State Legislature Extends Rent Regulation, 421-a

Deal is retroactive to the programs’ expiration on June 15.  On June 25, 2015 the New York State Legislature passed a bill extending rent-regulation protections for New York City.  The laws had expired on June 15, and the Legislature temporarily extended its session to allow time for working on a longer-term solution.  On March 11, the New York City Council passed an extension of the City’s rent-stabilization laws, as well as a package of resolutions … <Read More>


Mayor de Blasio Delivers State of the City Address

Affordable housing issues, including rent-regulation, mandatory inclusionary zoning, and more were highlighted in the speech.  On February 3, 2015 Mayor Bill de Blasio delivered his second State Of The City address from Baruch College.  The Mayor spoke at length about the affordable housing crisis facing New York City and the programs his administration has begun or will propose to address the problem.