In New York, lawmakers are currently debating a compromise between New York City and upstate interests to change the policies that shape residents' housing costs. New York City lawmakers are fighting for an extension and expansion of current rent control laws, while Governor Cuomo wants to tie this … [Read more...]
Five union work rules that harm transit productivity
Since Alon's comment a few weeks ago that union work rules, not wages and benefits, are the real problem with labor unions at America's transit authorities, I've been looking into the matter, which seems to be something that a lot of transit boosters don't like to talk about. It's an uncomfortable … [Read more...]
“The Joys of Staying Put,” or “The Joys of Rent Control”?
The New York Times is unusually good at ignoring economic forces at play in land use and transport markets, but I think this piece called "The Joys of Staying Put" by Constance Rosenblum takes the cake. Here's a quote: New Yorkers typically move a lot. Prompted by the arrival of a partner or a … [Read more...]
NYC tries to fine its way out of the laws of supply and demand
Having failed to deregulate New York City's highly restrictive taxicab market, it looks like City Council and Bloomberg are opting for the populist reaction to NYC cabdrivers' frequent refusal to take you anywhere outside Manhattan and, if you're lucky, northwest Brooklyn: fines. Quoteth the Wall … [Read more...]
Alon Levy has a blog! Or: How Florida’s HSR money is being wasted in New York
Longtime commenter Alon Levy...has a blog! So far there's only one post up – a critique of one $295 million "HSR" grant for New York, money that was originally intended for Florida – but it's a good one, and I recommend everyone add the blog to their feed readers. He gets into the nitty-gritty … [Read more...]
Garden apartments and letting go, then and now
In doing research for a post the other day, I stumbled upon this excerpt from a book called A History of Housing in New York City by Richard Plunz that I think has a useful lesson about development and regulation: The garden apartment would not have emerged unless it was profitable. In this aspect … [Read more...]
The irony of preserving that which was intended to destroy
From the front lines of the New York City preservation wars, one landlord is trying to convince the Landmarks Preservation Commission to allow him to demolish two of his landmarked buildings on the Upper East Side – something the commission has only approved 11 times for the 27,000 landmarks it … [Read more...]
Links: “At least they’re being honest” edition
1. NY Governor Cuomo promises the "most aggressive" strengthening of the state's (read: NYC's) rent laws.2. Bronx <3 parking: "This community wants a moratorium on any more building until we get a parking lot." "We don't want any bigger buildings and we want parking space for everyone."3. … [Read more...]