Vacant land to be improved with mixed-use building. On May 23, 2018, the City Planning Commission held a public hearing on a mixed-use project on 1019 Fulton Street in Brooklyn by the applicant team led by the Department of Housing Preservation and Development in a public-private partnership with Fulton Star LLC. The project will bring 50 mixed-income rental units to the Clinton Hill area with 15 of those units as permanently affordable. The project will … <Read More>
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New Affordable Housing Development To Be Built Off-Site
City will use the modular construction method to reduce costs and construction time. On May 23, 2018, Housing Preservation & Development announced a Request for Proposals for the design, construction, and management of the new 100% affordable mixed-income and mixed-use development in East New York, Brooklyn. The City-owned project site is an L-shaped parcel of 49,397 square-feet along Eldert Lane between Pitkin and Glenmore Avenues. A portion of the site is also located along Grant … <Read More>
Court of Appeals Rules Tenant’s West Village Apartment Is No Longer Rent-Stabilized
Post-vacancy increases included in calculation for rent stabilization deregulation. On April 26, 2018, the New York Court of Appeals held that vacancy increases are included in determining if the rent amount triggers deregulation of a rent-stabilized apartment. Richard Altman sued 285 West Fourth LLC, its landlord, asking the court to declare that his apartment is subject to rent stabilization and requiring the landlord to offer Altman a rent-stabilized lease. Rent stabilization provides tenants with rates … <Read More>
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.
Tenant’s Fire-Injury Claim Goes To Trial
Tenant sued landlord over fire in his rent-stabilized apartment that had allegedly originated from inadequate wiring. James Daly, the tenant of a rent-stabilized studio apartment located at 9 East 36th Street in Manhattan, suffered injuries from a fire that occurred on June 19, 2013. The apartment, built in the 1930s, was 700 square feet consisting of a living area, a gallery kitchen, three closets, a bathroom, and a hall connecting the gallery kitchen to … <Read More>
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.