Today State Senator Daniel Squadron, along with other elected officials, including Manhattan Borough President Scott Stringer, are rallying to protest a court decision that jeopardizes tens of thousands of NYC residents under rent protection. The court decision in question allows landlords with J-51 benefits (a tax-incentive program through HPD for landlords, who in turn have to provide certain benefits to their tenants) to “retroactively” terminate and repay those benefits. In repaying the benefits, landlords can take away rent-stabilized apartments from their tenants, despite a previous court ruling involving Stuyvesant Town and Peter Cooper Village that said rent must be stabilized for the full term in exchange for a tax break. This means that about 4,000 apartments in 25 developments across the city in danger of losing rent stabilization. Independence Plaza North (IPN) residents are appealing the court decision threatening the rent in their building. Elected officials will speak to the wide effects of this particular court decision. They will hold the rally today, 11:15am, outside Independence Plaza North, near Greenwich and Duane Street in Tribeca. Check back here later today for photos.
Park Slope 370 8th Street Broker: Corcoran Price: $2,299,000 Sunday 12:00 – 1:30 GMAP Windsor Terrace 1658 10th Avenue Broker: Halstead Price: $1,849,000 Sunday 12:30 – 2:30 GMAP Crown Heights 908 Sterling Place Broker: Brown Harris Stevens Price: $999,000 Sunday 1:00 – 2:30 GMAP Bay Ridge 236 79th Street Broker: Fillmore Price: $799,000 Sunday 1:00 […]
Comment: Wow, three out of four unsold. Maybe some of these prices were too ambitious. Update: 529 1st Street is now in contract. Open House Picks 5/31/2013 [Brownstoner]
A tipster tells us that a group of Chinese investors paid $18,500,000 for a big piece of property at 2300 Cropsey Avenue in Gravesend at a state foreclosure auction yesterday. The 45,688-square-foot property, which is sandwiched between Cropsey and Bay Parkway at 23rd Avenue, currently houses a six-story building with a demolished interior that’s zoned as […]
Fridays at 11, Brownstoner Upstate brings you a selection of properties within three hours north, and a little east or west, of New York City. Here’s a little something for those of us who are afraid of commitment (and property taxes): Four lovely rental properties, all in Ulster County, none exceeding $1,600 a month. And […]
A look at Brooklyn, then and now. Beer helped make Brooklyn. Beer also enabled the German American community in Bushwick, Williamsburg and beyond become the most successful immigrant group in New York. At its peak, at the turn of the 20th century, Brooklyn was called the beer brewing capital of the country, with over fifty […]