Recent comments in /f/nyc

moarwineprs t1_jcilp2g wrote

I wasn't up to 48k/year before 3K, but same. With 3K we pay for extended care to cover the entire work day and also DOE holidays. The daycare my kids go to received 1000s of applications this year for 3K. There's only space for something like 10 kids, with priority to applicants who are already students at the center.

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Major_Supermarket_57 t1_jcikrnh wrote

While what you say is true, there’s a lot of 3-K options that function in private daycares that provide an option to pay to complete the full day (8-6pm). My youngest kid is enrolled in one of them, and while you still have to pay (18k/year in my case) it’s a lot less than I paid with my first where 3-K for all wasn’t available in district 2 yet and the same school cost me 48k/year.

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theageofnow t1_jcijs56 wrote

No. There is no funding mechanism. Is it a “market distortion”? By limiting rent increases, surely, yes, but it’s not subsidized by the state or the city or federal government or anyone else. Also rent stabilized does not necessarily mean that the maximum legal rent is less than the market rate rent. There are many RS apartments whose rent is close to market rate (on average, they’re well below).

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theageofnow t1_jcih627 wrote

Given the vacancy rate in NYC is very low (<1%-3% over the last decade or so), this won’t actually do anything to make it easier to find an apartment for anyone and might just make it harder (by introducing more rules and more small landlords who have more time to be busybodies over micromanaging their tenants in their 10 apartments).

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theageofnow t1_jcigfom wrote

More restrictive zoning laws will make the city worse and more difficult to find lodging, both permanent and temporary. They just made it more difficult to build hotels a few years ago (NYC had a huge hotel construction boom… and corresponding boom in tourism). There is a shortage of lodgings, both permanent and temporary, which has manifested itself in AirBnB being very profitable for some people (it shouldn’t be)

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