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Changes to Rent-Stabilized Housing Laws Can Bring Thousands of Vacant Affordable Units Online, Unlock Over $1 Billion in Economic Activity
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A new report by the Community Housing Improvement Program (CHIP) released today highlights the steep costs of owning and operating rent-stabilized units
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Owners cut spending, lay off workers as state rent regs begin to bite
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A new survey of CHIP members – property owners who own or manage one-third of all rent stabilized units in New York City (400,000) – has revealed the toll
Deals & Dealmakers
Housing leaders call on city to renew J-51 tax program
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Today, middle class cooperative (co-op) homeowners, local elected officials and real estate industry leaders called on the City Council to pass
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Landlords call on Hochul to allocate $2B to emergency rent assistance program
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The Community Housing Improvement Program (CHIP) and its 4000 housing operators are calling on Gov. Kathy Hochul and the New York State Legislature to
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Attorneys look for legal challenge to rent Act
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Ever since the new rent regulations — all 74 pages of them — were signed into law by Governor Andrew Cuomo on Friday, real estate attorneys have been scrambling
Deals & Dealmakers
Rent overhaul will wipe out local owners, warns CHIP
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Governor Andrew Cuomo looks set to approve the biggest package of rent reforms ever introduced in New York. And if he does, thousands of local owners will
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Building owners provide rent-free space for pantry
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In an expanded effort by CHIP’s members to help build stronger communities throughout New York City, CHIP announced a partnership with MMM Food Pantry
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Small landlords playing big role in new rent reform campaign
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A coalition of New York City building owners is calling on Albany to pass responsible rent reforms that protect tenants, but also small property owners
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Around Town: LIREG Poker Night, CHIP Luncheon
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  LIREG Poker Night Mar. 17: Long Island Real Estate Group is hosting a women’s poker night with the theme of “Learn how to win big in business using
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Owners call on city to reauthorize J-51 tax abatement as part of Ida recovery
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The Community Housing Improvement Program (CHIP) is calling on the New York City Council to follow the State Legislature’s lead and reauthorize the J-51 tax abatement.
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Real estate industry ready to work with new governor as Cuomo resigns
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New York’s real estate industry is looking to press ahead with the state’s COVID recovery following the resignation today (Tuesday) of Governor Andrew Cuomo.
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Pols accused of pitting landlords against tenants in housing hunger games
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Calling it the “housing hunger games,” city landlords say the government its pitting tenants against them in a battle to see who is more deserving.