Installation of safety lighting part of citywide plan to reduce violence at targeted NYCHA developments. On July 13, 2016, Mayor Bill de Blasio and the New York City Housing Authority announced the completed installation of 504 new lights to improve public safety at Boulevard Houses in East New York Brooklyn. The installation is part of the Mayor’s Action Plan for Neighborhood Safety (MAP) which was initiated in 2014.
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Two Housing Advocacy Groups Issue Report on Airbnb’s Effect on Residential Rental Rates
The report found that the pervasive use of Airbnb in New York City is likely the indirect causation of incredibly low residential vacancy rates and rising rental rates. In June of 2016, housing advocacy groups Housing Conservation Coordinators and MFY Legal Service jointly issued a study on the impact Airbnb and similar short-term rental-facilitating platforms have on the traditional housing market in New York City. While there are several companies connecting short-term rental apartments with … <Read More>
Rent Guidelines Board Freezes One-Year Leases for 2nd-Year in a Row
Board votes for rent freeze despite strong push for a rent rollback by City Council coalition. On June 27, 2016, the New York City Rent Guidelines Board held a final vote to set guidelines for 2016-2017. This vote took place one year after the Rent Guidelines Board made a historic decision to freeze one-year leases instead of raising them.
State Legislature Passes Bill to Ban Online Advertisements of Illegal Short-Term Apartment Rentals
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 … <Read More>
Comptroller Audit Reveals the Improper Classification of Queens Properties
The audit report finds that the Department of Finance’s incorrect classification of Queens properties as mixed-use properties resulted in lost revenue for the City. On June 10, 2016, the Office of the City Comptroller Scott Stringer released a report of an audit conducted by the Department of Finance. The audit sought to determine whether the Department of Finance used procedures to ensure that properties classified as mixed-use in Queens had been properly classified.
City Council Subcommittee and Land Use Committee Vote to Approve the Rezoning of Water Street’s Privately Owned Public Space With Modifications
The modified version requires a full public review process in order to infill the largest arcades covered by the proposed zoning text amendment. On June 15, 2016, the City Council Committee on Land Use voted unanimously to approve a modified version of an application submitted by the Alliance for Downtown New York, the NYC Economic Development Corporation, and the Department of City Planning to rezone the privately owned public space—colloquially known as “POPS”—on and surrounding … <Read More>