“Unaffordable” Guidelines

As blasted earlier this week, the City Rent Guidelines Board approved one and two year renewal guidelines of 1.5% and 2.5% Tuesday night, effective October 1. The official order number 50 will be posted here soon. Crain’s noted that the guidelines issued so far under the de Blasio administration failed to provide the 2% annual rent growth projected in the administration’s affordable housing development pro formas. Nassau County’s Rent Guidelines Board, meanwhile, approved 1% and 2% hikes.

The City Planning Commission approved a major rezoning of Inwood to encourage higher density housing. The plan now goes to the City Council for final approval.

The Landmarks Preservation Commission, on the other hand, extended the Boerum Hill Historic District, impeding development in a neighborhood of 288 buildings. There are now 143 historic districts in New York City.

Just before adjourning this month the State Legislature approved a bill requiring the City Buildings Department to give owners of adjacent buildings notice and proof of insurance thirty days before non-emergency work might affect them. The bill now goes to the Governor.

The Town of Hempstead Housing Authority is looking for a private joint-venture partner to redevelop 104 senior citizen housing units at Dogwood Terrace.

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