The best rental cars in New York City are going to be in the hands of the locals, not the tech industry
New York is home to more than a million apartments and condominiums, but those are just the condos and apartments that get a real-estate tax break.
Those rentals are also mostly the apartments that don’t have the luxury of a private home.
Now, the city is hoping to change that.
In an effort to bring some of those apartments to the masses, the City Council passed a resolution Monday that would allow landlords to offer their properties for rent to tenants without having to pay an apartment tax.
It’s part of a plan to get more rental properties in the city, including condos, into the hands and hands of residents.
The resolution passed 3-1.
The measure passed with a vote of 12-2.
The resolution is expected to become law within a few months.
“It will be very helpful in the long term for landlords to rent to people that live here,” said Councilman Brad Lander, who introduced the resolution.
“It’s really a great incentive for landlords.
It really is helping to drive demand and bring the market to them.”
The city has been trying to find ways to help landlords and developers.
The city last year opened up a program for landlords that allows them to offer apartments to residents without having an apartment levy.
The program is part of an effort called Rent to Work, which aims to make it easier for people to rent in the future.
The city’s Housing Authority, which is responsible for helping low-income tenants find housing, says it hopes to have a formal announcement this month about the new program.
The proposal is part in a plan called “Rent to Work,” which aims a) to encourage landlords to invest in affordable housing and b) to incentivize developers to build more rental units.
That’s part in the larger plan to bring in more rental housing.
Lander said that’s an important part of the solution.
He said it’s part and parcel of the larger effort to address housing affordability, and he said it will also help bring the city’s housing stock into the modern era.
In New York, rental housing is a critical part of maintaining the city as a whole.
New York’s average rental unit cost per square foot was $2,100 in 2015, according to the U.S. Census Bureau.
And New York rents are among the highest in the country.
The goal of the Rent to Rent program is to increase the number of rental units in the state and help bring that cost down.
But some cities are already seeing an increase in apartments being offered to low- and moderate-income renters.
New Jersey’s rental market has increased by almost 200% since 2008, according the National Low Income Housing Coalition.
That has led to a significant increase in the number and types of rental properties available in the New Jersey market.
In February, the state of New York passed legislation that allowed landlords to sell their properties to tenants, without having their properties assessed at a property tax.
That could lead to more apartments being available to low and moderate income New Yorkers.