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New York City Multifamily PodcastPodcasts

Episode 30: Analyzing The Effects Of The 2025 Budget On NYC’s Housing Market

NYM GroupMay 22, 2024May 23rd, 20241 min read

For our 30th episode, Shaun Riney and Seth Glasser are joined by James Marino and Nativ Winiarsky from Kucker Marino Winiarsky & Bittens, LLP and Jay Martin, Executive Director of CHIP. Our discussion focused on the legal, political, and economic impact of the passing of the 2025 budget.

Topics Covered Include:

·         Good Cause Eviction

·         New IAI laws, RGB vote and what’s next for the rent stabilized housing industry

·         485-x, the development tax incentive program which replaces 421-a

·         How banks and borrowers are dealing with distress

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