On April 30, 2024, the Rent Guidelines Board released proposed guidelines for rent stabilized homes. The proposed guidelines, if approved, will dictate the permitted rent increases for rent stabilized apartments, lofts, and hotels for the time period between October 1, 2004 and September 30, 2025.
Search Results for: Housing
Comptroller Launches Dashboard to Track Shelter and Homelessness Data
On April 18, 2024, the New York City Comptroller Brad Lander launched Charting Homelessness in NYC, a dashboard that will track NYC’s shelter population, eviction filings, and shelter exits with housing vouchers in an effort to collect data around factors that contribute to homelessness.
COMPLETE VIDEO: State Budget Briefing with Deputy Mayor Maria Torres-Springer, 4/15 at 9 AM
This morning, New York Law School welcomed New York City Deputy Mayor Maria Torres-Springer for a state budget briefing with Ben Max, Executive Editor and Program Director for the Center for New York City Law. Anthony W. Crowell, Dean and President of New York Law School, provided opening remarks.
State Comptroller Calls for Better Monitoring and Reporting on NYC Capital Projects
On April 5, 2024, State Comptroller Thomas P. DiNapoli released a report about monitoring of New York City’s capital projects. His report found that projects often run over the initial budget and past the estimated timeline, suggesting that better monitoring could save City resources.
Governor Announces Funding for Almost 1,100 Affordable Homes Statewide, Including Brooklyn and the Bronx
On April 8, 2024, Governor Kathy Hochul announced $412 million in bonds and subsidies to create and preserve nearly 1,100 affordable homes statewide, including four projects in the Bronx and Brooklyn. The awards are part of the Governor’s five-year $25 billion housing plan to preserve or create 100,000 affordable homes statewide with 10,000 supportive homes.
HPD Celebrates Opening of 375 Affordable Unit Development in Greenpoint
On April 3, 2024, the Department of Housing Preservation and Development, the New York City Housing Development Corporation, elected officials and project partners celebrated the opening of 35 Commercial Street, a new affordable residential development that is part of Greenpoint Landing in Brooklyn. Greenpoint Landing is a 22-acre site along the East River waterfront that is being master-planned and developed by Park Tower Group, and is expected to have 5,500 total residential units once completed.