Sentences with phrase «apartment rents increased»

Local apartment rents increased, the eviction rate was a bit higher than the state average and about 14 percent of Manchester's housing was labeled affordable last year, according to a recent report from the town planning department.
The S&P CoreLogic Case - Shiller National Home Price Index rose 6.2 % in January from the same month a year earlier, while the average apartment rent increased a more manageable 3.9 % in the first quarter from a year earlier, according to real - estate research firm Reis Inc. -LRB-...)
«Apartment rent increases are expected to accelerate from job creation leading to new household formation, particularly among the young adult population who will seek their own housing arrangements — many will be leaving their parents» homes, or choose to live with fewer roommates,» Yun said.
On a yearly basis, San Francisco apartment rent increased the greatest at 5.9 percent.

Not exact matches

With an overall increase in the number of Americans renting apartments, there is a need for more effective listing services.
It calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»
That study calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»
The only way community banks can compete with commercial banks is to undersell them or make an even bigger loan to the developers, and even bigger loans to the people who are trying to buy their apartments to gain security in housing from rent increases by going deeper into debt.
With relatively low median wages, some of the rent growth in Austin is expected from an increase in high - paid workers who will rent more expensive apartments, pulling the median rent up.
In our new Apartment List analysis, we concluded that Amazon will increase rents in any metro it chooses for its HQ2, but certain metros are more sensitive to its impacts than others, with rents expected to rise an additional 0.3 percent to 2 percent a year in cities across the country.
Most of the increase in rents in Atlanta would be due to an increase in the number of higher - end apartments rented by Amazon workers earning far more than the current area median of $ 36,340.
According to Apartment List analysis, rents in Raleigh, San Jose, Baltimore and Pittsburgh will be the most impacted by Amazon choosing to build its HQ2 in their metros, with rents expected to increase by an additional 1 percent or more per year over the next ten years.
Although renting is gaining market share from home ownership, recent increases in apartment construction suggest that rents increases won't be strong enough -LSB-...]
Apartment rents have also seen a healthy increase at 24.57 per cent over the first quarter of 2013 and 8.29 per cent rise over the fourth quarter of 2013.
In the inner Melbourne apartment market, prices have been flat for some time and falling in some areas, and rents have been under downward pressure, partly in response to the rapid increase in the supply of new apartments.
Broward County's overall average apartment rent as of August was $ 1,527, a 7 percent increase from a year earlier, according to the research company.
Increasing turnover was central to Vantage's business strategy, the attorney general's office said, so that it could charge much higher rents after renovating the newly vacant apartments.
According to Rent Jungle, the average apartment rent rates have increased by $ 31 or 7 % over the last 6 monRent Jungle, the average apartment rent rates have increased by $ 31 or 7 % over the last 6 monrent rates have increased by $ 31 or 7 % over the last 6 months.
New York City's Rent Guidelines Board met yesterday to begin the annual process of deciding how much rents can increase on the city's one million rent - stabilized apartmeRent Guidelines Board met yesterday to begin the annual process of deciding how much rents can increase on the city's one million rent - stabilized apartmerent - stabilized apartments.
The reform effort is focusing on two key priorities: Enacting Kavanagh's bill to repealing the «vacancy bonus» landlords receive in increased rents when tenants leave, and reforming the so - called «preferential rent» (AKA «bait - and - switch») provisions that allow landlords to raise rents dramatically after tenants are occupying an apartment.
Monthly rent for one - and two - bedroom apartments in 2017 increased...
And landlords will now only be able to increase rent for individual apartment improvements one sixtieth, versus one fourtieth, the cost of the improvement, though only in buildings with 36 or more units, something landlords claim will worsen housing conditions for tenants.
Further, landlords strenuously opposed the tenant - friendly increase of decontrol thresholds — the amount of monthly rent above which apartments can go market rate, from $ 2,000 a month to $ 2,500, and the raising of the tenant - income limit from $ 175,000 to $ 200,000.
Even though only about 13 percent of rent - stabilized apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized rents than the annual increases.
The Rent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for rent increases in stabilized apartments for one and two - year lease renewRent Guidelines Boards (one in New York City and one each in Nassau, Westchester, and Rockland counties) set maximum allowable rates for rent increases in stabilized apartments for one and two - year lease renewrent increases in stabilized apartments for one and two - year lease renewals.
(Credit Nathaniel Brooks for The New York Times) For decades, the cost of renting a regulated apartment in New York has been partly determined not just by annual increases approved by a city board, but also by the far bigger raises allowed when an apartment becomes vacant.
The to - do list read something like this: close the preferential rent loophole; make rent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a rent - regulated apartment for personal use; and reforming the Rent Guidelines Borent loophole; make rent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a rent - regulated apartment for personal use; and reforming the Rent Guidelines Borent increases for major capital improvements temporary; reduce the vacancy bonus; limit a building owner's ability to recover a rent - regulated apartment for personal use; and reforming the Rent Guidelines Borent - regulated apartment for personal use; and reforming the Rent Guidelines BoRent Guidelines Board.
Controlling rent - control (1997): As old rent - control protections faced a June 15 expiration, Silver lets the laws expire without ever calling on the lawmakers to debate — then immediately strikes a deal with Republicans to increase rent hikes on empty stabilized apartments.
The laws that cap rent increases on 1 million city apartments expire in June, and landlord groups, tenant advocates and politicians all agree that...
[NYP] • Despite some politicians» calls for a rent freeze, the Rent Guidelines Board has recommended increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized apartmerent freeze, the Rent Guidelines Board has recommended increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized apartmeRent Guidelines Board has recommended increases «between 2 and 4.5 percent» (in other words, 4.5 percent) on New York's stabilized apartments.
One of the largest operators of affordable multi-family housing in Upper Manhattan and the boroughs is suing the city's Department of Housing Preservation and Development for at least $ 4 million for lost income tied to deferred rent increases in subsidized housing vouchers at three apartment complexes in East Harlem.
While Governor Andrew Cuomo lobbies for rent - regulation, New York City landlords claim that they can not sustain their businesses without rent increases for stabilized apartments,...
Many tenants in New York City's roughly one million rent - regulated apartments will see their rents rise for the first time in three years after a city panel voted last night to allow landlords to increase rents on one - year and two - year leases.
Landlords of rent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmerent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apartmeRent Stabilization Association, which represents landlords of rent - regulated apartmerent - regulated apartments.
Court of Appeals Chief Judge Janet DiFiore wrote in her decision that state law makes it clear the vacancy rent increase should be counted when figuring if an apartment has reached the deregulation threshold.
How is it good for apartment renters to have their buildings fall into disrepair because some agency said a zero percent rent increase was ok?
Glover called on the governor to walk back a policy that allows landlords to increase rents by 20 percent whenever a rent - regulated apartment becomes vacant.
With estates being demolished to make way for luxury apartments, increasing rents, and families being stuck in temporary accommodation or forced out of London altogether, it is little wonder that many of the campaigners say they feel disaffected by mainstream politics.
Pendergrass» apartment is rent stabilized, meaning her lease is renewed every 2 years, with an increase set by the city's Rent Guidelines Borent stabilized, meaning her lease is renewed every 2 years, with an increase set by the city's Rent Guidelines BoRent Guidelines Board.
The Rent Guidelines Board voted to consider a 0 to 2 percent increase in rent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 percRent Guidelines Board voted to consider a 0 to 2 percent increase in rent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 percrent for stabilized apartments with one - year leases, while stabilized apartments with two - year leases will face an increase of.5 percent to 3.5 percent.
A decline in oil and gas prices could impact the Rent Guidelines Board's decision about whether to freeze, increase of decrease rent on the city's roughly one million rent - regulated apartmeRent Guidelines Board's decision about whether to freeze, increase of decrease rent on the city's roughly one million rent - regulated apartmerent on the city's roughly one million rent - regulated apartmerent - regulated apartments.
Mr. de Blasio stressed that he would not be satisfied with a simple extension of the existing regulations, but called for preventing landlords from removing vacant apartments from the rent control program and from increasing the rent 20 percent on stabilized apartments once they become unoccupied.
Residents of the Marine Drive Apartments face massive rent increases under new rates for units in the Waterfront facility.
An increase in the rent threshold at which apartments become market - rate, indexed to rise each year, is a step forward, but it only slows the bleeding — and is well short of de Blasio's target, ending vacancy decontrol completely.
Entitled, «The New Housing Emergency,» the report (in full below) says loopholes in the city's current rent - stabilization rules — like vacancy decontrol and rent increases due to renovations — result in the loss of more than 10,000 rent - regulated apartments per year.
The speaker has said strengthening the rent laws, which limit rent increases on more than one million apartments in New York City and surrounding suburbs, is the top priority of his conference.
Dozens of people who depend on rent - stabilized apartments said they can not afford any rent increase.
The rent law, which restricts rent increases for more than 2 million tenants in 1 million apartments in and around New York City, expired Monday at midnight after the Senate and the Assembly failed to reach a compromise.
Among the proposals in her «Rent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal ageRent Justice for All» program are ending the preferential rent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent loophole, by which landlords can offer an apartment for less than the legal regulated rent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent but can revoke this privilege whenever the lease is renewed; expanding rent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agerent stabilization statewide to buildings with six or more units, which is currently the law in New York City; and increasing funding to the state's Homes and Community Renewal agency.
Under rent regulation, the maximum rent for an apartment can increase no more than a certain percent every year, based on inflation, improvements to the building or apartment, as well as other costs.
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