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De Blasio talks up commercial rent control in Upper Manhattan

Mayor Bill de Blasio says the city's giving small businesses a break—in Upper Manhattan at least. The mayor extolled the benefits of an overlooked aspect of the controversial rezoning of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 10th, 2018

De Blasio talks up commercial rent control in Manhattan

Mayor Bill de Blasio says the city's giving small businesses a break—in Upper Manhattan at least. The mayor extolled the benefits of an overlooked aspect of the controversial rezoning of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 11th, 2018

Commercial rent control bill to get October hearing

A hearing on a hotly-debated piece of legislation could determine who is really in control of city policy—Mayor Bill de Blasio or Council Speaker Corey Johnson. The City Council confirmed to Crain's... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 17th, 2018

A better answer than commercial rent control

We’ve all seen it, from Flushing to Crown Heights and even to Manhattan’s Upper East Side: the vacant storefront. Streets that were once populated by small businesses serving their unique... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 10th, 2018

Repealing commercial rent tax on restaurant industry"s 2020 wish list

Mayor Bill de Blasio promised policies that would "save our small businesses" in his State of the City last week. The city's restaurant and nightlife lobbying group has 20 ideas they say will... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkFeb 19th, 2020

Commercial rent control bill doesn"t solve the reason for high vacancy rates

In response to what some are calling a retail vacancy crisis, the City Council is attempting to tackle the issue with a bill that effectively establishes . This legislation does not solve the real... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkDec 24th, 2019

With revised bill, Council will revisit commercial rent control

A Brooklyn councilman wants to take another crack at passing commercial rent control next week with a revamped version of a bill loathed by the real estate community. Councilman Stephen Levin said... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

De Blasio backs grounding Manhattan"s commercial helicopter traffic

Mayor Bill de Blasio wants to pilot the helicopter tour business back to earth. De Blasio endorsed the concept of barring "non-essential" helicopter flights over Manhattan, though stopped short of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 26th, 2019

Commercial rent-control bill threatens 100,000 households

The City Council is considering a bill, innocuously titled the Small Business Jobs Survival Act, that would effectively prevent co-operative apartment buildings from managing the commercial spaces... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkMay 25th, 2018

Major Manhattan rezoning set to pass council

The battle of uptown wound down this afternoon. The City Council prepared to vote through Mayor Bill de Blasio's controversial plan to rezone much of the upper Manhattan neighborhood of Inwood to... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkAug 8th, 2018

Bar association says city lacks authority to establish commercial rent control

The city lacks the legal authority to establish commercial rent control, according to a report released Tuesday by the New York City Bar Association, so a pending bill to give retail tenants power... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 12th, 2018

Pols ponder commercial rent control, aka survival of the weakest

Imagine if well-meaning animal lovers became upset at the cycle of life and death on the African plains and persuaded governments there to put an end to it. Various human interventions would protect... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 20th, 2018

Commercial rent control"s fundamental flaws

In the late 1980s Ruth Messinger, who was then on the New York City Council, was pushing a proposal to impose rent controls on commercial space to save small businesses from being pushed out by... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkSep 20th, 2018

NYC"s long-running flirtation with commercial rent control

Debated for decades, commercial rent control is all the rage these days as a potential policy response to the proliferation of retail vacancies and chain stores. The City Council is set to convene a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 16th, 2018

Questions for the council as it considers commercial rent control

On Monday the City Council will hold a hearing on a bill to impose commercial rent control in the city by requiring binding arbitration in rent disputes in an effort to help small retailers. Before... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 19th, 2018

Union comes out against commercial-rent-control bill

A large service workers union plans to testify against the City Council's commercial-rent-control bill next week. The legislation would give commercial tenants the right to a lease renewal, and, if a... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 19th, 2018

Building Congress bashes commercial rent control bill ahead of hearing

The New York Building Congress has entered the scrum over a City Council.....»»

Category: realestateSource: realestateweeklyOct 22nd, 2018

Biz group to council: Not another step on commercial rent control

Ahead of today's City Council hearing on the Small Business Jobs Survival Act—better known as commercial rent control—the New York Building Congress has asked Speaker Corey Johnson to examine the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 22nd, 2018

Council speaker admits commercial-rent-control bill is flawed

At a five-hour hearing Monday, City Council Speaker Corey Johnson struggled with a controversial bill that would protect retail and office tenants from rent increases.Johnson described the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 23rd, 2018

Biz groups to council: Not another step on commercial rent control

Ahead of today's City Council hearing on the Small Business Jobs Survival Act—better known as commercial rent control—the New York Building Congress has asked Speaker Corey Johnson to examine the... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 23rd, 2018

BANKS: Making Our Voices Heard for the Betterment of New York City

Last week, I had the great privilege of standing with more than 100 REBNY members who attended a public hearing on commercial rent control legislation.  I want to sincerely than.....»»

Category: realestateSource: realestateweeklyOct 30th, 2018