An oddball coalition of neighborhood activists and left-wing politicians have opposed plans to convert the privately owned site to housing, citing the loss of open space and impacts on gentrification.
Plus: The U.S. Supreme Court considers another internet free speech case, the Department of Transportation pushes expensive new rail regs, and more...
The city's old-school rent control scheme worsened housing quality but had no effect on housing supply. Mayor Michelle Wu's new rent control law will likely have the opposite effect.
Plus: Bill would make all social media platforms check IDs, appeals court rejects rent control challenge, and more...
The 2nd Circuit reasoned that the government hasn't necessarily taken a landlord's property when it forces him or her to operate at a loss while renting to a tenant he or she never agreed to host.
The White House's idea of using Freddie Mac and Fannie Mae to adopt rent control faces numerous legal and practical hurdles.
Warren and fellow progressive Democrats have asked President Joe Biden to use the FTC, HUD, or maybe the FHFA to impose nationwide rent control.
Property owners in Kingston, New York, argue the city is vastly underestimating its vacancy rate in order to justify ruinous rent cuts.
Voters in Orange County, Florida, and Pasadena, California, will vote on ballot initiatives that cap rent increases at, or below, inflation.
The St. Paul City Council passed a series of amendments to a voter-passed rent stabilization ordinance that exempt new construction and make it easier for landlords to factor inflation into rent increases.
A new report from The Community Housing Improvement Program argues that allowable rent hikes in rent-stabilized buildings cover less than half the increase in operating costs.
Florida landlords and realtors argue that Orange County is abusing its emergency powers.
Good intentions, bad results.
Property owners can now build fourplexes in San Francisco, but only if they've owned the land for five years, place the new units under rent control, and don't try to make them much larger than a single-family home.
Two St. Paul, Minnesota, landlords claim that the city's restrictions on rent increases above 3 percent amounts to a taking of their property without due process or compensation.
The comedian largely ignores laws against new supply while arguing we should declare housing a federally funded, government-provided human right.
St. Paul has seen a 61 percent decrease in building permits after the city imposed rent control on future housing.
A new paper finds that lower income property owners are seeing the biggest falls in property values while high-income renters will get the biggest discounts on rent.
A collapse in new development activity followed St. Paul voters' approval of a strict, vaguely written rent control ordinance. City and state officials are scrambling over how best to fix the new law.
The traditional case for rent control isn't made any more convincing by a Democratic Socialists of America dance number.
Even supposedly well-designed rent control policies come at the expense of new supply while creating a class of renters opposed to necessary zoning reforms.
Unlike almost every rent control law in the country, the ordinance passed by St. Paul voters includes no exemption for new construction.
Plus: The Twin cities both say yes to rent control, Eric Adams will be the next mayor of New York City, and more...
Plus: The Twin Cities will both vote on rent control ballot initiatives, New Jersey and Virginia voters will pick a new governor, and more...
New bills passed earlier this week require landlords to give tenants 180 days' notice before raising rents and pay relocation expenses to low-income tenants who move in response to rent hikes.
The Michigan congresswoman is a co-sponsor of a bill that would suspend all tenants' obligation to pay rent through April 2022.
The federal government's ban on the removal of non-paying tenants was supposed to expire on June 30. It'll now run through July 31.
The Massachusetts Congresswoman is a two-time supporter of the Rent and Mortgage Cancelation Act.
Freezing rents at existing affordable housing will eliminate developers' incentive to build more of it.
Beneficial outcomes on at least three of four important California ballot measures: racial preferences, rent control, and protecting ride-share businesses and workers.
These votes could have a big impact on the nation as a whole, as well as California.
Only 37 percent of voters said they support Prop. 21, which would give local governments more power to limit rent hikes.
Government growth and abuses are not challenged nearly enough.
Rent strikes and calls for rent cancellation proliferate across the country.
Alexandria, Virginia, is the latest city to entertain demands to cancel rent payments during the current pandemic.
Yes, tenants are losing their jobs because of the COVID-19 shutdown, but forcing businesses to provide services for free would have a ripple effect.
Sen. Mike Gianaris (D–Queens) argues eviction moratoriums don't go far enough to protect renters who've been put out of a job because of the virus.
City reports and industry find taxes, regulation, and permitting delays are often a bigger drag on small businesses than rising rents.
Brokers and building owners are vowing to fight a regulation they say will be catastrophic for their industry.
The new initiative from the AIDS Healthcare Foundation would allow local governments to go beyond the state's existing caps on rent increases.
New York told landlords they couldn't pass along renovation costs, so landlords stopped doing renovations
Many jurisdictions are alleviating housing shortgages by cutting back on zoning. Unfortunately, there is also a trend towards expanding rent control, which is likely to have the opposite effect.
Plus: New York's rent control expansion has predictable effects, people are boycotting Uber again, and violence continues in Hong Kong.
A report from the city's Department of Planning finds that housing construction has not kept pace with job growth.
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