‘We Don’t Want Anything Rolled Back’: Tenants Target REBNY as State Housing Talks Drag On
Protesters marched outside the Real Estate Board of New York’s Manhattan headquarters Thursday, while others blocked foot traffic in an act of civil disobedience. The NYPD arrested 13 people, including the city’s Public Advocate, Jumaane Williams.
Up in Albany, Gov. Kathy Hochul, state legislators, labor unions, and real estate groups appear determined to reach a state budget deal that includes housing incentives such as a new tax break for New York City developers. Lawmakers have extended the budget deadline through at least Monday.
Opinion: Stop Insurance Carriers From Discriminating Against Affordable Housing
“The rent stabilized building bubble will persist as long as there are greater fools to cash out bad bets. If Albany bails out this market now, with bad data and before the market has started to price buildings properly, they risk turning taxpayers into the greatest fools of all.”
