Real Estate
Policy
Charter Revision Commission: NYC should have even-year elections, member deference should no longer reign
The 13-member panel is expected to put forth five proposals Monday for voters to consider in November.
Policy
Is NYC’s housing engine finally restarting? New residential permit filings jump in second quarter
Building permits are up 43% year-over-year as the new 485-x tax break takes effect. Most projects are capped at 99 units – just below the wage trigger in the new program.
New York City
Tenant, real estate groups team up against rent hike for some voucher recipients
Advocacy groups are launching a coalition and letter-writing campaign to oppose the Adams administration’s proposal.
Housing
New statewide tenant group hopes to counter real estate lobby
Organizers working with the Housing Justice for All coalition are launching the New York State Tenant Bloc, a 501(c)(4) organization to support pro-tenant candidates.
Real Estate
‘New Yorkers don’t care.’ Is the real estate pledge dead in NYC politics?
Not so long ago, Democrats were rushing to swear off landlord and developer campaign donations. A new YIMBY era seems to have made that pledge less relevant.
Policy
Chi Ossé’s broker fee bill set to pass City Council
“Sometimes good intentions do not get the results that you’re looking for,” said Mayor Eric Adams, declining to say whether he’d sign or veto the bill if passed.
Publisher's Section
Trailblazers in Building & Real Estate
The leaders reshaping New York’s landscape.
Interviews & Profiles
Kenny Burgos is ready to represent the city’s property owners
A Q&A with Kenny Burgos, head of the New York Apartment Association and former Assembly member.
Real Estate
Broker fee bill to draw hundreds of real estate pros, advocates to City Hall
The bill would shift the hefty fee from tenants to whomever hires the broker.
Heard Around Town
Report: Rent increases up to 4% and 7% would maintain rent stabilized landlords' profits
“I do expect the rent increase to be lower than it was the last couple of years because the data supports that,” Community Service Society’s Samuel Stein said.
Albany Agenda
Tenant advocates alarmed about latest budget negotiations
Housing Justice for All published a fact sheet comparing the current version of “good cause” eviction to what was originally proposed.
Albany Agenda
Andrea Stewart-Cousins: Lawmakers still waiting on labor-developer deal on housing
The state Senate majority leader said the New York budget won’t be done by April 1.
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Albany Agenda
Who are real estate lobbyists talking to in New York?
A new Housing Justice for All report breaks down the influence peddling.
Policy
What will New York’s next real estate developer tax break look like?
The replacement for 421-a could come down to negotiations between REBNY and organized labor.
Albany Agenda
REBNY report: New construction applications are down significantly
The developer group found that new housing projects have dropped off since a state tax break expired.
Albany Agenda
Maria Torres-Springer on why she’s ‘extremely grateful’ to Kathy Hochul
The New York City deputy mayor for housing said the governor has included all the city’s priorities in her budget proposal. The next hurdle is convincing lawmakers.
Albany Agenda
Hochul touts her housing carrots for NY municipalities
The governor said there is increased interest in state grants to build housing.
Real Estate
Eric Adams and Kathy Hochul make appearances at the REBNY gala
The real estate party drew many elected officials.
Albany Agenda
Hochul’s ‘placeholder’ housing developer tax break
After her previous proposals were rejected, the governor is leaving the most controversial parts of a 421-a replacement for others to decide.
New York State
Hochul hauls in big real estate money
A who’s who of developers maxed out their contributions to the governor.
