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“Are garden suites part of the housing crisis solution?” After Toronto joined the list of Canadian cities allowing for the secondary structures, many are left wondering how—and if—the suites can help address housing affordability Garden suites—freestanding backyard homes that tie into the main residence’s services and utilities—were given the green light earlier this month after…
“Eric Adams’ detail-lacking plan promises to house homeless faster” Mayor Eric Adams rolled out a plan for the Big Apple on Tuesday that promised to help homeless New Yorkers find housing and combat soaring rents across the city, but lacked key details including how much housing he hoped to build across the five boroughs. Adams…
“NIMBY New Yorkers should say ‘Yes’ to Adams’ City of Yes plan” Mayor Eric Adams wants to remake New York into the “City of Yes.” The mayor made his pitch in a speech to the Association for a Better New York last week, laying out a litany of government-inflicted roadblocks holding back growth where we…
“Key vote will determine if NYC sees end of new affordable-housing construction” In a surprise move, the City Council’s Land Use Committee is poised to vote down the One45 rezoning proposal on Tuesday without even submitting the usual recommendations for changes to City Planning. With the future of any affordable-housing construction now in doubt as…
“421a’s end means it’s time for real property-tax reform in NYC” For those who want to see New York City revive and thrive, the impending demise of the 421a housing-construction abatement, known by its section of state law, may seem like a blow. The annual $1.8 billion property-tax break, the city’s most lucrative, has enabled…
“Staff shortage at NYC’s HPD stalls affordable apartments” A staffing shortage at the Big Apple’s biggest housing agency is slowing down plans to develop and build badly needed affordable apartments, which advocates charge is further compounding the city’s decades-long shortage. The division of the Department of Housing Preservation and Development charged with the construction of…
“NY affordable housing program set to lapse as Big Apple rents soar” Progressives are on the verge of killing one of the Big Apple’s biggest and most controversial affordable housing programs, potentially nixing the construction of thousands of new rent-stabilized apartments as rents soar across the city. Efforts to extend or overhaul the 421-a program…
“NYC pols are about to display their housing ignorance” City Council members just put off a show hearing set for Tuesday on two housing issues that the state controls in a bid to win progressive cred. Wise move: It could only expose their gross ignorance (or cynicism) instead. The issues themselves remain alive: One is…
“Bay Area home offers ‘bunk bed pods’ for $800 a month” The housing crisis in the San Francisco Bay Area has gotten so bad that one startup is now offering renters the chance to live in a “bunk bed pod” with 13 other people for just $800 a month. Brownstone Shared Housing posted an ad…
“Vote paves way for rent hike for NYC’s stabilized apartments” A vote by the city’s Rent Guidelines Board on Thursday set the stage for what could be the biggest rent hikes in a decade for the Big Apple’s nearly 1 million rent-controlled apartments. In a preliminary 5-4 vote, the board approved rent increases in the…