#NYC pols are about to display their housing ignorance

#NYC pols are about to display their housing ignorance

“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…

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#Rent hikes aren’t nearly enough to save NYC’s landlords or housing

#Rent hikes aren’t nearly enough to save NYC’s landlords or housing

“Rent hikes aren’t nearly enough to save NYC’s landlords or housing” Tenant advocates are already squealing after Thursday’s preliminary decision by the city’s Rent Stabilization Guidelines Board to OK modest rent hikes for the city’s 965,000 rent-regulated units. The de Blasio years had fed activists the habit-forming drug of zero-dollar increases — and tenant groups…

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#Record high rents are driving people back out of NYC

#Record high rents are driving people back out of NYC

“Record high rents are driving people back out of NYC” Once again, the rent is too damn high.  For many city denizens who weathered the pandemic in the boroughs, new record high rents and bidding wars have proved the final straw. Instead of renewing their leases, they’ve moving to more affordable areas.  Bargain-hunters are “choosing…

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