Joe Biden

July 17, 2024

Biden proposes nationwide rent cap

President Joe Biden this week unveiled a proposal to cap rent at 5 percent annually for apartments owned by corporate landlords. The plan would apply to landlords who own more than 50 units in their portfolio, covering about 20 million units nationwide, roughly half of all rentals. The legislation requires congressional approval, including from the Republican-controlled House, to move forward.
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Policy

Nearly a million NYC households could lose affordable high-speed internet

Image courtesy of Billie Grace Ward on Flickr

May 28, 2024

Nearly a million NYC households could lose affordable high-speed internet

By Aaron Ginsburg

Nearly one million New York City households could lose access to affordable high-speed internet unless funding for a vital federal program is restored. As reported by Gothamist, a new report from the Center for an Urban Future details the impact the end of the Affordable Connectivity Program (ACP) will have on the New Yorkers enrolled in the initiative. The program, which launched in 2021 and ran out of funding last month, paid a monthly credit to internet providers on behalf of customers who earn at or below 200 percent of the federal poverty level or enrolled in public assistance programs. According to CUF, NYC neighborhoods with the lowest income levels saw the highest enrollment in the program.
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Policy

Construction officially begins on Hudson River tunnel project

Photo courtesy of former Gov. Andrew Cuomo’s office on Flickr

November 3, 2023

Construction officially begins on Hudson River tunnel project

By Aaron Ginsburg

Work to replace a decaying rail tunnel under the Hudson River is moving ahead after receiving $3.8 billion in federal funding. Gov. Kathy Hochul, United States Secretary of Transportation Pete Buttigieg, Sen. Chuck Schumer and other officials on Friday announced the start of the first phase of the $16 billion Hudson Tunnel Project, part of the Gateway Program. This early phase of the project will create concrete casings for trains to travel under the Hudson River and through to Pennsylvania Station and will raise a section of road in New Jersey that will feed into the mouth of the new tunnel.
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Work on Hudson River rail tunnel project could begin next month

President Biden joined Mayor Eric Adams in January 2023 to discuss the Hudson River Tunnel Project. Photo courtesy of Michael Appleton/Mayoral Photography Office on Flickr

September 12, 2023

Work on Hudson River rail tunnel project could begin next month

By Aaron Ginsburg

Work is finally moving forward on a project that will replace a dilapidated, century-old rail tunnel connecting New York City and New Jersey. The Gateway Development Commission on Monday awarded the first contracts for construction on the New Jersey side of the $16.1 billion two-track Hudson Tunnel Project (HTP), with the first phase of the transformative plan expected to break ground as soon as October. The tunnel project is the main component of the $30 billion plan, the country's largest public works project currently underway.
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Photo via Wikimedia

August 22, 2023

Feds approve asylum seeker shelter at Brooklyn’s Floyd Bennett Field

By Aaron Ginsburg

Brooklyn's Floyd Bennett Field will be home to New York City's latest migrant shelter. Gov. Kathy Hochul on Monday announced a deal was reached for the federal government to provide New York State with a proposed lease of the former naval air station in Marine Park. The governor said the new Humanitarian Emergency Relief and Response Center (HERRC) will be able to house up to 2,000 single adult asylum seekers. While the governor initially requested that the federal government pick up the bill for constructing and staffing the shelter, the state agreed to cover the expenses, according to Gothamist.
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Policy

NYC’s congestion pricing program gets final federal approval

Photo by Jesús Mirón García on Pexels

June 27, 2023

NYC’s congestion pricing program gets final federal approval

By Aaron Ginsburg

New York City's congestion pricing program is officially moving forward. The Federal Highway Administration on Monday approved the Central Business District Tolling Program, the nation's first congestion pricing plan, which will charge drivers entering Manhattan south of 60th Street during peak hours between $9 and $23 for non-commercial vehicles and between $12 and $82 for trucks. The Metropolitan Transportation Authority says the program could begin as early as May 2024.
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NYC’s congestion pricing program gains key approval

Photo by Raidarmax on Wikimedia Commons

May 8, 2023

NYC’s congestion pricing program gains key approval

By Aaron Ginsburg

New York City's congestion pricing plan is finally moving forward after years of delays. President Joe Biden's administration last week approved the Metropolitan Transportation Authority's environmental review of their proposed Central Business District Tolling Program, which would charge drivers for entering certain parts of Manhattan at peak hours. With this initial approval from the Federal Highway Administration, a 30-day public review period is now open. The MTA said the new tolling system could launch as soon as spring 2024, as Politico reported.
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In New York, Biden touts $300M investment for Hudson River rail project

President Biden hosted a press conference in NYC to discuss the Hudson River Tunnel Project on 1/31/23; Photo: Michael Appleton/Mayoral Photography Office

February 1, 2023

In New York, Biden touts $300M investment for Hudson River rail project

By Aaron Ginsburg

President Joe Biden made an appearance at Hudson Yards on Tuesday to announce a $292 million investment for a project that would fix a century-old rail tunnel and build a new one under the river between New York and New Jersey. The $16 billion Hudson River tunnel project is just one part of the broader $30 billion Gateway Project, which includes new bridges and the expansion of Penn Station. The funding announced by Biden will go toward a $649 million project that extends the concrete casing for the tunnels between Penn Station and the Hudson River before any work on the tunnels can actually begin.
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Manhattan borough president calls for seizure of Russian oligarchs’ NYC properties

220 Central Park South as seen in May 2020. Photo by Jim.henderson (cropped) via Wikimedia Commons.

February 28, 2022

Manhattan borough president calls for seizure of Russian oligarchs’ NYC properties

By Michelle Cohen

High-profile sales deals with wealthy Russian buyers have made headlines–Dmitry Rybolovlev's $88 million condo buy at 15 Central Park West, for example–and Manhattan's trophy condos have been seen as a safe investment for Russian oligarchs. But since Russia's invasion of Ukraine, there have been calls to seize those properties, The Real Deal reports.
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Here’s how New Yorkers affected by Hurricane Ida can get help

Gov. Kathy Hochul tours a storm-damaged apartment in Inwood. The heavy rains of Tropical Storm Ida forced part of a parking garage to collapse and damaged a ground floor apartment, and vehicle, on West 218th Street. Photo: Kevin P. Coughlin / Office of Governor Kathy Hochul on Flickr

September 7, 2021

Here’s how New Yorkers affected by Hurricane Ida can get help

By Devin Gannon

President Joe Biden on Monday approved a major disaster declaration for New York, making federal funding available to residents and businesses in counties affected by flooding last week caused by the remnants of Hurricane Ida. According to an early estimate from state officials, Ida caused $50 million in damage to public property and to more than 1,200 residences. In addition to the financial relief provided by FEMA, there are several resources available to New Yorkers who need help in the aftermath of the storm, including temporary shelter, food and basic needs, and cash assistance.
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100 years after WWI, all-Black unit Harlem Hellfighters awarded Congressional Gold Medal

By Devin Gannon

One of the most decorated all-Black American regiments is finally getting nationally recognized more than a century after World War I. President Joe Biden last week signed into law the Harlem Hellfighters Congressional Gold Medal Act, which posthumously honors the 369th Infantry Regiment. Made up mostly of New Yorkers, the Harlem Hellfighters spent 191 days on the front-line trenches, longer than any other American unit. Despite their courage and sacrifice, the soldiers returned home to face racism and discrimination.
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Photo by Daniel Lee on Unsplash

August 4, 2021

New federal eviction ban covers renters in areas with high Covid rates, including New York

By Devin Gannon

The Centers for Disease Control and Prevention on Tuesday issued a new temporary moratorium on evictions that covers renters in areas with high levels of coronavirus transmission. The new order, which replaces the previous federal ban that lapsed on Saturday, expires on October 3 and applies to renters in counties that are experiencing "substantial" or "high" levels of Covid-19 spread, which includes all of New York City. While New York's most recent state order halted evictions through the end of August, the new CDC moratorium provides renters an extra month of protection from eviction.
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Policy

100 new federal COVID-19 vaccine hubs to open in New York

Photo of NYCHA vaccination site at Nostrand Houses in Brooklyn by Michael Appleton/Mayoral Photography Office on Flickr

March 11, 2021

100 new federal COVID-19 vaccine hubs to open in New York

By Devin Gannon

More than 100 new coronavirus vaccine hubs funded by the federal government will soon open in New York, Sen. Chuck Schumer announced on Thursday. During Mayor Bill de Blasio's daily press briefing, the Senate Majority Leader said additional vaccines will be sent directly to sites at existing community health centers (CHC) to "supercharge" the vaccination effort.
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Policy

How Joe Biden will affect NYC’s renters, real estate, and recovery

Photo by Gage Skidmore on Flickr

January 20, 2021

How Joe Biden will affect NYC’s renters, real estate, and recovery

By Devin Gannon

After Joe Biden is sworn in as the 46th president of the United States on Wednesday, his immediate focus will be getting the coronavirus pandemic under control and providing direct relief to Americans. In addition to immediate actions related to COVID-19, Biden's Day 1 housing priorities include extending the federal nationwide moratorium on residential evictions through the end of September and sending an additional $25 billion in rental assistance to states. Down the road, Biden has proposed fewer developer-friendly policies than his predecessor, including a repeal of the 1031 exchange and reform of the Opportunity Zone tax program. But overall, there is optimism among New York City real estate industry experts who see a Biden Administration as a way to restore stability and consumer confidence. With a pledge to defeat COVID-19 and send federal support to New York City, there's hope on the horizon for the city's recovery.
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Photo courtesy of Empire State Realty Trust

January 14, 2021

Empire State Building’s heartbeat light show returns for nationwide COVID-19 memorial

By Devin Gannon

A memorial honoring the lives lost to the coronavirus pandemic will be held at the Lincoln Memorial next week and cities and towns are invited to join the tribute with ceremonies of their own. President-elect Joe Biden's Presidential Inaugural Committee announced plans to feature a lighting around the Reflecting Pool in Washington, D.C. on January 19, the evening before the inauguration. The Empire State Building will participate by playing its red heartbeat light show, which first debuted last year as a tribute to the city's frontline workers.
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Events & Things To Do

Here’s what New Yorkers can expect from Joe Biden’s COVID-19 plan

Photo by Gage Skidmore via Wikimedia Commons

November 9, 2020

Here’s what New Yorkers can expect from Joe Biden’s COVID-19 plan

By Dana Schulz

Even before he was officially declared President-elect, Joe Biden began briefings about the pandemic, and since Saturday's celebrations, his comprehensive, federally led strategy to combat COVID-19 finally feels within reach. Today, President-elect Biden announced the 13 members of his COVID-19 advisory board, made up of public health experts, scientists, and doctors. This group will help Vice President-elect Kamala Harris and him carry out their plan to not only beat the virus, but to prepare for future global health threats. Ahead, we take a closer look at the intricacies of the strategy and how it will benefit the entire nation, as well as New Yorkers, from a nation-wide mask mandate to an increase in testing centers to the establishment of a Racial and Ethnic Disparities Task Force.
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Joe Biden

Biden proposes nationwide rent cap

Nearly a million NYC households could lose affordable high-speed internet

Construction officially begins on Hudson River tunnel project

Work on Hudson River rail tunnel project could begin next month

Feds approve asylum seeker shelter at Brooklyn’s Floyd Bennett Field

NYC’s congestion pricing program gets final federal approval

NYC’s congestion pricing program gains key approval

In New York, Biden touts $300M investment for Hudson River rail project

Manhattan borough president calls for seizure of Russian oligarchs’ NYC properties

Here’s how New Yorkers affected by Hurricane Ida can get help

100 years after WWI, all-Black unit Harlem Hellfighters awarded Congressional Gold Medal

New federal eviction ban covers renters in areas with high Covid rates, including New York

100 new federal COVID-19 vaccine hubs to open in New York

How Joe Biden will affect NYC’s renters, real estate, and recovery

Empire State Building’s heartbeat light show returns for nationwide COVID-19 memorial

For $5.8M, this Fifth Avenue co-op has 'Mad Men'-era vibes and Central Park views

Here’s what New Yorkers can expect from Joe Biden’s COVID-19 plan

138 Willoughby Street in Downtown Brooklyn

Joe Biden

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