$15K broker fee for a rent-stabilized apartment is a consequence of Albany’s rent protection laws

There are nearly 657,993 rent stabilized dwelling units in the City of New York (page 149). When Housing Stability & Tenant Protection Act of 2019 was passed (page 108), the law ended high-income/high-rent and high-rent vacancy deregulation. A total of 6,662 units were deregulated this way since 1994 (page 181); and 170,386 due to high-rent … Read more

Why McDonald’s is charging $18 for a Big Mac meal — and why there’s no relief in sight

Amid the uproar, McDonald’s franchisees say they are being financially squeezed by the rising cost of insurance, equipment and labor. Government is the biggest inflation factor! The rules and laws government sets affect insurance rates as well as the $16 minimum wage law in the State of New York! Only Washington State is higher at … Read more

Capping NYC school class sizes when student population is dropping is to help… you guessed it.

Update July 12, 2023: Co-Sponsor of S9460 (2021-2022) Robert Jackson asked the Independent Budget Office to do an assessment of the bill. its “unintended consequences” is likely 17,700 new teachers on top of the $6.4 billion pay increase. Maximum number of students allowed in each classroom is currently set between 30 and 34 students (kindergarten, … Read more