Water Board Wins Rate Schedule Battle

Court of Appeals affirmed Water Board plan: credits to some, rate hikes for all. The New York City Water Board leases the reservoirs and water and sewage system from the City. Historically, the City tied the rental amount to the sum owed on the City’s water and sewer-related general obligation bonds. In 2003, however, the City began collecting rent above what was owed on the bonds. This increase led to a spike in water rates … <Read More>


Comptroller Report Finds Airbnb Usage Contributed to High Rent Problem

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.


Carriage Owner Wins Injunction

Central Park Sightseeing, a horse carriage company offering rides in Central Park, sued New Yorkers for Clean, Livable & Safe Streets, an animal rights group based in New York City that is opposed horse-drawn carriages. Central Park Sightseeing claimed that the animal rights group created a public nuisance by interfering with public safety and the safe flow of traffic, and that the animal rights group interfered with the horse carriage business by harassing, threatening, and … <Read More>


City Planning Commission Approves Special Permit For Subway Elevators on 45 Broad Street

Application approval will bring ADA accessibility to Downtown Manhattan. On April 23, 2018, the City Planning Commission approved the application for a special permit to allow a floor area bonus (FAR) of up to 20 percent to the basic maximum FAR to the 45 Broad Street development in connection with proposed subway improvements. The application was submitted by Madison 45 Broad Development LLC. The special permit will allow the construction of two subway elevators on … <Read More>


Crane Operator Involved in 2016 TriBeCa Collapse Has License Permanently Revoked

After judge finds operator at fault of fatal collapse, agency revokes license. On May 2, 2018, the Department of Buildings announced it permanently revoked the Hoist machine Operator license of crane operator Kevin J. Reilly. Reilly was involved in the fatal crane collapse in February 2016 on Worth Street in TriBeCa adjacent to New York Law School. Reilly’s license was suspended in December 2016 and DOB filed an action to permanent revocation. CityLand previously covered <Read More>