The election of Donald Trump deeply impacted students at New York Law School. The School sponsored public meetings at which several students described their personal and family fears about the new administration. Other students were far more hopeful, but they carefully respected the views of their fellow students. The students as a whole are newly energized. A new political generation is emerging.
These changes in the electoral environment have occurred just as the City of … <Read More>
UPDATE: On November 29, 2016, the City Council voted 49-0 to approve the Lambert Houses application with modification. The approved application now includes the Mandatory Inclusionary Housing option with deep affordability—half of the apartments will now be affordable for those making 30 percent or less of the average median income. The City has committed $12.3 million for infrastructure improvements in the West Farms area, including the construction of two new schools in the area—adding at … <Read More>
Comptroller’s audit finds that HPD’s collection efforts did not result in the collection of the vast majority of the money judgments referred to its Judgment Enforcement Unit. On November 17, 2016, the Office of the City Comptroller Scott Stringer released a report of an audit of the Department of Housing Preservation and Development. The audit sought to evaluate HPD’s efforts in collecting outstanding money judgments resulting from assessed penalties.
Exhibit traces the conditions that lead to the creation of the 1960 zoning resolution, the forms that were created in its wake, the innovation of the 1961 zoning resolution, and the arguments surrounding zoning today. On November 10, 2016, the Museum of the City of New York opened its exhibition, “Mastering the Metropolis: New York and Zoning 1916-2016.” The exhibit uses 150 objects, artifacts and photos to demonstrate how 100 years of … <Read More>
Court found that DOB letter of objection exception to the Multiple Dwelling law was no longer valid. On March 17, 2016, New York Appellate Court reversed a Lower Court’s Decision and thus denying Grand Imperial LLC’s Petition for a Letter of No Objection to rent its property for shorter than the legally required time period. Grand Imperial LLC owns a Single-Room Occupancy building, located at 307 West 79th Street on Manhattan’s Upper West Side, … <Read More>
City Council Members seek to strengthen tenant protections from predatory equity landlords. On October 31, 2016, City Council’s Committee on Housing and Buildings held a five-hour public hearing on a complement of five bills, two of which related to predatory equity.
Since the mid-2000s and largely due to the housing bubble, predatory equity has become a metastasis on the New York City housing market. The predatory equity get-rich-scheme works as thus: private investment money is … <Read More>