City continues to increase accessibility to information with online capital budget platform. On October 7, 2019, the Department of City Planning announced the launch of the City’s first digital version of the Ten-Year Capital Strategy. Produced with the Mayor’s Office of Management and Budget, the new platform highlights the goals, policies, constraints, assumptions and criteria used to assess the City’s capital needs. The platform also lays out anticipated sources of funding. This interactive version of … <Read More>
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Rent Stabilization: Preserving Low and Middle-Income Housing
Rent regulation is not a new issue for New York City. But the headlines in June 2015 were far larger and the reactions more contentious than at any time in recent memory. For the first time in its 46-year history, the Rent Guidelines Board decided that there would be no increase in rents for one-year renewals on rent-stabilized apartments; it also limited increases on two year renewals to two-percent. Not surprisingly, tenants hailed the decision … <Read More>