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.
Search Results for: Chelsea, Manhattan
Landmarks Denies Plan to Reinstate Pre-Designation Building Permit for Rooftop Addition
Despite reductions in addition’s scale and visibility, and promises to install a diorama commemorating escape of abolitionists from Draft Riots mob, Commissioners determined that any rooftop interventions were inappropriate. At its meeting on May 23, 2017, the Landmarks Preservation Commission disposed of an application for facade alterations and rear and roof additions to 339 West 29th Street in the Lamartine Place Historic District. In the 19th century, the building was home to prominent abolitionists … <Read More>
Wide Opposition to New Facade and Addition to Building Important in the History of the Abolitionist Movement
With previous development plan stopped mid-operation by DOB permit revocation and landmark designation, applicant sought approval for the creation of a rear addition, a two-story roof addition, and a new brick-faced facade. On September 20, 2016, the Landmarks Preservation Commission held a public hearing on a proposal for alterations and additions to 339 West 29th Street, in the Lamartine Place Historic District. The building was constructed in 1847, and underwent alterations in … <Read More>
City Council Subcommittee Hears Testimony on Adorama Site [UPDATE: Subcommittee Approves Adorama Application]
The proposal would allow for a two-wing through block building with two floors of retail in the Ladies Mile Historic District. On September 7, 2016, the City Council’s Subcommittee on Zoning and Franchises heard testimony on an application for a special permit to facilitate the development in Chelsea neighborhood. The developer would restore and maintain two landmark buildings on site—one of which contains the Adorama camera store. The remainder of the lot—currently a parking lot … <Read More>
Two Housing Advocacy Groups Issue Report on Airbnb’s Effect on Residential Rental Rates
The report found that the pervasive use of Airbnb in New York City is likely the indirect causation of incredibly low residential vacancy rates and rising rental rates. In June of 2016, housing advocacy groups Housing Conservation Coordinators and MFY Legal Service jointly issued a study on the impact Airbnb and similar short-term rental-facilitating platforms have on the traditional housing market in New York City. While there are several companies connecting short-term rental apartments with … <Read More>
Owner Loses Chimney Claim
Owner of building with a chimney sued the developer of an adjacent, taller building for the expense of bringing the chimney into Code compliance. West Chelsea Building LLC owns a 10-story building, located at 516 West 26th Street, Manhattan, with a chimney on the roof. Jack Guttman and others own an adjacent building at 543-545 West 25th Street. Between 2005 and 2007 the Guttman group converted its property into the Arts Tower Condominium … <Read More>