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New York State has had the longest history of rent controls, since 1920. New York City contains the majority of units covered by rent control. Rent control laws have stayed on the books for decades in New York because of an inadequate supply of "decent, affordable housing". The worsening in the rental market led to the enactment of the Rent Stabilization Law of 1969, which aimed to help ...
Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords. [1]
The 421-a tax exemption is a property tax exemption in the U.S. state of New York that is given to real-estate developers for building new multifamily residential housing buildings in New York City. As currently written, the program also focuses on promoting affordable housing in the most densely populated areas of New York City.
New York City water supply system. in 1849, part of the Old Croton Aqueduct, the city's first water supply system. A combination of aqueducts, reservoirs, and tunnels supplies fresh water to New York City. With three major water systems ( Croton, Catskill, and Delaware) stretching up to 125 miles (201 km) away from the city, its water supply ...
In New York City, a planned congestion pricing scheme will charge vehicles traveling into or within the central business district of Manhattan. This disincentivizing fee, intended to cut down on traffic congestion and pollution, was first proposed in 2007 and included in the 2019 New York state government budget by the New York State ...
Commissioners' Plan of 1811. The Commissioners' Plan of 1811 was the original design for the streets of Manhattan above Houston Street and below 155th Street, which put in place the rectangular grid plan of streets and lots that has defined Manhattan on its march uptown until the current day.
2009: NYC introduced use of hybrid-electric sanitation-pickup vehicles. Like those then in use, staff crew were numbered at two, not three as had been the case until 1980. As of 2015, the department had more than 9,700 employees, handled more than 3.2 million tons of refuse every year, and recycled more than 600,000 tons of waste material ...
Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...