New York Is Passing a Big Housing Deal. Everyone Is Grumbling.

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    • Subject Terms:
      NEW York (State); NEW York (N.Y.)
    • Abstract:
      New York politicians have brokered a complex deal to address the state's housing crisis, which includes measures to increase affordable housing and provide stronger eviction protections. The deal, considered the biggest overhaul to New York housing policy in decades, involves "good cause" eviction protections in exchange for new developer tax breaks. The package also includes incentives for converting offices into apartments and adjustments to regulations on renovating rent-regulated units. While the deal aims to address the state's affordability problem, advocates are questioning its effectiveness and coverage. [Extracted from the article]
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