New name, same basic idea: Hochul pitches 421a reform
It may have a new name, but Gov. Kathy Hochul’s proposed development tax break looks a lot like 421a....
Politics
The Latest
Hochul plan for resi towers is tall order
Sixty years ago, when the state lawmakers decided to rein in residential construction, they likely did not foresee a crop of slender towers soaring above Central Park. But developers found ways to make the...
National
New York AG alleges Trump altered values at 6 properties
The office of New York attorney general Letitia James this week filed its most detailed allegations in its investigation...
After 10-year saga, judge’s delay keeps senior housing unbuilt
It’s been 10 years since then-City Council member Margaret Chin persuaded the city to raze a modest community garden...
$2B in Hochul budget could fund rent relief
Gov. Kathy Hochul dangled a bone in front of rent-starved landlords Tuesday, proposing a budget including $2 billion in pandemic relief — money that could fund the tapped-out emergency rental assistance program. “I’ll work...
News Analysis
The benefits and costs of “good cause” eviction
As the push for “good cause eviction” comes to a head in New York’s state legislature, the bill starts...
Tri-State
East Hampton Town officials vow affordable housing action
A new program announced by officials in East Hampton Town is aimed at easing the area’s mounting affordable housing...
Good cause eviction protest ends in arrests outside Hochul’s NYC office
Police arrested more than a dozen activists outside Gov. Kathy Hochul’s Manhattan office Friday afternoon during a protest calling...
Nonprofits call for greater access to city vouchers as evictions loom
Nonprofits are calling on Mayor Eric Adams and a revamped City Council to help stem an expected tide of...
Issue
Looming end of tax break triggers real estate “hunger games”
Developers made a gamble in Gowanus in November, likely to avoid an even bigger risk: paying real estate taxes...