Building owners are trying to figure out how to pay for upgrades needed to comply with city regulations intended to fight climate change. Source: New York Times
Posts published in “Real Estate Board of New York”
New York City May Ban Tenant Criminal Background Checks
The city could join New Jersey, Seattle and San Francisco in curtailing the ability of landlords to vet applicants’ criminal histories. Source: New York Times
Discrimination Weakens Tool for Reducing N.Y. Homelessness, Lawsuit Says
Vouchers, which help people afford rent, have long been seen as a key to solving the nation’s housing woes. But in New York City, a broken oversight system is undermining their effectiveness, advocates say. Source: New York Times
Why Co-Working Spaces Are Betting on the Suburbs
Start-ups are betting that the pandemic has spawned a new kind of worker who wants an office space closer to home, without the long commute. Source: New York Times
New York Is Getting $22 Billion in Federal Aid. How Should It Be Spent?
Business leaders warn the mayor that an influx of aid could be squandered on short-term programs that won’t help the unemployed. Source: New York Times
N.Y.C. Broker Fees Are Here to Stay. Why Do They Exist in the First Place?
Many renters seeking to move in New York City have to pay up to 15 percent of an annual lease to brokers — regardless of whether they helped find the apartment. After a legal battle, the state affirmed this week…
N.Y.C. Board Votes to Consider Extending Rent Freeze
The city board that sets rents on regulated apartments said one-year leases might be kept as is and two-year leases might rise slightly. Source: New York Times