The recommendation will also impact interest rates for small property owners not impacted by COVID-19. On May 13, 2020, the New York City Banking Commission recommended that the City Council create a new hardship exemption to eliminate interest on late payments for property taxes due in July for small property owners who faced financial hardship due to COVID-19. The Banking Commission is comprised of Mayor Bill de Blasio, Department of Finance Commissioner Jacques Jiha, and … <Read More>
Search Results for: Scott Stringer
Mount Morris Fire Watchtower Restoration Complete
The Fire Watchtower is the only one remaining of its kind in New York City. On October 28, 2019, NYC Parks Commissioner Mitchell J. Silver was joined by elected officials and members of the community to cut the ribbon on the renovated Mount Morris Fire Watchtower at Marcus Garvey Park in Harlem. Comptroller Scott Stringer, Congressman Adriano Espaillat, Assembly Member Inez Dickens, Manhattan Borough President Gale Brewer, New York City Council Member Bill Perkins, Community … <Read More>
Comptroller Releases Retail Vacancy Report in Response to City Planning’s Report
Comptroller’s office analyzes other sources of data, concluding retail vacancy is citywide problem. On September 25, 2019, New York City Comptroller Scott M. Stringer released a report regarding New York City’s retail vacancy crisis. Comptroller Stringer’s report is intended to fill a void in unexplored data from City Planning’s August 8, 2019, analysis of the same topic.
City Comptroller’s Response to Airbnb Guest Commentary
[The following guest commentary is a response to Airbnb’s commentary published here.]
New Yorkers are facing a growing affordability crisis, and over the years my office has examined many factors that have proven to contribute to the burden of rising prices – including, most recently, a report on the impact of Airbnb on New York City rental prices.
Guest Commentary: The Truth about Airbnb, Housing, and New York City
NYC Comptroller Scott Stringer recently released a report on Airbnb in New York City that is wrong on the facts, wrong on the methodology and wrong in its conclusions.
City to Create Senior Housing and Community Space Despite Strong Opposition
Senior affordable housing proposal would build over existing community park and green space. On Friday December 8, 2017, the New York City Housing and Preservation Department announced development plans that will create 121 affordable senior apartments and a community designed public open space in the Nolita neighborhood of Manhattan. Haven Green, an affordable new senior housing development will be affordable to seniors earning between $20,040 and $40,080 and include housing for formerly homeless seniors.… <Read More>