Posted inHousing
Mamdani Floats Insurance Fix for Rent-Stabilized Buildings
The effort will leverage taxpayer funds to curb runaway insurance costs for landlords managing tens of thousands of apartments.
Housing
Follow our award-winning coverage of affordable housing, Mayor Zohran Mamdani’s promised rent freeze, apartment hunting, development, the city’s housing lottery and the New York City Housing Authority.
Posted inHousing
NYCHA Offers New Carrot to 24 Seniors Blocking $1.2 Billion Manhattan Project
The Housing Authority says it will find space in senior-only buildings for holdouts who refuse to be transferred out of a Chelsea building slated for demolition. Mayor Mamdani backs the plan.
Posted inDevelopment
In NYC’s Brutal Housing Crunch, Finished Affordable Units Often Sit Empty for Months
Data from a large nonprofit backer of subsidized apartments shows how red tape delays tenants from moving in.
Posted inHousing
Landlord Income Up 6% Key Report Says as Board Weighs Rent Freeze in Earnest
The study from the Rent Guidelines Board showed buildings’ financial stress in The Bronx.
Posted inHousing
Appeals Court Pauses Demolition of NYCHA Chelsea Complex
The court will take up in May a lawsuit that argues that NYCHA and its partners short-circuited regulatory reviews, a process that could end up scuttling the entire project.
Posted inHousing
Where New York’s Lawmakers Split From Their Constituents: Home Ownership
New Yorkers are at the center of a national debate around rising housing prices. Their representatives in Congress are mostly homeowners.
Posted inHousing
Why 24 Seniors Are Holding Up NYCHA’s $1.2B Plan to Demolish and Rebuild Chelsea Complex
The plan to replace the Fulton, Elliott and Chelsea Houses would put all their tenants in new apartments while creating additional affordable and market-rate housing. But a group of seniors aren’t budging.
Posted inHousing
Candidate Mamdani Backed Expanding Housing Vouchers. As Mayor, He’s Appealing a Court Order To Do So.
The administration is still committed to reaching a settlement, a spokesperson said, as housing advocates say they’re pushing to secure an expanded program.
Posted inHousing
Thousands of New Yorkers at Risk of Losing Funds for Rent With No Fix in Sight
More than 5,000 households receiving federally funded housing vouchers from NYCHA are in limbo.
Posted inDevelopment
Mamdani Reopens Financing for ‘Granny Flats’ in NYC After Two-Year Pause
New resources are coming online to help homeowners add housing units to their properties.