The mayor is hoping to attract small businesses to Inwood through an element of the neighborhood’s rezoning. There’s a type of commercial rent control in the agreement between the de Blasio administration and local Councilman Ydanis Rodriguez, Crain’s reported. New mixed-use developments receiving $2 million or more from the Department of Housing Preservation and Development must give commercial tenants a lease of at least 10 years “with limited rental increases,” the report said. It will […]
source https://therealdeal.com/2018/08/10/inwood-rezoning-includes-commercial-rent-control/
No comments:
Post a Comment