Monthly Archives: March 2016

What a deal

The Mayor’s Mandatory Inclusionary Housing plan moved one step closer to approval in negotiations with the City Council this week, and one step further away from economic reality. The most viable option in the Mayor’s original plan would have allowed … Continue reading

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FAQ: Answers Not Clear

DHCR issued a FAQ yesterday, attempting to explain how owners should respond to its January letter warning them to register apartments in buildings that receive or received J-51 tax benefits as rent stabilized. The only sure thing stated in the … Continue reading

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Evictions Down

Evictions were down 18% in 2015, prompting Mayor de Blasio to claim credit for his legal aid initiatives despite the likelihood that falling unemployment, record job creation, and delays due to reduced court personnel were more significant causes. The City … Continue reading

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