Sunday, May 17, 2015

Moratorium on hotel conversions enacted by Council

From Capital New York:

The City Council approved six bills on Thursday, five of which passed unanimously.

The only measure to face any opposition was a bill to place a two-year moratorium on developers who want to convert hotels into residential condominiums.

Eight members voted against the proposal, which has the backing of Mayor Bill de Blasio, Council Speaker Melissa Mark-Viverito and Hotel Trades Council.

In addition to placing a moratorium on developers who want to convert hotels into residential condominiums, the measure would also order a study on the effect those conversions have on the city's economy. The bill is opposed by the powerful Real Estate Board of New York and the Hotel Association of New York City.

Councilwoman Inez Dickens, who voted against the bill, said her colleagues’ attempt to protect hotel jobs was “misleading.”

“Although this new revised bill tried to address some of the issues property owners had, their property rights are still being denied without an explanation or a clear purpose,” Dickens said.

Councilman David Greenfield, a Democrat from Brooklyn, said the bill “was going a little bit too far.” He said some communities may, at some point, no longer have the need for hotels.

6 comments:

Anonymous said...

Councilman David Greenfield, a Democrat from Brooklyn, said the bill “was going a little bit too far.” He said some communities may, at some point, no longer have the need for hotels.

Then maybe the investors should take some responsibility for once factor THAT in to their modification of the city's landscape instead of expecting tweed to bail out their miscalculations? Some of these morons are so steeped in this crap that they actually think comments like this are sensible.

Anonymous said...

Check out the article for Dizzy Lizzy riding yet again on her "female firefighter discrmination" hobby horse.

Broadway resident said...

Good, now let them look into the Yangs hotel-house in Broadway Flushing. C'mon, 11 bedrooms and 8 bathrooms for their ...LOL...large family?
They are trying to squeeze in an illegal B&B in a residential neighborhood zoned R1-2A.
So where is Paul Vallone our valiant Councilmember?
Zzzzzzzzzzzz.....catching a snooze at the Jersey shore.

georgetheatheist said...

Looks like Inez Dickens is about to get that last entry for the Sudoku puzzle.

Anonymous said...

Is this a moratorium on converting hotels to residential or residential to hotels?

Anonymous said...

Year right condominiums. They will become homeless shelters.