Housing New York with Kenny Burgos

Send a textWith 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

Send a textThe latest NYU Furman Center report provides a data-rich picture of New York’s rent-stabilized housing woes. Plus, residential insurance costs are one of the biggest reasons affordable housing is in so much trouble. NYAA testifies before the state Senate.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Check out the latest edition of Housing New York MagazineFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:11: NYU Furman Center brings the data on NYC’s rent-stabilized housing stock4:07: NYAA testifies: untenable insurance premiums & the high cost of fraud   → Watch NYAA Policy Director Kathleen Irwin’s full testimony before the NY State Senate 6:26: COPA and the City Council8:09: The who's who of Mayor-elect Mamdani’s housing-focused transition team   → Mamdani selects several corporate executives to mollify city’s business community10:02: Julie Menin declares victory in City Council speaker raceVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, we explain how rent controls lead to market paralysis and a tale of two cities.And we have an exciting new partnership to tell you about. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Check out the latest edition of Housing New York MagazineFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:14: Mamdani won. Now what?3:13: Recap: Somos 20254:27: Rent freezes have consequences the world over6:03: NYAA joins the National Apartment Association 7:00: Uptown turkey giveaway 🦃Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textTwo new reports show rents aren’t covering operating costs in stabilized buildings and project it will cost billions to save them.Plus, the insurance-cost crisis has finally captured the attention of state lawmakers. And we took a trip to Vienna, Austria. What we learned may surprise you. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Check out the latest edition of Housing New York MagazineFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:11: ANHD and Enterprise sound the alarm3:35: Should Mayor Adams stack the RGB on his way out?5:14: The Legislature: Insurance crisis hearing scheduled for Tuesday, Nov. 186:09: Is NYC Cooked? 9:00: Preview: Housing lessons from Vienna Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textLeading mayoral candidate Zohran Mamdani has yet to take a stand on ballot questions 2, 3, and 4 — and he’s hinted that his $10 billion campaign platform might require a new funding mechanism. Plus, we break down the numbers behind last year’s 250,000 heating complaints.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:12: Housing on the ballot→ Learn more about each ballot proposal here3:35: Heat complaints in context 5:14: Why we oppose a rent freeze6:09: Mamadani’s “Plan B”Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textOlder, fully-stabilized buildings with capped revenues are in a death spiral. Plus, we analyze the FARE Act’s impacts with the help of a new report from Open Igloo. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:12: “The rent is too damn high” (and not nearly high enough)→ Read: Howard Slatkin for Vital City 3:35: The ‘FARE Act’ effect→ Read: Open Igloo’s NYC Summer 2025 Rent Report 5:14: Kenny joins NY1’s Inside City Hall with Errol Louis 6:09: Bill de Blasio confirms the RGB is an independent body→ Read the full interview from The New York Editorial Board7:09: Finding common ground with Jacobin’s Bhaskar Sunkara→ Watch: Conversations with Coleman: Capitalist vs. Socialist on Rent ControlsVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, owners aren't holding apartments off the market because they want to, they're doing it because they can't afford not to.And there are only two things certain in life: Death, and New York City’s unjust property tax system.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda0:57: Housing on the Ballot: New Yorkers will vote on housing measures in November→ Check out the Charter Revision Commission’s ballot questions here.1:45:  NYC’s Unlocking Doors program has no takers → Just two owners applied; they both dropped out.3:48: “NYC retirees got burned by bets on rent-stabilized apartments” → Could the 2019 Rent Laws have something to do with it?6:02: [Death] & Property Taxes7:32:  The fight over CityFHEPS8:52: Polling & the November election: How you ask a question matters.→ The more New Yorkers learn about Zohran Mamdani’s proposed rent freeze, the less they support it.Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, Kenny explains the sudden boom in 99-unit apartment buildings, why housing court policy drives up rents, and whether rent freezes are even constitutional. (It depends.)This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:32: The Charter Revision Commission is on the ballot2:51:  The 99-unit building boom explained 5:08: HPD clogged housing pipeline encourages corruption6:14: Housing court delays and high cost of eviction protections7:30:  Are rent freezes even constitutional? Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textWe break down the politics of the rent freeze. Plus, stick around for an excerpt of Kenny’s conversation with New Rochelle Mayor Yadira Ramos-Herbert about why they’re actually building enough housing to keep up with demand.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:15: Rent Freeze politics 2:42: The Community Preservation Corporation says foreclosures and delinquencies are hitting nonprofit housing too.→ Read more in The City & The Real Deal3:57: City Council member Carlina Rivera will be the next leader of NYSAFAH — the New York State Association for Affordable Housing. Congrats! 4:35: Rent-stabilization experiment in Kingston hits another snag 6:04: Preview: Kenny tours New Rochelle with Mayor Yadira Ramos-Herbert to learn about her “tried and true” recipe for housing success. Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, New York is bucking the national trend on evictions — with far fewer than everywhere else in the country. And we propose a small tweak to the 2019 rent laws that could boost home ownership.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:29: Evaluating Mayor Adams’ housing claims 3:26: Survey shows ~25% of elderly New Yorkers struggle to pay their bills→ Report: Less than half of eligible residents are signed up for SCRIE4:41: Why NYC needs an eviction diversion program 6:07: Unsustainable climate-change policies 8:49: Want to boost home ownership? Make co-op conversions possible againVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textWe mark our 50th episode with a reflection on the year that was. Plus, federal budget cuts are coming for housing in New York.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda2:09: Good news for city vouchers03:28: Cuomo calls to repeal the Urstadt Law05:10: Climate change and rent stabilization 06:55: Proposed cuts to the federal housing budget→ Read the letter Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, we recap some smart ideas proposed in Gov. Hochul’s new Aging Master Plan. And it’s summertime, which means we’re trying to take it easy. To that end, the Housing New York podcast will now publish every two weeks through the end of August. So the next EP will drop on July 22. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:22: The Rent Guidelines Board3:37: Housing and Vacancy Survey switchup  5:05: Governor Hochul’s Master Plan for Aging→ REGISTER HERE for City & State’s July 24 Aging Summit6:30: NYC Charter Revision Commission’s interim report suggests changes to ULURP and open primary elections7:39: Reflecting on the the mayoral raceVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textAnd today is the last day to cast your vote for New York City’s next mayor. Get out there if you haven’t already and make a plan to stay cool because it’s really hot out there.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:10: Rent Guidelines Board set to vote June 303:42: NYCHA is sitting on more than 8K vacant apartments → NYAA’s City Council testimony 4:07: Cool new Census tool: the Housing Unit Change Viewer5:44: Kingston rent control survives legal challenge7:30: New release: Housing New York Magazine – Q2 2025Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textNew York City is at a crossroads. How the city votes in this month’s mayoral election will help determine New York City housing policy for years to come. Make a plan to vote on or ahead of June 24 – the day the polls close. The future of the city’s rent-stabilized housing stock hangs in the balance.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:20: Why a rent freeze is bad for most renters — and why independent experts & The New York Times Editorial Board agree3:08: SCRIE and DRIE: existing rent-freeze policy that actually works — and our commitment to help qualified renters access the program 4:07: The Rent Guidelines Board is not the mayor’s plaything5:30: The FARE Act takes effect: listings pulled off StreetEasy, rent increases reported in Manhattan & REBNY’s ongoing legal challenge to the law.6:19: NYC to end the Unit Hold Incentive Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textEarly voting begins Saturday, June 14, so let’s all make a plan to get to the polls. Also, we look at why the Community Opportunity To Purchase Act (COPA) should concern everyone. And with summer finally here, we get into the rules and guidelines around air conditioning. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:12: Mayoral race update2:25: The FARE Act takes effect on Wednesday  → More on what to expect 3:37: The Community Opportunity To Purchase Act (COPA)5:37: Air conditioners: rules & guidelines 7:32: Rent Guidelines Board hearings Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, more evidence that state housing policy passed in 2024 is failing to meet the moment; and a Trump administration plan that could upend public housing in New York City.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:09: State of the mayor’s race: How the candidates plan to solve the housing crisis → Mamdani surges into second behind Cuomo3:48: NYC housing wins→ Council OKs 4,600 apartments along Atlantic Ave. in Brooklyn 4:54: The failure of 485x 6:28: Trump administration plan could displace 300,000 New Yorkers 7:34: Jolie MilsteinVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textRent-stabilized buildings are approaching a ‘death spiral’. The city must act before it's too late.Plus, co-ops are also struggling with soaring housing costs, and we take a moment to remember former Congressman and New York City legend Charlie Rangel.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:21 'The Crisis Has Already Started': Inside The Finances Of 4,300 Rent-Stabilized NYC Apartments→ Thousands of rent-stabilized NYC apartments face foreclosure in tenant ‘bloodbath’3:24: The Rent Guidelines Board’s rare revote  → Citizens Budget Commission: Rent-stabilized buildings approaching a “death spiral”4:43: Co-op costs set to skyrocket6:06: Charlie Rangel: a New York legendVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, the urgent need to reform Housing Court and the false promise of the Community Opportunity to Purchase Act.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:17 Rent freeze: the politics vs. the math→ Watch Kenny on NY1 → Watch Kenny on PIX11→ Furman Center testimony 5:02: Why we must reform housing court → Read the report6:26: Basement apartments7:58: Permits to build new apartments have plummeted nationally 9:05: False Hope: the Community Opportunity To Purchase Act (COPA)Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThis is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:04: Housing in the state budget: winners & losers  2:44: Trump budget proposal could devastate New York’s Section 8 voucher system3:55: Reconsidering SROs and other creative living arrangements in a housing crisis  5:50: How this 1,229 unit rent-stabilized building in Harlem failed to break even 7:30: Despite pause, tariff uncertainty continues Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, mayoral candidates are pressed on rent freeze rhetoric and we recap Kenny’s panel discussion about homelessness and vouchers. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:13: Rent Guidelines Board’s April 30 meeting 3:24: RGB independence & election pandering4:41: CityFHEPs changes & HPD’s ridiculous cost schedule 6:39: FARE Act update 7:23: Kenny speaks at HELP USA’s Upstream 2025 Solutions to HomelessnessVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, HPD has changed the rules on a key program. We’ll tell you why this will reduce homelessness.  And don’t miss Kenny, along with Social Services Commissioner Molly Park and others, at Wednesday’s UPSTREAM 2025: Frontline Solutions to Homelessness.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:10: State budget update: housing vouchers are back on the table2:26: Grim national housing outlook→ Denver apartment vacancies hit 15-year high→ Austin rents have fallen for nearly two years→ The oversupply era is over? Multifamily owners eye upside3:12: City to ease rules on re-renting affordable apartments → Vacant Affordable Apartments to Now Be Filled on First-Come, First-Served Basis4:23: Why is a 43-unit rent-stabilized building selling for less than a four-family home!? 6:21: Rent Guidelines Board update Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, a break on composting fines for some — but not large apartment building owners. And we support a Housing Court alternative. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:05: RGB calls for 6.25% hike rent hike → 2025 Price Index of Operating Costs2:56: Mayor Adams signs legislation to remove sheds & scaffolding 3:39: State of the State Budget: It’s still late4:34: A partial rollback on composting fines5:29: Housing Court is broken. We need to try an eviction diversion program instead.Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThis is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:05: NYU Furman Center testimony: stabilized buildings in distress2:47: What’s next for the Rent Guidelines Board3:56: Update: Composting fines → A group of NYC councilmembers push to end composting mandate 4:44: The mayor’s race: Andrew Cuomo’s housing plan is light on details5:36: Political notebookVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, tariffs hit housing right where it hurts, and Kenny recaps his newfound fame as the voice of reason against unfair composting fines. And for the record, we do not dispute the positive impacts of composting – just the fines.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:47: Kenny’s op-ed: “Save our buildings — or the Bronx will ‘burn’ again” 3:23: Tariffs will hit housing right where it hurts → NAHB analysis: How tariffs impact the home building industry 5:51: State of the mayor’s race: Dem candidate Zellnor Myrie blames Andrew Cuomo for failure to build housing as governor→ “They pushed for Cuomo to resign. Now they’re clearing his comeback path”→ “Thousands of Jewish voters register as Dems for the NYC mayoral primary”6:23: Gov. Hochul backs the FARE Act7:39: Kenny has had it with NYC’s unfair composting fines Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, new scaffolding regulations, new composting fines, and New York’s looming budget crisis. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:16: Correcting the record: RGB data doesn’t pass the smell test→ 2025 Income & Expense report3:53: City Council passes new scaffold-shed regulations 5:07: New York’s looming budget crisis 6:08: Mayoral race update 7:31: This week: Composting fines go into effect Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, we welcome NYAA’s newest teammate: Senior Vice President Woody Pascal.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:11: Abundance by Ezra Klein and Derek Thompson 2:59: Federal update: Shakeup at Fannie Freddie4:07: The insatiable demand for housing vouchers 5:38: The Rent Guidelines Board meets on Thursday → Last year’s Income & Expense report data 7:39: Some good news: Introducing NYAA Senior Vice President Woody PascalVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, we explain why New York can no longer rely on federal funding, so politicians should change their thinking. This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda0:57: Mayor Adams announces new Rent Guidelines Board members2:35: Climate law compliance: LL97 & why building owners might not comply4:09: Feds rescind funding for nonprofit homeless housing 5:29: New documents shed light on Signature Bank failure 7:17: Housing permitting is downVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, delays in Section 8 voucher payments blamed on federal ‘chaos,’ and there’s a new deputy mayor in town.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:42: Lenders are refusing to finance older rent-stabilized buildings 3:13: Adolfo Carrión named deputy mayor for housing4:39: Federal ‘chaos’ blamed for Section 8 delay  6:00: Gas-detector compliance deadline is May 17:12: Brad Lander and ‘government brain’Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, the skinny on HPD’s lead-based paint rules.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:34 Gov. Andrew Cuomo enters the mayor’s race3:58: HUD cuts expected (and projected)5:42: New rules finalized on lead-based paint 7:44: Insurance compacts8:53: Buildings in declineVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, it’s been the coldest winter in a decade. We explain why so many NYC buildings experience uneven heating distribution, and why most 311 heat complaints come to nothing.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:32: City Hall update2:43: A welcome update on ConEd’s proposed rate hike3:50: Mandatory sprinkler systems proposal5:05: LLC compliance update 6:03: The coldest winter in a decade Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, we’ll look at why SCRIE and DRIE are great programs that should be expanded, and listen for a mea culpa from Kenny about our comments on energy prices last week.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:32: Chaos at City Hall3:18: SCRIE & DRIE4:21: HPD launches ‘J-51’ portal6:06: NYC Charter Commission 8:03: ConEd & Gov. Kathy HochulVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, what’s worse than Hurricane Sandy? We look at New York City’s 15-year flood risk.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us questions or comments at [email protected] On The Agenda1:29: Section 8 chaos→ Delayed NYCHA payments have resumed3:12: Energy price spikes & political hypocrisy → Con Ed proposes double-digit hike for 2026→ The utility raised electric rates 9.1% in 2023 → Wardean Squire-Askew’s story 5:24: Flood Report: NYC could see LA-level housing loss in the next decade 7:00: Will Good Cause Eviction raise New Yorkers’ rents?→ Meanwhile, Upstate: Syracuse Common Council withdraws Good Cause Eviction proposal 8:03: Albany lawmakers bullish on Housing Access Voucher Program (HAVP), but Gov. Hochul says program is too expensive → Plus, Kenny rejects the premise that housing vouchers are inherently discriminatory (Read the original story) Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, why does rebuilding after a fire take so long? And New York is the only place we know that ties rent stabilization to a perpetual housing emergency – thereby maintaining a perpetual disincentive to build new housing.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us comments or questions at [email protected] On The Agenda1:34: Rent-stabilized buildings & the banks holding their loans are in serious trouble     → Flagstar, formerly NYCB, dumps $142M in rent-stabilized loans       → Flagstar reports 500% pop in past due debts as rent-stabilized purge continues    → Bank’s multifamily loans at default risk skyrocket       → SEC asks New York banks to reveal their exposure to rent-stabilized loans    → Extend-and-pretend still reigns supreme3:32: Why it takes so long to rebuild after a fire5:23: Glorifying rent-stabilized tenants (and what gets lost)6:48: The latest on rent stabilization in Kingston8:35: Albany legislative sessionVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, more evidence that voucher holders are struggling to connect with housing, the latest on TENNY’s lawsuit over unfair property taxes, and some context regarding the Worst Landlords List.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack Send us comments or questions at [email protected] On The Agenda1:29: Few housing surprises in Gov. Kathy Hochul’s $252 billion budget proposal 2:47: Voucher woes → New York City Mayor Eric Adams pledged some 12,000 new vouchers in 2024, but NYCHA only dispersed about 1,500 vouchers among the 200,000-odd households on the waitlist. Today, just 134 of those new voucher holders have found a place to live.→ The case for an Abundance Agenda4:21: TENNY lawsuit latest → Tax Equity Now New York filed a motion for summary judgment to force the city to change how some property values are calculated, ahead of the Feb. 20th deadline before which the city must notify property owners about any tax increases.5:59: Queens squatter pleads guilty7:15: Rezoning Midtown for housing8:39: The Worst Landlords List isn’t helpfulVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThousands of buildings will fail if the laws remain unchanged or the government doesn’t provide aid. Plus, if your rent is $2,500 in New York City, you are basically paying the same amount in property taxes as a million-dollar single-family home.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:23: SEC investigates NY banks’ exposure to “toxic” rent-stabilized loans→ Read the letter here3:07: City continues to raise taxes on rent-stabilized buildings 4:42: Kathy Hochul’s State of the State Address6:14: Local Law 97 compliance update→ For those seeking an extension, make sure to hire a registered design professional or retro-commissioning agent before Feb 1st.→ Compliance reports are due May 1st.→ Building owners can ask for a 60-day grace period to file reports. For help, please contact our office.6:53: L.A. climate migrants seek housing in New York Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThe 2025 session is upon us, and while we’re hoping state lawmakers take up new housing legislation again in 2025, we’re not counting on it. Plus, we look at Mayor Adams’ State of the City, and highlight the major reason behind a decline in co-op conversions.This is your New York Apartment Association weekly update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:28: The view from Albany 2:47: Mayor Adams’ State of the City 4:29: Campaign contributions: Is the ‘real estate pledge’ really dead? 5:45: ‘Warehousing’ – or lack-thereof 7:41: Co-op & condo conversions have stalled out. Let’s change that.Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textHappy New Year! We’re back and ready to fight harder than ever for housing abundance in 2025. This is your New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on InstagramXTikTokYouTube&Substack On The Agenda1:16: Office of Rent Administration Annual Report Go deeper: Kenny breaks down operating costs in SF vs. NY3:18: Preview: State of City & State of the State 4:42: New York’s Census crisis is New York’s housing crisis 6:12: Safe e-bike charging initiative 7:39: Kingston Mayor Steve Noble’s open letter to the Common Council Update: Common Council tables resolution lowering affordable rent definitionVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThe citywide housing reforms passed in 2024 are a welcome step in the right direction.New York Apartment Association CEO Kenny Burgos takes stock of the year in housing, and calls on all New Yorkers to demand bold leadership and smarter solutions from lawmakers in 2025. We see a future where New York housing is abundant, high-quality and affordable. But we must first find the courage to pass the pro-growth policies at a scale necessary to beat this housing crisis. Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:15: Housing in the State Budget (485x, Good Cause Eviction & IAIs)3:10: Housing in the Courts (LeFrak & TENNY lawsuits, SCOTUS rulings)4:35: The Rent Guidelines Board 6:43: Housing in New York City (City of Yes, vouchers, J-51 & the FARE Act)8:50: NYAA launchVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, comptroller and mayoral candidate Brad Lander weighs in on the housing crisis, and what’s going on in Kingston?This is your New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:16: Mayor announces another Charter Commission 2:47:  Could broker-fee ban really create a black market?4:32: The comptroller’s housing pitch6:41: What’s up with Kingston?8:09: Housing violations lead to $6.5 million settlement Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus there’s a new J-51 Tax Break in town, and The Times reports mortgage regulators are turning a blind eye to climate risk. This is your New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda 01:26: Mayoral forum includes housing discussion 02:55: City Council restarts J-51 tax break, with amendments 05:10: Bankruptcy data for rent-stabilized buildings (or lack thereof) 06:17: Climate change: Mortgage Regulators Are Shrugging Off Climate Risk07:47: Is rental inflation solvable in New York City? Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThe City of Yes for Housing Opportunity heads for a full vote in the City Council later this week. Plus, we discuss President Trump’s new pick for Housing Secretary. This is your New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:04: City of Yes set for full Council vote later this week2:13: Tim Scott is Trump’s choice for HUD Secretary 3:24: Poughkeepsie rent stabilization stopped5:27: The Housing Crunch revisited – a series from The New York Times Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textPlus, the importance of giving back to our neighbors, all year round. This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Happy Thanksgiving everyone.Follow NYAA on BlueSky: @housing.bsky.socialFollow @housingny on Instagram X TikTok YouTube & Substack On The Agenda1:20: City of Yes compromise 2:58: Vacant Apartments 4:21: City Council to approve new J-51 tax abatement program (12/5 Stated Meeting)5:43:  The Housing Crunch – a series from The New York Times6:50: Giving back to our neighbors in needVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textWe compare two apartment buildings on the same block in Queens: one is rent-stabilized, the other is not. One pays property taxes while the other does not. Guess which one is financially sustainable, and which one is not.This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA on BlueSky: @housing.bsky.socialFollow us @housingny on Instagram X TikTok & YouTube And on Substack On The Agenda1:14: Rent-Stabilized Buildings are in Trouble 2:58: Passage of the FARE Act4:21: Parking minimums and the City of Yes 5:35: A message from Mayor Eric Adams7:06: Supreme Court housing case: Neil Gorsuch dissents  Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThis is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda2:19: The election results and NYAA’s renewed focus on housing 4:02: A Democratic backlash against the real estate industry? Don’t worry about it.4:50: Good Cause Eviction: 1719 Gates LLC v Torres 6:11: Months-long timelines & delays in Queens Housing Court 7:58: Driving inflation: New York City’s broken housing market  Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThe New York City Council introduces City For All, billed as a companion piece to Mayor Adams’ City of Yes housing plan. A California judge deems San Francisco’s Vacancy Tax Law unconstitutional. REBNY proposes an alternative Broker Bill, and lead paint abatement deadline looms.This is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny Vist our website for more information.On The Agenda1:17: State Comptroller finds NYC Dept. of Social Services ineffective at processing housing vouchers for homeless New Yorkers2:45: City of Yes vs. City For All3:55: Broker Fee update: REBNY proposed alternative bill5:31: Back to Cali: Judge blocks San Francisco’s Vacancy Tax Law6:49: ‘More than 10,000 NYCHA apartments abated for lead’ Summer 2025 is the deadline for lead paint testing in rent stabilized apartment buildings Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textThis is your New York Apartment Association weekly news update with CEO Kenny Burgos. Follow NYAA @housingny On The Agenda1:12: New York Community Bank sees 990% increase in multifamily loan delinquencies 2:32:  New York City Council expected to eliminate broker fees for tenants 4:00:  Local Law 157: What you need to know about the gas detector mandate 5:45: New housing construction shortfall → REBNY: Q3 2024 Construction Pipeline Report / NYBC: 2024-2026 Construction Outlook6:35: How the Rent Guidelines Board really works7:23: 2024 RGB research snapshotGrowing financial distress in older rent-stabilized buildings in The Bronx, Northern Manhattan, and parts of Queens and Brooklyn. Property taxes account for roughly 30% of the rent checks for older rent-stabilized buildings.Operating costs continue to grow faster than inflation, including a staggering 22% increase in insurance costs.Interest rates remain high, making it difficult for landlords to access capital for crucial maintenance and repairs.Median rent-stabilized rents are $1,322, which is 26% of median rent-stabilized household income.Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textWhy the first citywide zoning change proposed in over 60 years must pass. Plus, a smarter fix for the homeless crisis and a ballot proposition to watch in California this election.This is your New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA @housingny On The AgendaOrganizing the City of Yes coalition State audit finds Human Rights Division mishandled housing discrimination complaints & the Daily News Editorial Board says DHR must fix housing investigations Finding the right balance: Scaffolding sheds & Local Law 11 A smarter fix: housing vouchers could help ease our homeless crisis. Meanwhile, the DOI finds systemic risk, nepotism and massive salaries at nonprofits responsible for NYC homeless shelters. All eyes on California: Proposition 33 would repeal Costa Hawkins, paving the way for rent control in the Golden StateVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textYour New York Apartment Association weekly news update with CEO Kenny Burgos.Follow NYAA @housingny On The AgendaCity of Yes  – City Limits Rent-regulated apartment values have fallen by 67% since 2019  – Crain’sEconomic Challenge for the Rent Guidelines Board  – NYU Furman CenterWater Bills: Examining rate-setting & billing structures – NYC Independent Budget OfficeInvestigation finds dozens of injury lawsuits from people living in same apartment buildings– ABC7  Visit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textLast month, the New York Apartment Association officially formed as a merger between the Community Housing Improvement Program and the Rent Stabilization Association. NYAA CEO Kenny Burgos discusses the housing policy news we’re keeping an eye on this fall, and delivers a message on the turbulent political situation at City Hall.On The AgendaHousing VouchersA new ‘J-51’ tax break?A new Third Party Transfer (TPT) program?G-MAX Management v. New YorkVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok

Send a textWith temperatures rising in New York, one ambitious City Council member is proposing a law that would make landlords responsible for keeping everyone cool. Jay explains why the plan is wholly unrealistic – and better designed for grabbing headlines.Plus, housing has become a hot topic in the presidential election. We examine the White House’s rent control proposal and other housing policies we’d like to throw cold water on. Stories cited in this episode: The Times: New York City Bill Would Mandate Air-Conditioning for TenantsCrain’s: State’s home AC program runs out of money as heat-related illnesses climbReason: Joe Biden Loves Rent Control, J.D. Vance Hates BlackRockBloomberg: Biden’s Rent Control Plan Will Make the Housing Crisis WorseReason: Coconut Trees, Price Controls, and Demand SubsidiesJay Martin: Bronx buildings in fiscal free fallThe Real Deal: “Not even distressed” rent-stabilized property sells for peanutsBisNow: Nearly 300 Banks Are Vulnerable Because Of Their CRE Loans, Study FindsVisit our website for more information.Follow Us:BlueSkyXInstagramTiktok