Nabe News: May 26
New rent proposal, Fleet Week, and Bowery development, all in today’s neighborhood news roundup!
Earlier today Governor Paterson unveiled a new proposal to change the rent laws. The plan includes a provision to make it more difficult for landlords to destabilize rent regulated apartments. Specifically, raising the market-rate threshold to $3,000 [Cityroom]
As of today, Ludlow Street eatery Paladar is under new ownership. Aaron Sanchez of Food Network fame sold his stake [Eater]
Fleet Week 2010 is upon us [Gothamist]
The corner of Bowery and Great Jones is primed for some development. A real estate listing recently surfaced for the property, which currently houses a threatened auto repair shop [EV Grieve]
The Battery Tunnel is 60! [Second Avenue Sagas]