Tuesday’s elections brought little change, with Democrats and Republicans each holding on to contested State Assembly and Senate seats, though the opening of former Assembly Speaker Sheldon Silver’s corruption trial, Monday, cast more light on Albany.
Mayor de Blasio, Tuesday, announced the latest plan to save manufacturing in New York City by barring hotels and self-storage facilities in manufacturing zones, apparently believing that efforts to bar other uses can save industries the way it did in, oh, SoHo maybe?
Almost one third of tenants who moved into affordable housing at rents up to 30 percent of income between 2001 and 2011 are paying more than 30 percent now, according to a report by a group called Real Affordability For All, which also attacked NYSAFAH members for greed and alleged wage theft. In some cases, rents went up faster than income and, in others, income went down. Permanent affordability may be a myth. Surprise.
Glug. The State Department of Environmental Conservation is taking comments until December 28th on a proposed Sea Rise Rule that anticipates sea levels around New York City will be 8 to 30 inches higher by 2050.
The State Division of Housing and Community Renewal has announced a hearing on the proposed 2016-17 MBR factor from 10 to 12:30 and 3 to 4:30 November 19th at Spector Hall, 22 Reade Street — but as of this morning hadn’t actually proposed a factor.
Join us Thursday, November 12th, from 9 to 11 a.m. at the CUNY Graduate Center, 365 Fifth Avenue, for a seminar on the “Ins and Outs of Construction Issues at Adjoining Properties.” This seminar will address the various issues arising from construction activity occurring in adjoining properties from the perspective of both the owner performing construction and the owner of the adjoining property. Topics will include negotiating license agreements, seeking enforcement of agreements, code compliance, and insurance. Free for members. $50 for non-members. RSVP: Call the CHIP® office and ask for John or email rsvp@chipnyc.org
If you aren’t a member of Associated Builders and Owners, or your dues aren’t current, now is the best time to join. Get full membership in ABO, CHIP, the National Association of Homebuilders and the New York State Homebuilders Association thru 2016 and a free ticket to the CHIP annual cocktail party on November 19th(a $225 value). And keep getting the NYHJ Weekend Update! Click to request details.