In this Op-Ed, Robert Knakal, chairman and founding partner of Massey Knakal Realty Services examines the flaws in New York City's rent regulation policies. Knakal asserts that rent regulation- in its current form- is not an effective affordable housing policy.

Residents in Carroll Gardens are divided over a possible extension of the Carroll Gardens Historic District. The neighborhood was downzoned last year and proponents of the landmarking process believe historic designation will provide extra protection for the area, which saw extensive development during the building boom a few years ago.

A proposed seven-story Toll Brothers residential project in DUMBO was well-received by members of the Community Board 2 land-use committee this week. Committee members expressed appreciation that the developer opted not to build up to the maximum height of 12 stories, instead proposing a seven-story structure designed to fit the character of the former industrial neighborhood.

A new Association of the Bar of New York City report criticizes the recent and growing use of community benefits agreements in several high-profile development projects across the city. The report suggests CBAs may even be illegal as recently used by developers in New York, arguing they have allowed developers to “buy” zoning approvals.

The state moved forward this week on the planned Moynihan Station, selecting architecture firm Skidmore Owings & Merrill to complete design work for the first phase of the project. The firm has long had a role in the design of the train station, which will be located in the Farley Post Office across from Penn Station.