{"id":304367,"date":"2025-10-15T03:51:37","date_gmt":"2025-10-15T03:51:37","guid":{"rendered":"https:\/\/www.europesays.com\/us\/304367\/"},"modified":"2025-10-15T03:51:37","modified_gmt":"2025-10-15T03:51:37","slug":"cuomo-says-nyc-should-give-landlords-cash-to-repair-vacant-rent-stabilized-units","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/304367\/","title":{"rendered":"Cuomo says NYC should give landlords cash to repair vacant rent-stabilized units"},"content":{"rendered":"<p>Independent mayoral candidate Andrew Cuomo on Tuesday proposed giving landlords financial incentives to fill vacant, run-down rent-stabilized apartments in order to address the city\u2019s <a href=\"https:\/\/rentguidelinesboard.cityofnewyork.us\/wp-content\/uploads\/2025\/05\/2025-HSR.pdf\" target=\"_blank\" rel=\"noopener\">housing crisis<\/a>.<\/p>\n<p>Cuomo said, if elected, he\u2019d achieve this largely through giving landlords money to <a href=\"https:\/\/www.nydailynews.com\/2025\/10\/03\/cuomo-rips-mamdani-shorter-de-blasio-citing-failed-policies-housing-education\/\" target=\"_blank\" rel=\"noopener\">repair vacant units<\/a>, as well as offering subsidies\u00a0to landlords who have had long-vacant units.<\/p>\n<p>\u201cWhat do you have to do?\u201d Cuomo said. \u201cYou have to increase the supply, and you have to do it quickly, which means you need financing, and you have to get creative on the financing.\u201d<\/p>\n<p>He said this initiative would cost the city about $40,000 per unit.<\/p>\n<p>The ex-governor said that bringing those units online would increase the Big Apple\u2019s vacancy rate from its current 1.4% and potentially bring the city out of its current <a href=\"https:\/\/www.nydailynews.com\/2025\/09\/15\/top-adams-aide-randy-mastro-pushing-to-block-controversial-bronx-housing-project-for-ex-inmates\/\" target=\"_blank\" rel=\"noopener\">\u201chousing emergency.\u201d<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Independent mayoral candidate Andrew Cuomo on Tuesday proposed giving landlords financial incentives to fill vacant, run-down rent-stabilized apartments&hellip;\n","protected":false},"author":3,"featured_media":304368,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5122],"tags":[5229,8988,1370,405,403,8989,50,5226,5225,5228,5227,80,67,586,132,5230,68,2969],"class_list":{"0":"post-304367","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-new-york","8":"tag-america","9":"tag-election","10":"tag-latest-headlines","11":"tag-new-york","12":"tag-new-york-city","13":"tag-new-york-politics","14":"tag-news","15":"tag-newyork","16":"tag-newyorkcity","17":"tag-ny","18":"tag-nyc","19":"tag-politics","20":"tag-united-states","21":"tag-united-states-of-america","22":"tag-unitedstates","23":"tag-unitedstatesofamerica","24":"tag-us","25":"tag-usa"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115376153466278431","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/304367","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=304367"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/304367\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/304368"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=304367"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=304367"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=304367"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}