Author Archives: abogny

HPD has issued a request for proposals for 200 affordable apartments on one of the largest City owned sites left in East New York. The Mayor would also like to see the inclusion of “quality commercial and community use” as … Continue reading →

Democrat John Brooks was officially declared the winner of the 8th State Senate District race yesterday, confirming that Republicans only hold the “majority” in the State Senate with the support of Brooklyn Democrat Simcha Felder and/or the seven member Independent … Continue reading →

As expected, Mayor de Blasio last week signed bills requiring gas pipe inspections every five years, lease notices to tenants regarding gas hazards, beginning in six months, and eventual installation of gas detectors. The Mayor also  announced warning notices to the … Continue reading →

Legal Aid is suing a Brooklyn owner on behalf of tenants who used  temperature sensors provided by non-profit Heetseek to make a case that the building has inadequate heat. A building worker told reporters that several apartments had radiators turned … Continue reading →

The City and State sent 421-a revocation notices to 178 buildings, Monday, claiming that they had received tax benefits without registering rental apartments as stabilized, as required. Thirty five other buildings had their benefits revoked in September and one of … Continue reading →

New York City has dodged a bullet on proposed Small Area Fair Market Rents, for now, under a final rule issued by HUD this week. The use of average rents by zip code to set Fair Market Rents, instead of … Continue reading →

More details of a proposed 421a deal between the Real Estate Board and Building Contractors Association were announced yesterday by Governor Cuomo, who called for a special legislative session before January to approve the measure along with a Memorandum of … Continue reading →

Republicans appear to have kept their majority coalition in the State Senate and two close races on Long Island could give them a clear majority without help from the Independent Democratic Caucus. This may help achieve a workable renewal of … Continue reading →

New negotiations on 421-a were reported this morning. The latest rumors involve a 45 year tax benefit with a minimum wage of $60 an hour for 300-plus unit developments in luxury neighborhoods and $45 an hour elsewhere. Buildings over 25,000 … Continue reading →

The Building Congress reported this week that while overall residential construction spending is expected to increase, the number of new housing units produced is forecast to decline from 36,850 units last year to 31,300 in 2016. Looking ahead, the Building … Continue reading →