Department of Buildings Report Shows Construction Decline in 2018

Despite increase in developments, construction in New York City has leveled. On January 22, 2019, Department of Buildings Commissioner, Rick D. Chandler, released a report on the City’s construction in 2018. The most significant finding from the report was that the City’s construction activity has leveled off after its real estate and development boom. The number of construction permits Buildings issued decreased in 2018. In 2018, Buildings issued 165,908 construction permits while in 2017, they … <Read More>


Bronx Borough President Issues Proposal to Preserve Preferential Rent Housing

Borough President Diaz proposes new policy to prevent homelessness and displacement of tenants of preferential rent units. On December 13, 2018, Bronx Borough President Ruben Diaz, Jr. issued a report titled “The Preferential Rent Crisis in New York City.” The report examines the scope of the preferential rent issue in all five boroughs and the risk tenants of preferential rent apartments face should landlords increase their rents to the legal registered rent for those units. … <Read More>


Comptroller Study Finds Majority of Lobbies in NYCHA Buildings Have Unsecured Doors

NYCHA residences throughout the five boroughs have serious security lapses from propped open and broken doors. On October 12, 2018, the City Comptroller Scott M. Stringer released the results of an investigative survey on the exterior door security at New York City Housing Authority (NYCHA) developments. Between July and August 2018, auditors visited 299 NYCHA developments and observed the conditions of exterior doors. The auditors observed 4,551 doors in development in the five boroughs.


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.