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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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Landlords urge Hochul to get to work now
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The city’s rent stabilized landlords are calling on Lt. Governor Kathy Hochul to take charge of distributing the $2.6 billion in federal aid they’ve been
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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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Landlords warn warehousing could be the new normal
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Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant
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American’s prioritize rent as federal aid flails
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The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 90 percent of apartment households made a full or partial rent payment by
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Owners applaud Cuomo move to delay tax lien sale
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New York landlords have applauded Governor Andrew Cuomo and Attorney General Letitia James for forcing the city to postpone a planned tax lien sale. “
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Owners, pols on the same page with tax lien sale
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State Senator Leroy Comrie and Assembly Member David Weprin have introduced legislation that would postpone the New York City tax lien sale by one year
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NYC landlords critical of new eviction moratorium
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New York’s rent stabilized landlords say a new emergency COVID bill extending eviction protections until the beginning of March is a stall tactic that
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Half of NYC landlords losing money, says CHIP
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Half of New York City’s landlords are losing money as the coronavirus crisis drags into its ninth month and tenants continue to fall behind on their rent.
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Landlords say supers, cleaners should be among first in line for COVID vaccine
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The Community Housing Improvement Program (CHIP) is calling for New York State to designate apartment building supers and residential building staff as
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Landlords: Trump eviction moratorium like closing emergency room doors
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New York’s rental housing providers have rounded on the Trump Administration after it introduced a new moratorium on the eviction of tenants making less
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Low income tenants joins Manhattan exodus
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One of New York’s biggest housing groups has accused the federal government of being “asleep at the switch” as thousands of tenants flee the city.