Monthly Archives: November 2018

Sold Out

Subsidized housing developers sold out private housing owners this week, joining with tenant activists to petition the State Legislature to end luxury decontrol and eliminate preferential rents—regulations that don’t matter to their programs. Members of the New York State Affordable Housing Association … Continue reading

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Feeling Blue

Tuesday’s blue wave in New York could lead to a battle on rent regulations, with the Governor’s office confirming that he wanted to “advance additional tenant protections, including the elimination of vacancy decontrol and limiting rent increases for building and apartment improvements.” The voters … Continue reading

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Speculative Criteria

New York City, Tuesday, published the first “Speculation Watch List“identifying buildings purchased for less than the median cap rate of all apartment building transactions in each borough. Buildings on the watch list will be subjected to increased inspections and scrutiny to … Continue reading

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