Page 47 - Stabilization Association News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Share via Shortlink Michael Gianaris, Julia Salazar and Jabari Brisport support the bill to abolish 421a. (Getty, Jabari Brisport via Twitter, 544 Union)   Three of the most prolific landlords in Brooklyn and Queens are being cast as villains by state and city legislators seeking to abolish New York developers’ favorite tax abatement. Three tenants filed lawsuits seeking class-action status against the building owners for allegedly defrauding the 421a program by overcharging tenants by an estimated $10 million. Pointing to the cases, several lawmakers held a virtual press conferenc...

Legal Aid’s Judith Goldiner and REBNY’s James Whelan have teamed up. (Getty, REBNY, Legal Aid)   Talk about strange bedfellows. United by a desire to help New Yorkers pay rent — and thus, make landlords’ lives easier — the Real Estate Board of New York and Legal Aid Society have teamed up on a new lobbying push. The two groups have joined forces with an existing effort, dubbed “Project Parachute,” that has pressured lawmakers to provide more rental assistance to tenants who are struggling because of the pandemic, the Wall Street Journal reported. Enterprise Community Partners l...

Housing groups and think tanks have filed legal documents supporting the owners of New York’s rent stabilized apartments in their fight against 2019 rent laws they believe are unconstitutional. The so-called amicus briefs back the Community Housing Improvement Program (CHIP) and the Rent Stabilization Association in their federal lawsuit against the City of New York. The lawsuit, filed in July 2019 and currently on appeal before the U.S. Court of Appeals for the Second Circuit, challenges regulations the owners believe have harmed owners and tenants and constrained the city’s housing mar...

Landlords are calling on the City Council to delay a plan to force them to convert their building’s fuel as they continue to struggle through the coronavirus pandemic. As part of its NYC Clean Heat Initiative that requires buildings to convert to cleaner fuels over a set timeline, the Council Committee on Environmental Protection is scheduled to hold a virtual public hearing tomorrow (Tuesday, Jan. 26) on a proposed bill (Intro. 980 of 2018) that would accelerate by five years the mandatory conversion of apartment buildings to No. 2 fuel oil or natural gas systems, But the Rent Stabilizatio...