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.
Search Results for: Brooklyn, Queens, Staten Island
New Local Law Provides Alternative to Criminal Court
New York City changed the rules on the enforcement of low-level crimes when, on June 13, 2017, the Council-passed Criminal Justice Reform Act became effective. The new local law adds a new civil summons in lieu of issuing a criminal summons returnable in criminal court.
$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.
New Special Permit for Self-Storage Facilities: An Imperfect Victory for Industrial Jobs Advocates
The final legislative session of 2017 saw an active NYC City Council scrambling to pass almost 40 bills before the term’s end. Among these legislative actions was the passage of a zoning text amendment for the creation of a special permit that will limit self-storage facilities in NYC’s Industrial Business Zones (IBZ’s). City Council’s vote in favor of the new special permit is a victory for the industrial and manufacturing sectors, albeit an imperfect victory … <Read More>
Triton Structural Concrete Failed to Reserve $790,125 Claim
Contractor hired to repair Hurricane Sandy damage failed to list dispute when seeking time extensions on project. In 2009, the Department of Design and Construction awarded Triton Structural Concrete, Inc. a $105,003,443 contract to rebuild and repair various beachfront structures in Brooklyn, Queens and Staten Island that were damaged by Hurricane Sandy. The contract required Triton to install prefabricated modular buildings on driven pile foundations along several sections of the beachfront.
Agencies Distribute Information on the Dangers of Illegally-Converted Apartments
As part of campaign, list of 10 dangers created to help residents before they rent an illegally converted apartment. On December 5, 2018, the Department of Buildings in conjunction with the New York City Fire Department announced a citywide campaign to educate both tenants and property owners on the dangers of illegally-converted apartment. Representatives from both agencies will be distributing flyers throughout the five boroughs over the next three week.