its “unprecedented array of programs” some 7,000 New Yorkers were able to avoid the City’s shelter system. The Department of Homeless Services now shelters 60,000 instead of the projected 67,000 (the projection was largely based on the rapid increase of homeless persons seen after the end of the Advantage program in 2011, approximately 5,000/year). While the population in the City’s shelter system may have been stunted, it continues to grow. (read more…)
Assembly Member Linda B. Rosenthal
The legislation, which is the first of its kind in the Nation, represents New York’s newest tool in its battle with Airbnb. On June 17, 2016, the New York State Legislature passed the first state bill in the Nation to ban online advertisements for illegal apartment rentals. The bill, sponsored by Assembly Member Linda Rosenthal and Senator Andrew Lanza, seeks to protect the at-risk stock of the City’s affordable housing units, which are illegally rented most prominently through Airbnb. For CityLand’s previous coverage on the bill, click here.
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Chart displays the percentage of Airbnb’s listings offering entire homes in New York City before and after Airbnb took down more than 1,000 of them. Image credit: Tom Slee & Murray Cox
Elected officials and affordable housing activists unite at State capitol in support of the legislation. On February 24, 2016, 300 members and supporters of the Share Better coalition rallied at the State capitol in support of Assembly Bill A08704, which would ban most online listings advertising rental apartments for less than thirty days per renter. Bill A08704 was proposed to the State Assembly approximately one month after a report was released to the public that tends to show Airbnb released its site data to the public only after purging its site of more than 1,000 illegal temporary rental listings. The rally was held on the same day Airbnb issued a letter to the State legislature to reassure Assembly Members and Senators of the company’s commitment to working with the City in creating fair rules for operating the home-sharing network.
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