Phasing out rent-regulation may hurt a bit, but in the long-run regulation has done more damage than good. Along with loosening zoning restrictions, freeing up apartments to market rents will help lessen the housing shortage citywide.New York Daily News: Tenants say rent-regulated apartments … [Read more...]
125th Street Rezoning
Collectivists planned to join "Hands Across Harlem" to stop developers from further exercising their property rights. However, they only managed to gather a small crowd.New York Observer: 125th Street Rezoning Rally: 1968 Tries AgainCity Council Could Approve 125th Street Rezoning … [Read more...]
NY Times: West Side Redevelopment Plans in Disarray
All these different players trying to "plan" economic growth could end up smothering it. Instead of letting the developer take the risk, politicians want to play hero.NY Times: West Side Redevelopment Plans in DisarrayCurbed: West Side Doom & Gloom: Moynihan the Key for Megaprojects … [Read more...]