De Blasio Administration Expands Benefits of Rent Freeze Programs

The Housing Stability and Tenant Protection Act makes it possible to freeze rents at preferential rates for qualifying New Yorkers. On September 18, 2019, the de Blasio administration released guidance regarding renter rights under the Housing Stability and Tenant Protection Act. This guidance will allow New Yorkers who pay preferential rents in rent stabilized apartments to benefit from the City’s Rent Freeze Programs.


De Blasio Administration Expands Benefits of Rent Freeze Programs

The Housing Stability and Tenant Protection Act makes it possible to freeze rents at preferential rates for qualifying New Yorkers. On September 18, 2019, the de Blasio administration released guidance regarding renter rights under the Housing Stability and Tenant Protection Act. This guidance will allow New Yorkers who pay preferential rents in rent-stabilized apartments to benefit from the City’s Rent Freeze Programs.


Inwood NYC Action Plan Progress Update Released

The Plan will use over $200 million in public investment. On October 2, 2019 Deputy Mayor Vicki Been, NYCEDC President and CEO James Patchett and City Officials from NYC Parks, Department of Cultural Affairs, Department of Education, Department of Small Business Services, Department of Housing Preservation and Development (HPD), New York Public Library, and Council Member Ydanis Rodríguez shared an update on the Inwood NYC Action Plan.


Water Board Wins Rate Schedule Battle

Court of Appeals affirmed Water Board plan: credits to some, rate hikes for all. The New York City Water Board leases the reservoirs and water and sewage system from the City. Historically, the City tied the rental amount to the sum owed on the City’s water and sewer-related general obligation bonds. In 2003, however, the City began collecting rent above what was owed on the bonds. This increase led to a spike in water rates … <Read More>


Helping Small Businesses Stabilize Themselves: Too Big to Fail or Too Small to Let Fail, Both Need Help

 

It is time to start a real conversation about a small store retail rent stabilization program.

Many neighborhoods , not only in Manhattan,  but  also in other high use commercial districts in all the  boroughs are being shred apart as small Mom and Pop’s just cannot fight back the tide of the enormous  run up of  commercial retail rents in recent years.