Tag: affordable-housing-nyc

Mayor announces labor agreements covering more than $1B in capital projects including infrastructure at Willets Point

Posted November 21, 2024 by schnepsrestagent

Nov. 21, 2024 By Bill Parry The city has secured two major labor agreements with the Building & Construction Trades Council that will cover more than $1 billion in capital projects, including infrastructure improvements in Willets Point, Mayor Eric Adams announced at City Hall on Thursday morning. The Project Labor Agreements (PLAs) enable the…

City Council passes bill shifting broker fee burden to landlords, sparking backlash from real estate industry and key critics

Posted November 14, 2024 by schnepsrestagent

Nov. 14, 2024 By Ethan Stark-Miller and QNS News Team The New York City Council passed a landmark bill on Wednesday, aiming to relieve renters of paying hefty broker fees — a cost that will now fall on the party who hires the listing agent. Known as the FARE Act (Fairness in Apartment Rentals),…

Tag: affordable-housing-nyc

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