The Bistricer family will receive a 40-year tax exemption in exchange for cleaning up the mess it has long been blamed for at Brooklyn’s beleaguered Flatbush Gardens.
Landlords
Posted inRent Guidelines Board
Rent Board Approves 3% Hike for Stabilized Tenants
While the increase is at the lower end of the range the RGB previously had proposed, it’s larger than any hike from the de Blasio years.
Posted inClimate Change
Landlords Will Soon Have to Inform Tenants About Flood Risks
To help renters make better-informed choices, leases must disclose a property’s propensity to flood and whether it suffered flood damage in the past.
Posted inFrank Carone
After Hiring Frank Carone, a Reviled Brooklyn Landlord Won a Multimillion-Dollar Windfall from the City
Yosef Zvieli faced foreclosure after running a residence for Brooklyn College students into the ground. Then he retained the political kingpin who has since become New York’s power broker of the moment.
Posted inLandlords, Manhattan, Rent Guidelines Board, Rent Stabilization, Tenants
East Village Tenants Say New Landlord Is Pushing Them Out
Long-time residents say they’re being hit with huge rent increases that have unsettled their lives and forced some of them to leave the building.
Posted inTenants
Northwest Bronx Leads City in Heat Complaints
A handful of private buildings are responsible for a vastly outsized share of heat complaints, according to a new report from the city comptroller’s office.
Posted inDestabilized
Is Your Apartment Rent-Stabilized? How to Get Your Rent History in NYC
A record of your unit’s rental history from a state housing agency is the best place to start. Here’s how to get it.
Posted inClimate Change
City Building Owners Looking to Get Ahead of 2024 Environmental Regulations
Local Law 97 puts carbon caps on buildings bigger than 25,000 square feet — the city’s largest source of greenhouse gas emissions. With the rules still in draft form, landlords are trying to figure out what they need to do now.
Posted inDestabilized
New State Numbers Show Slide in Vacant Rent-Stabilized Apartments
Housing officials say that landlords registered 38,000 vacant units so far this year, down from the 60,000 reported in 2021. Landlords are still pressing for an end to restrictions they say keep apartments offline.
Posted inBrooklyn District Attorney, Housing, Landlords, Rent, Taxes
Prosecutors Allege Bushwick Developers Cashed In on Tax Breaks While Overcharging Tenants
The Manhattan District Attorney’s Office contends six developers ‘fraudulently obtained’ more than $1 million in tax credits aimed at boosting affordable housing.