Sentences with phrase «stabilized affordable housing units»

Not exact matches

«It erodes the longtime partnership between the City of New York and the owners of rent - stabilized units that ensure affordable housing for millions of New Yorkers,» he said in a statement.

The officials — including Borough President Scott Stringer, State Sen. Daniel Squadron and Council Speaker Christine Quinn — recently filed court documents arguing that the 1,331 - unit complex, which was built as affordable housing but now commands luxury rents, should be rent - stabilized because owner Laurence Gluck received a tax break.

Mr. de Blasio, who is focused on increasing and retaining affordable housing, is lobbying the State Legislature to strengthen rental protections to curb the number of stabilized units taken out of regulation each year.

The three apartment buildings feature a mix of rent - stabilized and market - rate units, a structure which, according to Rosan, presents a strong opportunity to preserve affordable housing options in buildings with market - rate appeal and amenities.