CM Dinowitz questions OMB on Mitchell-Lama rent increases and HPD oversight

You know the mayor mayor mom Danny ran on a promise of affordability and rent freezes But notably that rent freeze excludes our city managed properties including our city-run Michelamas

HPD oversees and manages these these developments over a hundred developments having approval and authority over operations.

How many HPD asset management staff are dedicated to ensuring the health of city-managed Michelama properties?

And what role does OMB play in ensuring that developments remain affordable and healthy to low- and middle-income New Yorkers and co-op owners in these developments?

And I want to highlight Tracy Towers in my district, which over the next four years will face a 30.6% rent increase.

And over the last four years faced a 22% rent increase, which is as about...

Opposite of the mayoral promise that he campaigned on as you can get.

We're happy to look into that and have a discussion with you, Councilmember.

Can you describe OMB's role in working with HPD to make sure not only the investments that we allocated for the City of Yes funding and the state provided

are going towards these buildings, but OMB's role in ensuring that rents don't skyrocket so the residents of Tracy and our other city-run Mitchell Lamas can live affordably and with dignity?

We are not involved in the oversight or review of rent increases.

So we will be happy to talk to HPD and look at their oversight and supervision of the program and happy to have a discussion with you about if there's any way that agency services can be focused on that.

Okay, thank you.

We'll continue the conversation.

Thank you for the extra time, Chair.

Great.

Okay, Councilmember Lewis followed by Councilmember Ong.