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Rent Deal Progress, Coaxing Walmart to Buy Local, East River Swimming Pools

Must Read

  • Fred Dicker: a rent deal in Albany is “hours away;” decontrol cap will rise to about $2500; Cuomo read real estate industry honchos the “riot act.” (Post)
  • “The board of the Rent Stabilization Association, a group of large and midsize residential landlords… agreed (Friday) to move off of its long-held position that the existing (rent) law must be renewed in its current form (WSJ).”
  • Senator Schumer wants the federal government to issue letter grades for discount bus carriers (WABC).
  • Speaker Quinn asks Walmart to buy local produce as a condition for opening stores in New York City (Daily News).
  • Document drop: new tidbits about our elected officials disclosed in financial statements. Rep. Carolyn Maloney has assets ranging between $12.3 million and $44.6 million; the value of her East 92nd Street town house is (as high as) $25 million. Rep. Nydia Velazquez has assets of up to $5 million, including a brownstone in Carroll Gardens,  but her debts total (as much as) $5.2 million (Post)
  • The hipster architect dreaming of building floating pools in the East River has started a Kickstarter campaign (NY Press).
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