A City Council bill may legalize some basement apartments in East New York. The move is an attempt to create more affordable housing in existing buildings, Crain’s New York reported. A hearing on the legislation, which has been in the works since the area was rezoned, is set for Tuesday. Although basement apartments are common in the city, most don’t meet fire and building codes, the report said. The new measure, which is part of […]
source https://therealdeal.com/2018/11/08/landlords-may-soon-be-able-to-monetize-basements/
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