Kenny Burgos
@KennyBurgosNY
Rent stabilized housing is 40% of housing in NYC and it’s being defunded. CEO @housingny. Recovering politician. Trying to hit my daily protein.
Want to know how we can fund a free NYC bus program? Or technology and park upgrades? I’ll show you. ⬇️
Every day we see a project filing cut off at 99 units to avoid the wage floor put into 485x by unions. They are not getting the work and the city is not getting the housing. Everyone loses. > The largest new building application filed was for a 99-unit project at 67 4th Ave.
The rent stabilized crisis continues its path through the lowest income neighborhoods in NYC. Owners selling properties for less than a bathroom/kitchen reno (per unit) You won’t see this on Zillow and won’t see it in public, but it’s happening as we speak.
“We are going to do X, and someone else will pay for it. That seems to be the path of least resistance to getting votes for any office,” - @markcuban
Add Liberty Mutual to the list of insurance companies who are exiting the NY market. Only lawmakers can improve this environment. Conn./N.J./N.Y.: Liberty Mutual to add N.Y. construction exclusion to Conn., and N.J. policies - PIA Northeast News blog.pia.org/2025/07/02/hea…
I think there’s some confusion on what buildings I’m speaking about when I discuss rent stabilization. I promise you it’s not this $800M 5th Ave building owned by a certain former governor.
NYCHA is widely known as the worst landlord in New York City, and ironically, it is the city. Public housing has over 177,000 apartments in chronic disrepair. Advocates and lawmakers typically defend NYCHA’s failures as a funding problem. But now look at rent-stabilized…
Local Law 97 combined with blanket rent freezes isn’t climate policy — it’s an eviction notice for thousands of buildings and tens of thousands of renters. nytimes.com/2025/07/13/nyr…
More leaders need to acknowledge this is the only solution. History will be kind to the leaders who meet this moment with the level of urgency it requires.
The only solution to New York’s housing crisis is to build more housing and that’s exactly what we're doing. Since I became Governor, we’ve built, preserved, or are constructing 350,000 homes across New York and we aren't slowing down.