Monthly Archives: April 2015

Mayor de Blasio wants to eliminate garbage as we know it by 2030 and reduce the creation of greenhouse gases by 80 percent from 2005 levels by 2050 according to his OneNYC plan announced this week. Both goals will require … Continue reading →

The Price Index of Operating Costs calculated by the Rent Guidelines Board rose only 0.5 percent for the year ending in March, according to a report issued yesterday. RGB staff estimated that ‘commensurate’ stabilized rent increases based on the index … Continue reading →

Average interest rates for new multifamily mortgages fell to 4.27 percent, according to the 2015 Rent Guidelines Board Mortgage Interest Survey released yesterday. The rate is the lowest since the RGB started tracking it in 1981. The report also found … Continue reading →