
Kathryn Brenzel
Senior Reporter and Newsletter Writer at The Real Deal
Senior reporter, politics editor & newsletter writer @trdny. Formerly: @starledger, Express-Times, @columbiajourn. Pencil enthusiast.
Articles
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1 day ago |
therealdeal.com | Kathryn Brenzel
The Trump administration has framed Opportunity Zones as a housing program. In fact, one of its biggest champions leads the federal housing agency. But the national program, which allows investors to defer capital gains taxes if they park those profits in a fund that pours money into areas designated as distressed, isn’t explicitly a housing program, let alone an affordable one.
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1 day ago |
therealdeal.com | Kathryn Brenzel
Next week, the FARE Act goes into effect. Or does it? The Fairness in Apartment Rental Expenses, or FARE, Act, which bars forcing tenants to pay for rental brokers hired by landlords, is slated to go into effect June 11. The Real Estate Board of New York filed a lawsuit challenging the law in December. The following month, it filed a motion seeking a preliminary injunction to prevent the law from going into effect while its lawsuit makes its way through the court.
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2 days ago |
therealdeal.com | Kathryn Brenzel
The City Council is considering a package of “social housing” bills that would prioritize housing built and owned by nonprofits. One measure, the Community Opportunity to Purchase Act, or COPA, would give nonprofits and community land trusts the first crack at buying residential buildings with three or more units. Owners would need to give such organizations — approved by the city — 120 days to submit offers to buy their buildings, during which time they wouldn’t be able to accept rival bids.
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2 days ago |
therealdeal.com | Kathryn Brenzel
State officials see exposed railroad tracks between Pacific Street and Atlantic Avenue in Brooklyn as a fresh start for a two-decade-old mega development. A community group sees a broken promise, millions of dollars wrenched from the surrounding neighborhoods and a potential lawsuit.
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3 days ago |
therealdeal.com | Kathryn Brenzel
After nearly four years, the city’s lien sale is on. The sale was slated for May 20, but the Adams administration agreed to delay it to June 3. As of Monday evening, the administration had made no announcement about delaying the sale again. Properties wind up in the lien sale when they have long-overdue property taxes and/or water and sewer bills.
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The city & Rabina are planning to replace a 50-year-old office building with more than 1,200 apartments. Scoping hearing is next month: https://t.co/WB4yg7X0vJ

I can't not hear the Simpsons Comic Book Guy when I hear "best budget ever"

Whenever I write City of Yes on my phone, I invariably write City of Yea. City of Yea? What do you want?