July 28, 2014 Rents have become increasingly unaffordable in New York City. NYC has been in a housing crisis for decades. A housing crisis, defined as under 5 percent vacancy rate, in NYC triggers an elaborate system of rent regulation. Rent regulation is not a subsidy program, but a system in which rents are regulated…
JULY 7, 2014 As housing costs across New York City skyrocket, rent stabilization is often one of the only protections keeping low-income, working-class and middle-class folks in their neighborhoods for the long-term. Yet, on June 23rd, New York City’s Rent Guidelines Board voted for a rent increase for the city’s 2.5 million rent-stabilized tenants. Ignoring…
Families, minorities pushed out by waves of tenants who can pay more. June 25, 2014 By Solvej Schou For renters’ rights advocate Jean Folkes, the fight to maintain stabilized rents in increasingly pricey New York City—where rents average a massive $3,000 a month—is not only political but personal. The Brooklyn tenant has spent months passionately…
Regulators Approve Small Increases for N.Y. Rent-Regulated Tenants By JOSH BARBANEL The city Rent Guidelines Board narrowly approved small rent increases for rent-regulated apartments Monday night despite Mayor Bill de Blasio’s urging earlier in the …MORE Hosted by Australia for the first time, the tournament will run from 9 to 31 JanuaryThe airport looks good,…
The Associated Press on June 23, 2014 – 9:25 PM NEW YORK (AP) — New York City tenants in nearly a million regulated apartments will be digging deeper into their pockets. The Rent Guidelines Board on Monday voted 5-4 to raise rents on stabilized apartments by 1 percent on one-year leases and 2.75 percent on…
By Ryan Hutchins 5:56 a.m. | Jun. 4, 2014 The line to get into the Alexander Hamilton U.S. Customs House stretched out the door for a good hundred feet one evening in early May. The tightly-controlled structure on the Bowling Green was not the best choice of location for a meeting that would turn out…
Deadline looms for Urban American and City Investment Fund to recapitalize or break up package March 05, 2014 04:58PM By Adam Pincus An affiliate of the property giant Brookfield Properties is the leading bidder to buy a large stake as part of a refinancing of a $1 billion apartment portfolio in Upper Manhattan and Roosevelt…
De Blasio Wants to Give Rent-Regulated Tenants a Holiday From Rent Increases This Year By JOSH BARBANEL Mayor Bill de Blasio’s push to give rent-regulated tenants a holiday from rent increases …MORE Her PhD thesis in history of science and medicine focuses on cerebral theories of adolescence, in a gender perspective They were fighting.michael kors…
Agency Rent-Regulation System Is More Tenant Friendly, Many Say By JOSH BARBANEL The state agency that oversees New York’s rent-regulation system in New York has changed the game, by making the rules more friendly to tenants, both landlords and tenant leaders say. Katie Goldstein, director of organizing for New York State Tenants & Neighbors …MORE…
With only 11 days until the 2014 general election, political junkies are watching the battle for the New York State Senate closely to see which party will control the chamber. But for tenants and housing advocates, this coming election is only the starting point: the real date to watch is June 15, 2015, the day…