Category Archives: Uncategorized

Budget Slams Real Estate

Real Estate got slammed in the State Budget approved Monday morning, including an increase in the real property transfer tax statewide on residential transactions over $3 million and other transfers over $2 million (from $2 per $500 to $3.25 per $500), plus … Continue reading

Posted in Uncategorized | Comments Off on Budget Slams Real Estate

Tenants v. Tech

Tenants are fighting new technology in Manhattan—where they don’t want to use the Latch phone app for building entry instead of keys (Sharpe v. 517-525 West 45 LLC)—and Brooklyn, where they are challenging a facial recognition access system. Assemblywoman Linda Rosenthal has introduced a … Continue reading

Posted in Uncategorized | Comments Off on Tenants v. Tech

Albany Fight Gets in Gear

CHIP, along with REBNY, RSA, and SPONY, this week launched a TV and print ad campaign to fight proposed changes to the rent laws that would reduce housing quality and tenant choice. We’ve also increased our direct lobbying efforts, as … Continue reading

Posted in Uncategorized | Comments Off on Albany Fight Gets in Gear

Following the Amazon Model

Now that Queens pols have killed Amazon’s development plans and 25,000 jobs, a Brooklyn pol is threatening 15,000 jobs at Industry City where developers want to rezone a manufacturing area for office, retail and hotel. Councilman Carlos Menchaca says the seven month … Continue reading

Posted in Uncategorized | Comments Off on Following the Amazon Model

From Bad to Worse

New York State could ill afford the loss of jobs and tax revenues from blowing the Amazon deal, and the damage from proposed changes to the rent laws will be even worse, CHIP Executive Director Jay Martin explained in a column Thursday … Continue reading

Posted in Uncategorized | Comments Off on From Bad to Worse

Paperwork Cuts Two Ways

While the State Legislature debates legislation barring source of income discrimination by building owners who don’t want to deal with Section 8, the Town of Eastchester has joined numerous other towns and counties in the metro New York area that won’t … Continue reading

Posted in Uncategorized | Comments Off on Paperwork Cuts Two Ways

Bezos Rejects Another Extortion Attempt

Amazon announced, Thursday, that it was withdrawing plans for HQ2 in Long Island City due to local political opposition. The preliminary New York City budget for 2020 anticipates a 6% increase in property taxes generally and more than a 10% increase in … Continue reading

Posted in Uncategorized | Comments Off on Bezos Rejects Another Extortion Attempt

Statistics, Shmatistics

Mayor de Blasio announced Monday that, due to increased tenant legal services, evictions dropped to a record 18,000 in 2018. But, on the same day, Council Speaker/Public Advocate Corey Johnson announced an interactive map of where evictions occur showing 19,970 evictions in 2018. And, … Continue reading

Posted in Uncategorized | Comments Off on Statistics, Shmatistics

Lead Test

Mayor de Blasio this week proposed lowering the allowable lead in paint to .5 micrograms per square centimeter, half the current level and below levels at which testing equipment is currently certified for accuracy. The City Council is also looking at a … Continue reading

Posted in Uncategorized | Comments Off on Lead Test

Legislative Cart Before Research Horse

Governor Cuomo introduced budget legislation (see page 415) this week calling for ending high rent/high income decontrol, repealing preferential rent provisions, and limiting major capital improvement charges “based on a report” to be prepared by the Division of Housing and Community Renewal … Continue reading

Posted in Uncategorized | Comments Off on Legislative Cart Before Research Horse