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October 15, 2024

Lefty NYC Council Add-Ons to Mayor’s ‘City of Yes’ Would Worse Housing Crisis

…housing has crumbled. Here’s something Speaker Adams and the entire City Council should ponder: Under Argentina’s libertarian President Javier Milei, that country’s largest city, Buenos Aires, precipitously “scrapped” its rent…

October 2, 2024

AOC’s “Social Housing” Dead End

…investment fall. One indicator of the popularity of AOC’s vision: at a time of sharply rising housing demand, median prices for Co-op City units last year fell 43 percent. Still, Ocasio-Cortez hopes…

August 16, 2024

The Harris Campaign’s Foolish Down-Payment-Assistance Scheme

…report aptly titled “External Effects of Concentrated Mortgage Foreclosures,” found that “high-exposure neighborhoods tend to have a greater proportion of black and Hispanic residents, lower median incomes, lower median sales…

March 21, 2024

It’s Not Just Minority Neighborhoods—NYC’s Entire Property-Tax System Needs Reform

…if they’re rental properties. Small rental buildings in The Bronx are valued more highly than those in Brooklyn. Median assessed home values in Manhattan are lower than those in the…

February 23, 2024

After Milton’s MBTA Housing Defeat, The Way Forward Is With Persuasion, Not Mandates

…Morever, this should not be framed in racial terms: 16 percent of Milton’s residents are Black, and 15 percent are Asian American, Latino, or multiracial. There’s another way to get residents…

February 6, 2024

NYCHA Corruption Means It’s Time To Privatize

…lied about a vital public-health matter — conducting lead-paint inspections of apartments — we learn NYCHA supervisors solicited bribes in exchange for no-bid repair contracts. US Attorney Damian Williams charged 70 NYCHA…

December 11, 2023

How Public Housing Encourages Single Parenthood and Penalizes Marriage

…data from HUD’s Office of Policy Development and Research, median income per person in public and subsidized housing is just $8,000 today, and 77 % of tenants are classified as “lowest-income”…

November 9, 2023

What Dems — And NYC — Can Learn From The GOP’s Bronx City Council Win

…are all mixed, they are black, Spanish, Indian,” she said. “I feel sad because why they doing this, I don’t understand.” That’s how a Republican can win in a district…

August 5, 2023

Rent Control ‘Shabbifying’ NY’s Housing As Owners Feel the Squeeze

…disappeared. The difference between median regulated rents ($1,400) and unregulated rents ($1,825) is not nearly as great as protestors would have folks think. And the rising vacancy rate suggests market…

July 30, 2023

26 Miles of Scaffolding Blights NYC’s Public Housing, Some Up for 10 Years

No New York pedestrian would disagree with Eric Adam’s characterization of the city’s ubiquitous sidewalk sheds at stalled construction sites as “ugly little green boxes.”  But his targeting of private…