A Good Freeze

City water rates will be frozen at 2016 rates for another year per the Department of Environmental Protection’s recommendation to the Water Board yesterday.

A State Supreme Court Judge has threatened to put an apartment building into receivership if the owner continues to advertise illegal Airbnb rentals, according to a New York Post article this week.

New York City is number one, in construction costs. The Turner & Townsend International Construction Market Survey reports that New York has edged out San Francisco and Zurich for the title, with costs averaging $354 per square foot.

Mayor de Blasio, Tuesday,  announced the first significant drop in poverty in the City since the recession. Property owners played their part…the City counts the difference between regulated and market rents as income for poor tenants.

Illegal loft tenants are seeking State legislation to extend the June 15th registration deadline to legalize their units. They also want to strike a requirement for street facing windows and an eligibility requirement that units were occupied back in 2009.

Fed up with nitpicking HUD rules on lead paint, Section 8, Fair Housing, etc.? HUD is seeking suggestions for regulatory reform until June 14th.

In a non-traditional succession case, 541 Union LLC vs. Rivera, a Bronx Housing Court judge has granted rights to a lease to a man who claimed to have lived as if married to a deceased tenant…while still actually married to someone else.

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