"Three of the leading industry groups representing below-market builders joined with nonprofit homeless providers Tuesday to warn that a bill in the City Council obligating them pay union rates would roughly double their labor costs—and have a "crippling" impact on new construction." Read MORE.
The Governor signed into law sweeping rent reforms that will have an immediate and widespread impact on the housing landscape statewide. NYSAFAH has been very active in discussions about rent laws for more than two years, endeavoring to find middle ground solutions that provide greater tenant protections and close loopholes, but still maintain the quality of the affordable housing stock.
NYSAFAH has launched a voter registration initiative in partnership with the League of Women Voters. Prorgam details can be found below and developers/management companies are encouraged to participate in the program and get their tenants registered to vote, both during leaseup and during renewal. Please contact Steve Jacobs if you have additional questions - 917-721-8473.
Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York's rent laws and tenant protections, seeking to address concern about housing costs that is helping drive the debate over inequality across the nation.
The changes would abolish rules that let building owners deregulate apartments, close a series of loopholes that permit them to raise rents and allow some tenant protections to expand statewide. CONTINUED...
