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Deadlock in Albany puts 421-a, rent regulations in limbo
07
With the New York State Legislature grappling with a debilitating impasse, crucial laws like the 421-a tax abatement program and rent regulation have expired
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City unveils PLA that gives COVID ravaged communities leg up to union jobs
06
Mayor Bill de Blasio has announced a new Community Hiring economic justice plan that includes a Project Labor Agreement obligating unions to hire workers
Construction & Design
PLAs should save city millions, create opportunities
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A new deal on project labor agreements will save the City over $347 million and create opportunities for women and minority firms to get a bigger share
Deals & Dealmakers
Building owners gets behind NYC Carbon Challenge
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Mayor Bill de Blasio, in partnership with the Real Estate Board of New York (REBNY), announced the official launch of the NYC Carbon Challenge for Commercial
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Mayor says he’ll lay off his workers if he can’t borrow more money
06
Mayor de Blasio today announced the City will issue a week of furloughs for Mayor’s Office employees.  The action, in addition to savings from the adopted
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City steps up street cleaning as workers remain anxious about returning
08
Mayor Bill de Blasio announced new initiatives to bolster the city’s sanitation and street cleanliness efforts. “New Yorkers deserve clean, safe communities
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Council approves housing plan amid angry protests
08
The New York City Council approved two controversial zoning proposals this afternoon as opponents were dragged yelling from the chambers.
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Judge upholds rent freeze for over a million rent-stabilized tenants
07
By Sabina Mollot On Tuesday, a judge ruled against a landlord group that had sued to undo the rent freeze for over a million stabilized tenants in New York City.
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SL Green opens One Vanderbilt
07
SL Green Realty, Manhattan’s largest office landlord, along with its partners Hines and National Pension Service of Korea today marked the opening of One
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City Council set to vote on construction safety bill
06
The New York City Council is set to vote on a bill that would mandate at least 40 hours of training for construction workers across the city.
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Stuy Town air rights deal a key piece of housing puzzle
05
By Sabina Mollot Blackstone’s $5.3 billion purchase of the sprawling Stuy Town apartment complex also bought the firm a jumbo 700,000 s/f of air
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The Cold Truth: Homelessness soars to record highs with no solution in sight
07
Roughly 60,000 New Yorkers will spend this Christmas in a homeless shelter. Thousands more will struggle to balance the cost of rent with holiday expenses