Nearly 700,000 rent-stabilized homes need a $4.65 billion bailout

Send us Fan MailWith expenses far outpacing rents, urgent policy reforms are needed to avoid widespread default in distressed affordable housing. We examine new reports from NYHC and NYAA. Kenny also has the latest on COPA and the Kingston rent control saga — and be sure to check out the brand-new edition of Housing New York Magazine.Plus, do you or someone you know qualify for a rent freeze? This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:09: NYHC report says policy reforms needed to avert affordable housing failure→ Bloomberg: NYC’s Squeezed Landlords Need $1 Billion to Help Avoid Default       → NYAA: $4.65 Billion Rent-Stabilized Building Bailout Needed3:44: City Council rewrites COPA 5:31: Kingston update 7:03: Do you qualify for a rent freeze? Spreading the word on SCRIE & DRIE→ Check if you or someone you know qualifies at nyc.gov/rentfreeze 8:40: Kenny’s holiday housing wishlist 9:05: Year-end compliance crunch checklist Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok