Nearly 700,000 rent-stabilized homes need a $4.65 billion bailout

Housing New York with Kenny Burgos

Housing New York with Kenny Burgos
Nearly 700,000 rent-stabilized homes need a $4.65 billion bailout
Dec 16, 2025 Season 1 Episode 60
Housing New York

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With expenses far outpacing rents, urgent policy reforms are needed to avoid widespread default in distressed affordable housing. We examine new reports from NYHC and NYAA

Kenny also has the latest on COPA and the Kingston rent control saga — and be sure to check out the brand-new edition of Housing New York Magazine.

Plus, do you or someone you know qualify for a rent freeze

This is your New York Apartment Association weekly update with CEO Kenny Burgos.

Follow @housingny on Instagram X TikTok YouTube & Substack 

Send us questions or comments at podcast@housingny.org 


On The Agenda

1:09: NYHC report says policy reforms needed to avert affordable housing failure

→ Bloomberg: NYC’s Squeezed Landlords Need $1 Billion to Help Avoid Default 

      → NYAA: $4.65 Billion Rent-Stabilized Building Bailout Needed

3:44: City Council rewrites COPA 

5:31: Kingston update 

7:03: Do you qualify for a rent freeze? Spreading the word on SCRIE & DRIE

→ Check if you or someone you know qualifies at nyc.gov/rentfreeze 

8:40: Kenny’s holiday housing wishlist 

9:05: Year-end compliance crunch checklist 


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Episode Artwork Nearly 700,000 rent-stabilized homes need a $4.65 billion bailout 11:12 Episode Artwork The evidence for rent-stabilized housing distress is now overwhelming 12:50 Episode Artwork We have a new mayor… Now what? 8:30 Episode Artwork Nonprofit affordable housing providers are sounding the alarm. 11:07 Episode Artwork Election preview: housing on the ballot & Mamdani’s “Plan B” 6:44 Episode Artwork The masses are starting to catch on to the fact that thousands of rent-stabilized buildings are under water 9:27 Episode Artwork A brutal ballot fight ends with a victory for housing — and democracy. 11:47 Episode Artwork Housing is back on the ballot this November 10:06 Episode Artwork It’s hot out there, but rent freezes are even hotter. 9:34 Episode Artwork The “Most pro-housing administration in city history”? We break it down. 12:00 Episode Artwork HNY’s 50th EP! 🥳 Cuomo calls to repeal Urstadt & NYC must expand voucher access, court rulesUntitled Episode 9:00 Episode Artwork Inadequate rent adjustments, the Democratic primary & changes to HVS 9:13 Episode Artwork The Rent Guidelines Board’s final vote is fast approaching. Here’s what’s at stake 9:17 Episode Artwork Election time: Rent Freeze defines mayoral race 8:22 Episode Artwork Summer is here and the mayoral race is heating up! 9:18 Episode Artwork A Two-Person Race For Mayor. Who Is Better On Housing Supply? 9:13 Episode Artwork “…any purchase price over $1 would be ludicrous.” 8:06 Episode Artwork Why a rent freeze has consequences for many older buildings 11:41 Episode Artwork Housing in the state budget, the White House’s proposed Section 8 cuts & more 9:33 Episode Artwork The Rent Guidelines Board announces preliminary rent adjustment ranges 10:10 Episode Artwork Renewed push for housing vouchers in the state budget 9:18 Episode Artwork The Rent Guidelines Board data says 6.25% rent increase is necessary to prevent building deterioration 7:42 Episode Artwork Andrew Cuomo’s housing plan, the Rent Guidelines Board & composting 7:49 Episode Artwork For housing in the Bronx, it’s starting to feel eerily like the 1970s… 9:50 Episode Artwork Another year of misleading data from the Rent Guidelines Board. We correct the record. 9:43