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Housing New York with Kenny Burgos sheds light on the politics and the public policy shaping the future of New York City housing. As the Chief Executive Officer of the New York Apartment Association (NYAA), Kenny brings his experience as an Assembly Member for New York's 85th District in the Bronx to discuss the politics and public policy shaping the future of New York City housing. Join us each week for a recap and insider analysis of all the news you need to navigate the dynamic world of N ...
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We compare two apartment buildings on the same block in Queens: one is rent-stabilized, the other is not. One pays property taxes while the other does not. Guess which one is financially sustainable, and which one is not. This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA on BlueSky: @housing.bsky.soci…
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This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda 2:19: The election results and NYAA’s renewed focus on housing 4:02: A Democratic backlash against the real estate industry? Don’t worry about it. 4:50: Good Cause Eviction: 1719 Gates LLC v Torres 6:11: Months-long timelines &…
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The New York City Council introduces City For All, billed as a companion piece to Mayor Adams’ City of Yes housing plan. A California judge deems San Francisco’s Vacancy Tax Law unconstitutional. REBNY proposes an alternative Broker Bill, and lead paint abatement deadline looms. This is your New York Apartment Association weekly news update with CE…
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This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda 1:12: New York Community Bank sees 990% increase in multifamily loan delinquencies 2:32: New York City Council expected to eliminate broker fees for tenants 4:00: Local Law 157: What you need to know about the gas detector mand…
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Why the first citywide zoning change proposed in over 60 years must pass. Plus, a smarter fix for the homeless crisis and a ballot proposition to watch in California this election. This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda Organizing the City of Yes coalition State aud…
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Your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda City of Yes – City Limits Rent-regulated apartment values have fallen by 67% since 2019 – Crain’s Economic Challenge for the Rent Guidelines Board – NYU Furman Center Water Bills: Examining rate-setting & billing structures – NYC Indep…
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Last month, the New York Apartment Association officially formed as a merger between the Community Housing Improvement Program and the Rent Stabilization Association. NYAA CEO Kenny Burgos discusses the housing policy news we’re keeping an eye on this fall, and delivers a message on the turbulent political situation at City Hall. On The Agenda Hous…
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With temperatures rising in New York, one ambitious City Council member is proposing a law that would make landlords responsible for keeping everyone cool. Jay explains why the plan is wholly unrealistic – and better designed for grabbing headlines. Plus, housing has become a hot topic in the presidential election. We examine the White House’s rent…
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The NYC Rent Guidelines Board voted Monday to raise rents by 2.75% on one-year leases and 5.25% on two-year leases – not nearly enough to cover the skyrocketing cost of maintaining a rent stabilized building. That didn’t stop tenant advocates from protesting the increase: board members were heckled, protesters were arrested, and the unsustainable s…
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The New York City Rent Guidelines Board begins public hearings this week and as always, we’re expecting an unhelpful spectacle. Meanwhile, the City Council is in the middle of budget negotiations, and members are pushing to spend billions on transferring ownership of rent-stabilized buildings to nonprofits. Given the current costs of maintaining th…
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Housing New York sheds light on the politics and the public policy shaping the future of New York City housing. This week, Jay speaks with Shams DaBaron, aka ‘Da Homeless Hero,’ a homelessness advocate fighting to expand, and reform, housing voucher programs in New York City. Visit our website for more information. Follow Us: X Instagram Tiktok…
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Housing New York sheds light on the politics and the public policy shaping the future of New York City housing. This week, Gov. Kathy Hochul congratulates herself and fellow lawmakers on reaching the “parameters of a conceptual housing agreement” in the FY2025 state budget… But we still haven’t seen details. Jay explains why a proposal to bring the…
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Across the city, rent-stabilized owners are getting squeezed between rising costs and stagnant rental income. When will running a rental property become untenable? For some, it already has. Jay looks at the disastrous impact of the 2019 rent laws on New York’s atrophying housing stock. Housing New York sheds light on the politics and the public pol…
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In this episode we break down the Rent Guidelines Board’s most recent Income & Expense report, which shows a continued decline in net operating income for older rent stabilized buildings; look at the dramatic rise in unpaid New York City property taxes as a classic canary-in-the-coal-mine scenario; and wonder out loud if the new, ostensibly YIMBY s…
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Housing New York sheds light on the politics and the public policy shaping the future of New York City housing. In this episode we look at the real-life implications of New York's broken housing voucher system; what the New York City Council's 19th housing emergency declaration really means; the skyrocketing costs associated with maintaining a rent…
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Each week we provide analysis of all the news you need to know about New York's ongoing housing crisis. This week we'll cover some of the good, the bad and the ugly happening in New York housing. The good? We're one step closer to a state budget deal and hopefully a housing package. The bad... politicians are manipulating data for their own politic…
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421a to play big role in NYS budget? Housing vacancy survey results, NYCB in crisis, & much more...
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It's been a rough year for rent stabilized housing and it's been a rough year for New York Community Bank, which is struggling to stay afloat amid news of a very bad fourth quarter. The link between NYCB's woes and rent stabilized apartments in distress cannot be overlooked; any bank holding these loans may find itself in a precarious position. So …
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Four weeks to go until the New York state budget deadline and the question on everyone’s mind, is will we get a housing package? A budget deal is New York's best shot at securing new housing legislation in 2024. But lawmakers and the governor remain at odds over a host of issues, and it's unclear if they're willing to set aside their differences in…
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