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NYC Experiencing Biggest Surge In Residential Construction In Decades

NEW YORK (CBSNewYork) — New York City is in the middle of a housing boom.

Over the first six months of 2015, developers received more than 42,000 building permits for apartments and houses, according to the U.S. 152 more words


Deputy Mayor: Prevailing Wages Would Cost City 17,000 Affordable Apartments

Alicia Glen, Mayor Bill de Blasio’s deputy mayor for housing and economic development, told the City Council today that obligating developers who receive the controversial 421a tax break to pay construction workers… 869 more words

Bill De Blasio

Cuomo Digs at de Blasio on Real Estate Tax Plan, But Claims No 'Clear Right or Wrong'

Gov. Andrew Cuomo today continued to rip into Mayor Bill de Blasio’s proposed changes to the state’s 421a tax break for developers—even as he claimed to be undecided on how the program should be reformed, or if it should be reformed at all. 931 more words

Bill De Blasio

Activists Blast Jeffrey Klein for His Ties to the Real Estate Industry

Tenant activists are taking aim at one Democratic state senator for his close ties to the city’s real estate industry.

Alliance for Tenant Power, a liberal pro-tenants organization, is planning a series of tweets and Facebook memes blasting State Senator Jeffrey Klein, a Bronx Democrat and leader of the Independence Democratic Conference. 766 more words

Real Estate Board Of New York

Rob Speyer Honors Steven Spinola at REBNY’s 119th Annual Banquet

On Thursday night, Rob Speyer honored outgoing REBNY President Steven Spinola with the Harry B. Helmsley Distinguished New Yorker Award at the organization’s 119th annual banquet. 289 more words

Rob Speyer

Mayor's Mandate: Experts Fear Affordable Upzoning Plan Will Fall Short

ED. NOTE: This story has been updated to reflect a letter to the editor from the President and CEO of New York State Association for Affordable Housing, which appears in the comments section. 1,696 more words

Facing GOP State Senate, Gibson and Levine Push Tenant Lawyer Law

Bronx Councilwoman Vanessa Gibson and Manhattan Councilman Mark Levine and tenant rights organizations rallied at New York Law School to push their bill guaranteeing attorneys to low-income tenants facing eviction—and asserted the legislation has a special urgency now with a new, landlord-friendly Republican majority taking over the State Senate in January. 635 more words

State Senate