Tag: Affordable Housing
The New York City Department of City Planning has recommended that parking requirements be eliminated for affordable and senior housing at locations within a half-mile of a subway station. Affordable housing is more important than parking, especially for people who live in affordable housing and don’t have a car, which is a majority. According to […]
Airbnb, the controversial short-term property rental company, has about 25,000 listings in New York City, and about 14,000 of those are technically illegal. Affordable housing advocates accuse the company of exacerbating the housing crisis by turning apartments that could be used for New York City residents into expensive hotels. On top of that, a new […]
Luxury real estate developers will no longer be able to receive tax breaks for including segregated affordable units in new buildings, the New York Post first reported, thus doing away with “poor doors.” The provision, part of the affordable housing bill passed in the Assembly last week, undoes a controversial tax measure, Section 421a, that […]
New York City is in the middle of an affordable housing crisis. Rent rose 11 percent between 2005 and 2012 and continues to climb. Tens of thousands of people routinely apply for reduced-rent buildings that only have a few hundred units. And Mayor de Blasio’s aggressive plan to create 200,000 extra units of affordable housing […]
The Associated Press reports on a shady industry that has popped up as part of New York City’s affordable housing crisis, where landlords hire “tenant relocation specialists” to intimidate rent-stabilized tenants into moving out so the landlords can rent the apartments at market rate. Market rate in some neighborhoods has increased by 90% since 2002, […]
The Sky, the 71-story residential tower that looms over the West Side Highway at 605 West 42nd Street, has opened up the housing lottery for 235 apartments retailing below market value. The city’s Housing Connect website listed the application, Curbed reported, outlining how many units available and what families qualify: The building, famous for becoming […]
The New York Times reports that 88,000 applications have been submitted by hopeful city residents trying to snag one of the 55 affordable housing units in the so-called “poor door” building on the Upper West Side. The “poor door,” the term given to the designated entrance for lower-income renters that’s located on a different street […]
A groundbreaking bill that would provide low-income tenants facing eviction with legal counsel is stalling, CityLimits reports. Similar to the U.S. Supreme Court’s decision in Gideon v. Wainwright in 1963, which guaranteed defendants a right to an attorney in criminal cases, the Right to Counsel bill would give tenants tied up in housing court universal […]
New Census estimates published last week showed that the population of New York City has grown to 8.49 million people as of July 2014. On Wednesday night, YIMBY put it together that if the city is growing at the same rate it in previous years, the city has potentially already surpassed the Census’ most recent […]
The rent is too damn high in New York City, and the data confirms it. The New York Times analyzed a survey by the Census Bureau and reported that for the past three years, rent has soared at a rate higher than inflation — with no signs of slowing down. From the Times: In a […]
