Plus, owners aren't holding apartments off the market because they want to, they're doing it because they can't afford not to.
And there are only two things certain in life: Death, and New York City’s unjust property tax system.
This is your New York Apartment Association weekly update with CEO Kenny Burgos.
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On The Agenda
0:57: Housing on the Ballot: New Yorkers will vote on housing measures in November
→ Check out the Charter Revision Commission’s ballot questions here.
1:45: NYC’s Unlocking Doors program has no takers
→ Just two owners applied; they both dropped out.
3:48: “NYC retirees got burned by bets on rent-stabilized apartments”
→ Could the 2019 Rent Laws have something to do with it?
6:02: [Death] & Property Taxes
7:32: The fight over CityFHEPS
8:52: Polling & the November election: How you ask a question matters.
→ The more New Yorkers learn about Zohran Mamdani’s proposed rent freeze, the less they support it.
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