Tonight, at its final public hearing, the Rent Guidelines Board voted to authorize 2.75% rent increases for one-year leases and 5.25% increases for two-year leases of rent-stabilized units. In response, Speaker Adrienne Adams issued the following statement.
“At a time when New Yorkers are struggling to afford to stay in their homes and communities, this is a rent hike that will place too many of the nearly one million rent-stabilized tenants at risk of housing instability.
…
Today, the Institute on Race, Power, and Political Economy at the New School and the Center for Community Uplift at Brookings released a report which found that subways and buses, which serve a higher rate of low-income riders of color, are subsidized significantly less per trip than other modes of public transportation, including NYC Ferry, whose ridership skew whiter and more affluent.
…
Ahead of the Rent Guidelines Board’s final public meeting and vote on Monday, June 17, Speaker Adrienne Adams released the following statement.
“New York City remains in the throes of a severe housing shortage and affordability crisis, record-high homelessness, and rising evictions that continues to push working- and middle-class families into dire situations and out of our city.
…
“The Supreme Court’s ruling to reject dubious anti-abortion efforts to restrict access to mifepristone, a vital medication approved by the Food and Drug Administration (FDA) is a welcome relief. For over two decades, mifepristone has served more than 5 million women and birthing people with access to safe and effective abortion and miscarriage care. New York City is a safe harbor for anyone seeking abortion and reproductive care, and the Council will continue to protect and expand this access.
…
Council also voted on its modifications to City of Yes: Zoning for Economic Opportunity to add environmental, health, and quality of life protections while promoting local businesses, and package of legislation tackling pay disparities in municipal workforce
City Hall – Today, the New York City Council voted to pass legislation that would require the advice and consent of the Council as part of the appointment process for 20 additional city agency commissioners, upon subsequent approval by voters in a citywide election.
…
Ahead of the Rent Guidelines Board’s Queens Public Hearing on May 30 at the Jamaica Performing Arts Center, Speaker Adrienne Adams called on the Rent Guidelines Board to limit rent increases for nearly one million rent-stabilized tenants. In addition to submitting written testimony, Speaker Adams released the following statement.
“Amidst a severe housing shortage and affordability crisis, record-high homelessness and evictions, New Yorkers cannot afford a rent hike that will push more to lose their homes and face instability.
…
Council also passed legislation on quality-of-life enhancements for New Yorkers by implementing virtual queue system for 311 callers and strengthening enforcement of commercial littering
City Hall, NY – Today, the New York City Council voted on legislation to improve parking garage safety and building integrity by requiring the Department of Buildings (DOB) to conduct a loadbearing capacity study of garages, increasing the frequency of inspections, and doubling the standard civil penalties for certain DOB-enforced violations.
…
Mayor’s FY25 Executive Budget failed to adequately restore cuts and fund cultural institutions, early childhood education, housing, libraries, public schools, safety and mental health solutions, senior services, and more
City Hall, NY – At today’s City Council’s Executive Budget hearing held by the Committee on Finance, the Council continued to call for the restoration of cuts and investments into vital services for New Yorkers.
…
Council secures robust commitments to address impacts of “Last Mile” facilities, increase resources for compliance and enforcement, and promote industrial development
City Hall, NY – Today, the New York City Council’s Subcommittee on Zoning and Franchises and the Committee on Land Use will vote on modifications to the City of Yes: Zoning for Economic Opportunity (ZEO), a citywide text amendment proposed by the NYC Department of City Planning (DCP) that would update the city’s outdated commercial zoning regulations with the goal of supporting economic growth by creating new opportunities for small businesses and bolstering growing industries.
…
Projections remain consistent in outpacing OMB revenue estimates and continued forecast of moderate tax and job growth, providing opportunity to restore cuts to save essential services
City Hall, NY – Today, the New York City Council released its May 2024 Economic and Tax Revenue Forecast with consistent revenue projections that continue to outpace those of the Mayor’s Office of Management and Budget (OMB) by $1.1 billion for Fiscal Years 2024 and 2025.
…
