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The 2024 Good Cause Eviction law was intended to protect tenants in market-rate apartments from exorbitant rent increases and arbitrary decisions on lease renewals.
But written into the law is a get-out clause, allowing landlords who cite an intent to demolish as a valid reason to boot a tenant to the curb.
But what does “demolish” mean? Take down the entire building? What if a landlord is just renovating a single unit, or a set of units? What if the landlord’s so-called intent runs up against strict landmark and preservation rules?
Breezy and cloudy with a high near 70. Rain likely at night, going down to 55.
MTA 🚇
In Queens, Manhattan-bound E trains stop at Briarwood and 75 Ave. from 10 a.m. to 3 p.m. Find all the MTA’s planned changes and the latest delays here.
Alternate side parking 🚙
It’s in effect today, May 13.
By the way…
The NYCxDESIGN Festival begins tomorrow, an annual, citywide celebration that highlights hundreds of events spanning industries from architecture, public space and product design to technology and entertainment.
Our Other Top Stories
Mayor Zohran Mamdani dropped his threat to hike property taxes as a way to close the budget gap after Gov. Kathy Hochul promised additional aid for his $124.5 billion spending plan. The city budget includes an additional $4 billion in support to close the gap, totaling nearly $8 billion over two years.
But, fiscal hawks are raising alarms over Mamdani’s accounting, as it relies on billions of dollars in one-shot or short-term money to fund permanent programs.
Reporter’s Notebook
NYC Inflation Outpaces U.S.
Inflation in the New York area continues to outpace the rest of the country even as the war in Iran sends prices higher everywhere. The Consumer Price Index for the New York region jumped 4.6% in the past 12 months, outpacing the 3.8% increase nationally, which was the highest inflation in more than three years.
With a sharp increase in gasoline prices, energy costs in the region have surged a whopping 24% in the past 12 months as Gov. Kathy Hochul prepares to enact changes to the state’s climate goals she hopes will slow the increase in electricity costs. Normally energy prices increase less in the New York region than in the rest of the country because of the heavy use of mass transit.
Food inflation is especially worrisome for low-income consumers as tougher rules for access to federal SNAP benefits take effect. Grocery prices increased 5.9% in the New York region compared with only 2.9% nationally.
–Greg David
Things To Do
Here’s what’s going on around the city this week.
Wednesday, May 13: Frida Kahlo’s grand-niece and her daughters celebrate their new book about their family home, which was once Frida’s personal sanctuary. Free, at Rizzoli Bookstore at 6 p.m. Register here
Wednesday, May 13: The Public square and Gardens at Hudson Yards opens up for a series of free outdoor concerts, starting with a performance by Aly & AJ. Free, doors open at 5 p.m.
Thursday, May 14: Playbill presents a four-week series of live, open-air performances from 15 Broadway shows at the Rink at Rockefeller Center. This week’s show features songs from Wicked, Hadestown and Chicago. Free, at noon.
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