NYC’s stabilized apartments will see rent increases of 3.25% and 5% "More than two million New Yorkers who live in rent-stabilized apartments could see their rent increase by the largest percentage in a decade. The Rent Guidelines Board on Tuesday voted to approve a 3.25 percent increase for one-year leases and 5 percent for two-year leases that start on or after October 1. For the roughly one million rent-stabilized apartments, the rent hikes are the highest seen in the city since 2013." (6sqft)
MTA CEO Puts it in Blunt Terms: ‘Without Congestion Pricing, Forget 2nd Ave. Subway, E-Buses or ADA Work’ "The question of whether congestion pricing should be delayed or not done at all has come up at recent gubernatorial primary debates. In the Democratic debate, Gov. Hochul wavered, but then cleaned up her comments on whether it should be delayed, while her rival Tom Suozzi called for a delay (only Jumaane Williams explicitly called for immediate implementation). All the Republican candidates for governor have said they would stop congestion pricing from happening at all — though none has said how he would fund the MTA beyond vague promises of cost-cutting." (Streetsblog NYC)
NIMBY development fight aims to preserve ‘slice of suburbia’ in the East Bronx "A plan to redevelop two vacant lots and a Super Foodtown supermarket in the East Bronx neighborhood of Throggs Neck has ignited outrage among longtime residents, sparked allegations of racism and triggered threats to various parties involved." (Gothamist)
Pleading Return to Office Isn’t Getting Traction — But Mixing Where New Yorkers Live and Work Just Might "Economic leaders are grappling toward breakthrough ideas for how to reboot the city for a post-pandemic world. An Adams-Hochul panel promises concrete plans by October." (THE CITY)
Developer set to build city’s first geothermal powered hotel in Bushwick "The once-derelict lot at 27 Stewart Avenue in Bushwick had been earmarked for a nine-story hotel since plans were filed in 2015, but with little to no progress in the past seven years, the site — also a brownfield — instead turned into a local dumping ground." (Brooklyn Paper)
MTA settles lawsuits, agrees to make 95% of subway stations accessible by 2055 "The Metropolitan Transportation Authority aims to render 95% of its 493 subway and Staten Island Railway stations compliant with the Americans with Disabilities Act over the next 33 years by spending a set portion of its massive five-year capital project plans on accessibility, said the agency’s chief Janno Lieber Wednesday." (amNY)
