HPD Announces Historically Low Rental Vacancy Rate

On February 8, 2024, the Department of Housing Preservation and Development announced the initial results of the latest New York City Housing and Vacancy Survey (NYCHVS). The survey is the official source of the net rental vacancy rate which is used to show the ongoing need for rent control and rent stabilization. The survey is run approximately every three years and done in partnership with the U.S. Census Bureau since 1965. It is the longest-running <Read More>


City Planning Commission Certifies, Starts Public Review Process for Bronx Metro-North Station Area

On January 22, 2024, the City Planning Commission launched the public review of the Bronx Metro-North Station Area Plan. The plan compliments the development of four new Metro-North stations along the East Bronx in Parkchester/Van Nest, Morris Park, Hunts Point, and Co-Op City. The stations will be added to the New Haven line and are expected to open in 2027.