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NYC Housing, Bars, and Big Sales | Real Estate News
NYC’s budget is locked in with a major $175 million housing voucher boost aimed at closing rental assistance gaps, while other programs face funding cuts. The CityFHEPS program stays intact under DSS, which sees a $129 million budget hike to handle rising emergency rent payments. The Department of Buildings gets a $30 million bump for staffing, inspections, and sustainability. Bars and restaurants saw playoff sales surges, a former watchlist landlord sells properties to avoid foreclosure, and tenant advocates push for rent stabilization beyond the five boroughs. Top residential sale: a…
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