New York 10/01/2014 by Linda Perry Barr (WBAI) “Albany, Give rent regulations back to NYC.” That’s the message from Elected Officials and Tenant Advocates at an affordable housing rally at City Hall on Tuesday. They want the 1971 Urstadt Law, which gave control of the City’s rent regulations to Albany, repealed and control returned to…
Thursday, August 21, 2014 By Janet Babin : Economic Development Reporter, WNYC News Mayor Bill de Blasio set an ambitious affordable housing agenda, promising the city he would build or preserve 200,000 units of affordable housing over the next decade. The administration has made clear that a majority of those units will come from preserving…
Did you know that 80 percent of poor renters in rent-regulated apartments pay rent that is more than 50 percent of their income, up from 64 percent in 2005?* Statistics like these illustrate the pressing need to address the issues surrounding affordable housing and renters’ rights. In the August 3 episode of “Represent NYC,” State…
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…