REBNY (Real Estate Board of New York) will honor Scott Rechler at the 129th REBNY Annual with The Harry B. Helmsley Distinguished New Yorker Award. The award recognizes his exceptional accomplishments in the profession and invaluable contributions to New York’s civic welfare. More info here https://lnkd.in/eZaBZX8c from the Commercial Observer
RXR’s Post
More Relevant Posts
-
🌍 A Major Step Forward for Renters’ Rights: The National Tenant Union Federation Launches Today marks a significant milestone in the fight for housing justice. Five powerful local tenants unions, including KC Tenants and the Louisville Tenants Union, have come together to form the Tenant Union Federation—the first national tenant organizing effort in 40 years. This federation is not just a union of unions; it’s a bold new movement aimed at challenging the power of multistate real-estate capital. By pooling resources, strategies, and organizing power, these unions are turning local victories into national momentum. Whether it's defeating billionaire-backed initiatives or negotiating with major landlords, this movement is proving that collective action works. As housing consolidation grows, so does the need for tenant solidarity across city and state lines. The Tenant Union Federation is here to provide the training, support, and coordination needed to turn housing struggles into lasting change. Let’s keep an eye on this dynamic movement as it reshapes the future of housing in America. 💪🏠 #HousingJustice #TenantPower #AffordableHousing #RentersRights #CollectiveAction #UnionStrong https://lnkd.in/gKvU-vvx
To view or add a comment, sign in
-
ICYMI – 9 New Jersey Towns have sued the NJ Affordable Housing Dispute Resolution Program and others seeking a judgment “declaring” that the recently adopted P.L. 2024, c.2 – NJ’s new affordable housing law -- violates the New Jersey constitution. Without getting too far in the weeds, the Towns allege that the so-called 4th Round of affordable housing obligations are outdated and far exceed what was contemplated by the Supreme Court’s Mount Laurel decisions. The Towns contend that the new law unconstitutionally assigns affordable housing determinations to a “Program” made up of retired judges and experts who are not vetted. Moreover, according to the Towns, the law: (i) improperly encourages suburban sprawl; (ii) exempts “urban aid municipalities” from prospective need obligations; (iii) forces Towns to designate certain properties for redevelopment; and (iv) provides little or no flexibility to Towns to prove reasons for inaction. My take: although some of the legal theories asserted by the Towns may survive a motion to dismiss, without a demand for injunctive relief and/or a significant claim for damages, the suit is simply going to meander along while the 4th round of affordable housing obligations begin to take effect over the next few weeks. For a suit that was touted as a game-changer that would derail the new law, it looks to me more like an academic exercise that will end in a whimper. Link to the case below:
To view or add a comment, sign in
-
Great insights on the new N.J. affordable housing laws, and the current dispute. Thank you Frank Vitolo for your synopsis. #affordablehousing #newjersey #multifamily #realestate.
ICYMI – 9 New Jersey Towns have sued the NJ Affordable Housing Dispute Resolution Program and others seeking a judgment “declaring” that the recently adopted P.L. 2024, c.2 – NJ’s new affordable housing law -- violates the New Jersey constitution. Without getting too far in the weeds, the Towns allege that the so-called 4th Round of affordable housing obligations are outdated and far exceed what was contemplated by the Supreme Court’s Mount Laurel decisions. The Towns contend that the new law unconstitutionally assigns affordable housing determinations to a “Program” made up of retired judges and experts who are not vetted. Moreover, according to the Towns, the law: (i) improperly encourages suburban sprawl; (ii) exempts “urban aid municipalities” from prospective need obligations; (iii) forces Towns to designate certain properties for redevelopment; and (iv) provides little or no flexibility to Towns to prove reasons for inaction. My take: although some of the legal theories asserted by the Towns may survive a motion to dismiss, without a demand for injunctive relief and/or a significant claim for damages, the suit is simply going to meander along while the 4th round of affordable housing obligations begin to take effect over the next few weeks. For a suit that was touted as a game-changer that would derail the new law, it looks to me more like an academic exercise that will end in a whimper. Link to the case below:
To view or add a comment, sign in
-
Part 2: The Battle Continues📜🏠⚖️ After issuing the Section 21 and Section 8 notices, we hoped Mr. Man would finally vacate the premises. However, the situation took another turn. It appears Mr. Man involved the housing department and his case worker, bringing new challenges our way. If you haven't read the first part, please check my profile for the Part 1! Here's the Part 2. Mr Man must have involved the housing department and his Case worker because soon enough, we received an email asking for several documents such as license agreement, rent statement and notice served. Questions around communications regarding breaches of license and willingness to retract the notice if a payment plan was put in place. We went ahead to respond to the email by compiling and providing all requested documents with a voluminous response. The body of the email response clearly stated all steps we had already taken to work with Mr Man. It stated the part of the tenancy agreement that cites the property will not condone excessive noise and included our log of all the times other tenants had complained about this issue, as well as all efforts to address this directly. We included information about inspections and the state of his room during those checks including health and safety concerns. Of course, the matter of rent evasion was addressed extensively with economic issues highlighted as well as the possibility of the house closing due to increased bills and one tenant not making rental payment. The welfare of other tenants was mentioned in various contexts. Stay tuned for the next part! Have you faced similar challenges with tenants? Share your experiences in the comments below! #TenantTroubles #evictionnotice #section21 #landlordlife #rentalproperty #housingissues #tenantrights #PropertyManagement #rentaldisputes #CourtProceedings #rentarrears #landlordproblems #housingmatters #legalmatters #hmoliving
To view or add a comment, sign in
-
-
🚨 Have you heard the big news in the fight for housing justice? A National Tenants Union has officially arrived! 🚨 For the first time in 40 years, local tenant unions from across the country have come together to form the Tenant Union Federation—a powerful coalition aimed at challenging the multistate real estate giants that have long dominated our housing markets. Member organizations of this union of unions are already making waves: 🏡 Louisville Tenants Union fought for and passed anti-gentrification measures. 💪 MCF grant recipient Kansas City Tenants defeated a billionaire-backed stadium tax in Kansas City. ⚖️ Bozeman Tenants United banned new short-term rentals. 🤝 Connecticut Tenants Union negotiated a groundbreaking collective bargaining agreement with a major landlord. 🚫 Not Me We in Chicago pushed through anti-displacement measures to protect neighborhoods. As housing consolidation intensifies and rents continue to rise, it's clear this national effort is crucial. The federation is set to empower renters nationwide, providing training, support, and potentially coordinating actions like rent strikes. Philanthropists, progressives, and all allies for housing justice—this is a powerful moment to support and amplify these efforts. Together, we can help fuel the effort to turn renters into an unstoppable political force that can organize for and win safe, accessible, and truly affordable homes for all. 💪 Proud to stand with the Tenant Union Federation as they take this bold move forward!
To view or add a comment, sign in
-
Thus it begins with Inclusionary Zoning because everything after Zoning will work itself out. Exclusionary and low density Zoning prohibits production of housing the market demands and needs. Zoning is the foundation of the housing supply and Inclusionary Zoning releases the government constraint to permit affordable housing the housing market is screaming for. Zoning must make it economically feasible to produce affordable housing otherwise the zoning is unconstitutional and contrary to the general welfare and common good.
To view or add a comment, sign in
-
🔔 BREAKING: Supreme Court's Historic 7:2 Verdict Protects Your Property Rights 🔒 🏛 The State can't just label your private property as "community resource" anymore. ✒ Supreme Court's landmark ruling establishes: + Private property can only be acquired for genuine public benefit + Just compensation is mandatory + Clear criteria set for what qualifies as "community resource" + Previous 1978 blanket classification of private property as community property overturned 👨⚖️ CJI Chandrachud: "Individual property rights must be balanced with public welfare, not sacrificed for it." 👑 Key for property owners: Your rights are stronger than ever. But remember - clear property documentation remains crucial. Read our detailed analysis of this game-changing verdict 👇 #SupremeCourt #PropertyRights #LegalUpdate #RealEstate #IndianLaw https://lnkd.in/gCg9ZT3w
To view or add a comment, sign in
-
🤔 Who is Our New Housing Minister? 🤔 Matthew Pennycook has been appointed as the new Labour housing minister. Pennycook’s extensive experience in housing policy, particularly with the Renters (Reform) Bill, brings a deep understanding of the rental sector. 🔎 However, his cozy relationship with groups like Shelter and pro-tenant stance have understandably caused some unease among landlords. In the months leading up to the election, Pennycook played an instrumental role in devising various amendments to the infamous Renters Reform Bill, such as supporting the ban of bidding wars between tenants and landlords/agents, and more notably, submitting an amendment that would have prevented landlords from selling their property for 2 years after a tenancy has begun. 🚨 On the other hand, the NRLA has recently said that Pennycook is more conciliatory behind the scenes, perhaps showing a more balanced stance than his recent actions may suggest. ⚖ Stay informed as Pennycook’s policies unfold, shaping the rental market’s future.💡 #HousingMinister #RentalMarket #TenantRights #LandlordLife #Generalelection2024 #policy
To view or add a comment, sign in
-
-
At long last, we see the introduction of the Renters’ Rights Bill to Parliament—a significant moment for renters across England, bringing overdue protections and standards. From observing the experiences of Scotland and Wales, we’ve learned a crucial lesson: enacting new laws is only the beginning. Effective implementation is key. Dedicated resources and focused efforts will be essential to bridge the implementation gap. I’m eager to see how England will tackle this challenge and ensure these new protections and standards are fully realised. This is a significant step towards fairer housing, and I look forward to the positive impact it will bring. 🚀 https://lnkd.in/e7kjf2Wd
To view or add a comment, sign in
Senior Construction Estimator New York City
2moCongrats!