In a Switch, Buyer of $1.2 Billion in Market-Rate Apartments Opts for Rent Limits - Wall Street Journal
"...L+M and Invesco have agreed to subject the apartments to rent regulations in exchange for deep property-tax breaks. The idea is that the value of the tax break will make up for the lost rent from the 2,800 apartments in East Harlem and Roosevelt Island. [...] city officials and investors have dusted off a 1960s-era city tax-exemption program known as Article XI. The provision allows the city to negotiate individual deals with property owners."
NYC firehouse network at risk as FCC limits cable fees to cities - Crain's New York Business
"Cable systems around the U.S. provide towns and cities with public-access channels showing school board and city council meetings, as well as networks like one that keeps New York City’s firefighters connected to the internet. The services are provided for free—but probably not for long. [...] At issue in Thursday’s [FCC] vote are in-kind services that towns, counties and cities receive in addition to fees, which are capped at 5% of revenue. Examples of the services include discounts for seniors, channels for community use, and information networks that link government buildings."
In Harlem and Roosevelt Island, nearly 2,000 apartments will go affordable - Curbed
She Was Arrested at 14. Then Her Photo Went to a Facial Recognition Database - NYTimes
Council Speaker Corey Johnson unveils plan to combat hunger – including more ‘deli-style’ school cafeterias - Daily News
The wild beasts of New York City - City & State
TWO BRIDGES FALLING DOWN AS JUDGE KNOCKS LES TOWERS PLAN - The City
‘It’s Like Watching New York Melt’: As Towers Rise, an Old Neighborhood Fades - NY Times
New York City’s Incredible Shrinking Workweek - IBO
What NYC charter amendments didn’t make it on the ballot? - City & State
REBNY attempts to guide landlords through changes to rent law - The Real Deal
Cultural institutions’ workforces are too white: City report - NY Post
Over 900 NYC classrooms serving the city’s youngest children have deteriorating lead paint, new data show - Chalkbeat
NYC libraries get $1.4M in funding to help 2020 Census count - Daily News
CITY NEARLY TWO YEARS LATE ON MAKING 60 EVACUATION SHELTERS ACCESSIBLE - The City
Worst NYC intersections for cyclists amid string of fatal bike accidents - NY Post
De Blasio’s Pick for NYC Housing Chief Spurs City Hall Protests - Bloomberg
NYC Embraces Congresswoman’s Idea of Parade Honoring 9/11 Responders and Survivors - NBC NY
Standing water in John Jay Park causes concern - Villager
German Butcher Turns Down $24M Offer For His UES Shop: Report - Patch
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