The City Council, Public Advocate and administration officials agree that new measures should be taken to ensure 421-a compliance, proposed legislation is a good start. On November 22, 2016, the City Council’s Committee on Housing and Buildings and Committee on Finance held a joint hearing on the City’s enforcement of 421-a requirements. The meeting also served as a public hearing for three proposed bills to strengthen enforcement efforts.
City Council Members seek to strengthen tenant protections from predatory equity landlords. On October 31, 2016, City Council’s Committee on Housing and Buildings held a five-hour public hearing on a complement of five bills, two of which related to predatory equity.
Since the mid-2000s and largely due to the housing bubble, predatory equity has become a metastasis on the New York City housing market. The predatory equity get-rich-scheme works as thus: private investment money is … <Read More>
Association of developers and contractors of affordable housing claimed that local law on prequalification and disclosure violated their constitutional rights. On September 24, 2012, the City Council passed Local Law 44, which required the Department of Housing Preservation and Development to create a public website disclosing the scope and location of publicly-funded affordable housing projects as well as complaints about developers, contractors and subcontractors involved in the project. The website must also list which … <Read More>
If enacted, the bills would mandate the Department of Housing Preservation and Development to provide legal assistance information to susceptible tenants. On May 4, 2016, the City Council Subcommittee on Housing and Buildings held a public hearing on two bills introduced to ensure seniors and disabled persons facing eviction have access to information about the legal services available to help them. The bills would mandate the Department of Housing Preservation and Development to provide such … <Read More>
The watchlist and online map would keep track of affordable housing rental units at-risk of becoming unaffordable, as defined by specified criteria. On April 7, 2016, New York City Council Members Ritchie Torres and Mark Levine introduced a bill to implement the creation of a watchlist for affordable residential rental units Citywide that are at risk of losing their affordable-housing status. The bill provides the requisite criteria to be met by a residential rental unit … <Read More>
If enacted into law, Intro 214 would make New York City the first municipality in the nation to provide free legal representation to low-income tenants in Housing Court. On March 26, 2014, the “Right to Counsel” bill was introduced in the New York City Council by co-sponsors Council members Mark Levine and Vanessa Gibson. The proposed law would provide free legal representation to low-income City tenants and homeowners earning income that is not in … <Read More>