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Monthly Archives: December 2017
Council Slams Owners
Building owners, managers, and developers were slammed with new requirements on everything from mold to energy to construction noise as the New York City Council wrapped up its term, Tuesday, passing almost 40 new laws. If signed by the Mayor, … Continue reading
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Dogs and Fleas
Sleep with dogs, wake up with fleas. Or, rent to the City of New York and have your property condemned. Mayor de Blasio last week announced he would use eminent domain to take buildings with large numbers of homeless families placed in … Continue reading
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New NIMBY Tool
City Council Member Margaret Chin and Manhattan Borough President Gale Brewer are seeking a rapid zoning change to retroactively block an approved development on the Lower East Side. In another chilling blow to as-of-right development, the pols are using a … Continue reading
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Council Fights Building Improvements
Be prepared to be publicly shamed on a “speculation watch list” if you buy a building with high leverage to fix it up under legislation passed by the New York City Council Thursday. Buying a building with large numbers of … Continue reading
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