City Council Passes Legislation to Limit Fees Landlords Can Collect From Tenants for Early Vacancies

The bill amends the landlord’s duty to mitigate damages for an early vacancy of a leased residence. On November 23, 2021, the City Council passed Int. 2312-A, which limits the fees landlords can collect from tenants who vacate prior to the end of a lease to prepare the property for the next rental. The bill, sponsored by Council Member Kevin C. Riley, helps balance the needs of landlords to pay for the maintenance of units <Read More>


City Finalizes Two Deals to Bring Almost 400 Affordable Senior Housing Units to the Bronx and Brooklyn

Both buildings offer a variety of enrichment opportunities and support for seniors. On July 2, 2021, the Department of Housing Preservation and Development (HPD), the New York City Housing Authority (NYCHA) and the New York City Housing Development Corporation (HDC) finalized two deals to secure 393 new affordable senior housing units to the Soundview neighborhood in the Bronx and the Bedford-Stuyvesant neighborhood in Brooklyn.


First HomeFix Project Helps Make Critical Home Repair in Canarsie

The HomeFix project helps to provide affordable financing and loans in order to help family homeowners make necessary repairs. On May 10, 2021, the New York City Department of Housing Preservation and Development announced the first rehabilitation project completed by the HomeFix project. The HomeFix project is a program that provides affordable financing for essential home repairs in small family-owned properties located across New York City.


DEP Proposes New Water Rates for 2022

This Administration has retained over $1 billion in the water system to keep rates affordable while ensuring funding for drinking water and wastewater projects. On May 10, 2021, the New York City Department of Environmental Protection proposed a 2.76 percent increase to the water rate in 2022 to the City’s Water Board. Funding has helped to create critical programs while keeping rates low for property owners and businesses. New York City water rates are approximately … <Read More>


Comptroller Stringer Releases Plan to Address City’s Affordable Housing Problems

Universal Affordable Housing would require 25 percent permanently low-income affordable housing in all new development with ten or more units. On January 29, 2020, New York City Comptroller Scott M. Stringer announced a citywide housing strategy to fundamentally realign the City’s approach to the housing crisis. The strategy, coined Housing We Need, will include a universal requirement for 25 percent permanently low-income affordable housing in all as-of-right developments with at least ten units.


HPD, Elected Officials, Project Partners Break Ground on New Supportive Senior Housing in Mott Haven

The project will bring 152 units of affordable and supportive housing to the South Bronx. On September 10, 2019, the Department of Housing Preservation and Development, the New York City Housing Development Corporation (HDC), the New York City Housing Authority (NYCHA), and the New York State Office of Temporary and Disability Assistance/Homeless Housing and Assistance Corporation (OTDA/HHAC), elected officials and project partners broke ground on “Betances Residence,” a new senior housing project. The project is … <Read More>