Advertisement
Baked In BushwickBaked In Bushwick

State Assembly passes bill to freeze ground rent increases for eligible Battery Park City residents

The New York State Assembly passed a bill to freeze ground rent increases for lower and middle income Battery Park City residents, headed to Gov. Hochul.

State Assembly passes bill to freeze ground rent increases for eligible Battery Park City residents
Battery Park City, the Lower Manhattan neighborhood whose ground-rent freeze and income-eligibility rules are set by Albany
Advertisement
Baked In BushwickBaked In Bushwick

The New York State Assembly passed a bill Tuesday that would stop ground rent costs from climbing for lower and middle income residents of Battery Park City, sending the measure to Governor Kathy Hochul’s desk after the State Senate signed off in April. If she signs it, thousands of downtown households would freeze one of the fastest growing pieces of their housing bill, as first reported by The Broadsheet.

This story continues: 800 more words

Subscribe to read the full story.

Bushwick Daily is paid for by its readers. Enter your email to continue.

Produced by Bushwick Daily News Desk

Neighborhood news, politics, real estate, and business coverage produced by the Bushwick Daily newsroom.

View all posts
Advertise with Bushwick Daily

Reach all of New York.

Written in Bushwick, read across all five boroughs since 2009.

100,000+ readers a month 500,000+ on Instagram All five boroughs
Advertise with us →
Support Bushwick Daily — become a member