Tag: Housing

NYC’S HOUSING CRISIS: Why affordable housing really isn’t as ‘affordable’ as you think

Affordable housing in New York City

Feb. 25, 2025 By Emily Swanson New York City’s affordable housing landscape remains one of the most complicated — and contentious — in the nation. Despite billions of dollars in annual investments, the crisis persists, leaving many New Yorkers struggling to secure a roof over their heads. To help you understand what affordable housing…

Op-Ed | Breaking housing records and giving New Yorkers a key to their future

Mayor Eric Adams.

Feb. 18, 2025 By Mayor Eric Adams Since day one of our administration, building housing and bringing down the cost of living has been two of our top priorities. We know that in order to make New York City the best place on the globe to raise a family, we need affordable housing across…

Brooklyn, Queens tenants to receive $2.9 million in settlement with notorious landlord over hazardous conditions

FILE PHOTO: New York State Attorney General, Letitia James, speaks during a news conference, to announce a suit to dissolve the National Rifle Association, In New York

Dec. 17, 2024 By Adam Daly Tenants of one of Brooklyn’s biggest landlords are set to receive $2.9 million in restitution after an investigation found “repeated and egregious” violations of housing maintenance codes, including issues with lead paint, mold and pest infestations. On Friday, New York Attorney General Letitia James announced a $6.5 million…

Permits filed for new 4-story residential building in Bayside with 103 units

permits

Dec. 3, 2024 By Ethan Marshall Permits have been filed for the construction of a new 4-story residential building at 211-13 26th Ave. in Bayside. The proposed development, situated between Bell Boulevard and Corporal Kennedy Street, will rise to a height of 40 feet, offering 87,901 square feet of residential space spread across 103…

US Supreme Court declines to hear challenges to NY rent stabilization law

An apartment building on Shore Road in Bay Ridge, Brooklyn.

Nov. 12, 2024 By Ben Brachfeld The US Supreme Court has declined to hear two challenges to New York’s rent stabilization law, keeping in place a system regulating rents for roughly a million apartments despite landlords attempting to overturn it. The high court in Washington declined to grant certiorari to two landlords’ challenges, G-Max Management…

New affordable senior housing coming to downtown Jamaica in 2025

senior housing

Nov. 6, 2024 By Athena Dawson New affordable senior housing will soon be available in downtown Jamaica.  Affordable housing developer Breaking Ground announced on Wednesday, Oct. 23, that it has officially topped off its Sutphin Senior Residence located at 97-04 Sutphin Blvd. The residential building is expected to open at the end of 2025.…

Governor Hochul signs Ground Lease Renewal Bill, marking victory for co-ops

ground lease renewal

Oct. 21, 2024 By Iryna Shkurhan Elected officials from northeast Queens gathered at Beech Hills Apartments in Douglaston last Thursday to celebrate the signing of the Ground Lease Renewal Bill, a new law that offers co-op owners and prospective buyers greater flexibility. The bill allows co-op owners to extend or renew their ground leases…