Albany

Pedestrians walk past the Carnegie House on West 57th Street.

Manhattan Co-op in Crisis Spearheads Push to Cap Land Rent Hikes

May 13, 2024, 4:59 a.m.May 12, 2024, 12:09 p.m.

Apartment owners from across the city went to Albany this week to push bills to limit how much landlords can charge for building leases, with a boost from Billionaires’ Row residents.

Senate Majority leader Andrea Stewart-Cousins and Gov. Kathy Hochul at g of legislative package to protect abortion rights, June 30, 2022.

Albany

N.Y. Equal Rights Amendment Thrown Off November Ballot by Upstate Judge

May 7, 2024, 1:05 p.m.May 7, 2024, 2:42 p.m.

Foes of the referendum, which would enshrine abortion rights in the state constitution, argued Democrats in the legislature made a fatal procedural misstep.

Two people walk together down a residential block in Jamaica.

Housing

Neighborhoods That Most Need Basement Apartment Legalization Left Out of State Pilot

April 29, 2024, 5:00 a.m.April 28, 2024, 11:46 a.m.

Six of 15 districts in the program to allow subterranean apartment conversions are in Manhattan, a borough with only 1% of the city’s basement and cellars in smaller homes.

A development was visible between historic Fort Greene, Brooklyn buildings.

Albany

State Budget Deal Buoys Adams — But It Comes With High Price Tag

April 16, 2024, 10:59 a.m.April 17, 2024, 10:02 a.m.

Hochul gives mayor wins on housing and migrant aid, while skipping school funding and Medicaid reforms that would have helped curb coming deficits.

Governor Kathy Hochul presents the Fiscal Year 2025 Executive Budget in the Red Room at the State Capitol.

State Budget

Hochul Housing Deal Prompts Pushback and a Big Question: Will It Be Enough?

April 15, 2024, 5:01 a.m.April 14, 2024, 9:43 p.m.

Measures include a new developer tax break, “good cause” tenant protections, rent increases for improved vacant apartments and unshackling New York City’s development powers.

A vacant office building at 111 Wall St. in the process of being turned into apartments.

Housing

Office Vacancy Crisis Deepens as Albany Mulls Easing Conversions to Apartments

April 10, 2024, 5:00 a.m.April 10, 2024, 8:56 a.m.

Bills to enable housing in reconfigured Manhattan buildings remain mired in ongoing Albany budget talks even while nearly 100 million square feet are vacant.

Housing

Major Housing Deal Appears Near in Albany

April 3, 2024, 3:00 p.m.April 4, 2024, 12:46 p.m.

Rent increases for renovated apartments, more density for new apartment buildings and modest tenant protections are likely. One key hurdle: a new tax break for rental housing