Report Looks At Threats To Affordable Housing In City Neighborhoods

City neighborhoods report threats to affordable housing. The Association for Neighborhood & Housing Development released its 2018 report on “How Is Affordable Housing Threatened in Your Neighborhood?” The report provided its findings in a chart on all neighborhoods in the five boroughs and indicators of threats to affordable housing. The Association is the umbrella organization of 100 non-profit affordable housing development groups, which serves low- and moderate-income residents in all five boroughs.


Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem

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.



$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.


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.


City Planning Holds Hearing on Skyscraper East Harlem Development [UPDATE: Application Found to be Appropriate]

UPDATE: On June 21, 2017, the City Planning Commission the application from the New York City Education Construction Fund and AvalonBay Communities to redevelop a city block in East Harlem to be appropriate. The proposed development would shift the Marx Brothers Playground to the center of the block and facilitate the construction of two buildings at either end. The eastern building would rise eight stories and contain two public high school relocated from other <Read More>