Sentences with phrase «by rent control»

Even in areas not governed by rent control laws, if you raise the rent too high, you risk losing a stable tenant.

But beware because either way you have to register your rentals and you have to abide by the rent control law.

In this example, the landlord is creating annual rent increases of $ 100.00 per year, which exceed the 3 % (or the applicable amount for any given year) annual increases allowed by rent control.

One strategy to raise rents yearly (starting with a new tenant and lease) more than allowed by rent control is to use the LEASE DISCOUNT PROGRAM recommended by rent control experts / lawyers Dennis Block and Zachary Larence.

If the rental is covered by a rent control ordinance in another county, check with the local government to determine how much and when the rent can be raised.

Since 289 Grand is a building protected by rent control, she added, the owner would be required to file additional paperwork proving residents» rights were not being violated.

As a result, the growth in rents in Ontario has not even kept pace with increases allowed by rent control laws.

Until the government expanded restrictions on landlord increases last April to include rentals built after 1991, 240,000 households weren't covered by rent controls and the number was increasing all the time, she said.

Note, under Section 5, Exemptions from the Act, not all tenants are covered, and additionally under Section 6, Other Exemptions, that tenants such as those who are living in any part of any building, or mobile home park, or land lease community, where that space was never previously occupied for residential purposes before November 1, 1991, are not covered at all by rent controls.

Not exact matches

That's because Penraat «has been profiteering from a rent - controlled apartment partially subsidized by another government program,» wrote Manhattan Supreme Court Justice Carol Edmead in her injunction.

Based on the usual rate that rent controlled areas can raise rent by (3 % per year), rent will be $ 8441 a month when you retire, and if you die at 80, your last month of rent will be $ 13,151.72.

Le Freeport, which is controlled by Yves Bouvier, a Swiss art dealer who is also a resident of Singapore, rents the space to firms that park merchandise there on behalf of clients.

A significant reason for SF's high rents is due to rent control: so many loser - lifer tenants skating by on low rents from the 80 - 90's at a fraction of current market rents.

Detached homes were selling for more than $ 1.8 million in April before the province moved in to cool the market by implementing a 15 per cent tax on foreign buyers and extending rent control rules, two of 16 measures that were part of its Fair Housing Plan.

«When you look at how much money somebody could make by turning a rental unit — particularly something that's rent - controlled, where the city is trying to keep rent low — into what is essentially a hotel room, you see there's a powerful incentive there,» said Ed Lazere, executive director of the D.C. Fiscal Policy Institute, which helped oversee the report.

But even the expansion of rent controls to newer buildings, which has been welcomed by tenant groups, hasn't made finding an affordable rental easier, said Mary Todorow, research / policy analyst with the Advocacy Centre for Tenants Ontario.

Run by radicals for approximately twenty years, Berkeley has experienced the virtual ruin of its public school system, a vastly increased municipal bureaucracy, a greatly diminished housing stock (thanks to stringent rent controls and other restrictions on property rights), increased crime and drug abuse, widespread corruption, and wholesale waste of public funds.

Last year, news emerged that Ann and her husband Nicolas had claimed more than # 80,000 in rent for a London property owned by a trust controlled by their children.

The Senate GOP bill, rejected by Democrats, would extend rent control until 2023 and require verification of income and primary residency in a unit.

But Assembly Speaker Sheldon Siver exited a closed - door meeting with Gov. Andrew Cuomo to say he expected the major pieces of legislation — a tax cap, SUNY tuition increase scheme, rent control for New York City — will be taken up and passed by the end of the day.

But with an economy still struggling to recover, rent control laws due to expire in New York City and a tax cap wanted by a large portion of the public, Senate Democrats may be trying to swim against the tide on the issue.

One compromise measure could be to link an extension of rent control to the passage of the tax credit, a bill that has an uncertain future in the Democratic - led Assembly and is backed by parochial and private schools.

The tax credit bill is linked by Gov. Andrew Cuomo to a larger push on strengthening rent control provisions, which expired at midnight.

The proposals were caricatured by the Conservative Party as «Venezuelan - style rent - controls» — but targeting «generation rent» and «hard working Britain» may yet prove to be a shrewd move.

By Corey Johnson A contributor to WestView in his seventies offered he could not live in the West Village if it were not for his rent - controlled apartment — but even so, he was still having trouble making ends meet on a fixed - income.

Cuomo could keep his latest promise merely by retaining the link to rent control and adding a few years to the sunset date — leaving the cap's ultimate fate in the hands of his successor.

But the fact is that political achievement was overshadowed by what tenant advocates did not get in the final deal: an abolition of vacancy decontrol, or a repeal of the Urstadt Law, which would have returned control of New York City rent stabilization policy to the city.

In addition, New York City's rent stabilization laws — which determine how much our rent can increase each year — are controlled by our State legislature.

According to reports, however, the deal doesn't repeal vacancy decontrol, the biggest threat by far to the entire rent - controlled and stabilized system.

The first highlights — filled with backroom political gossiping — were played during testimony by state Sen. Tony Avella (D - Whitestone), who described Skelos» power and explained how his own legislative behavior on issues such as rent control and fracking might have been different if he knew about the behind - the - scenes interests of Skelos.

The news would be if Flanagan and the Senate GOP felt enough pressure from their base to force the Assembly to sign - on to reforms, by tying something they want (like the rent control extension, or mayoral control, or... [insert long list here] to acceptance of SAFE Act changes.

Cuomo had initially linked stronger rent control laws to the passage of an education tax credit, which was pushed heavily by Senate Republicans and private - school backers.

Silver expressed hope that the rent control fight won't go down to the wire the way it has in years past, saying: «We set a precedent here, hopefully, by doing things early.»

The assemblyman said he thinks the current requirements «don't reflect all of the aspects» that need to be considered by a board that is tasked with setting guidelines for rent - controlled housing.

With many aspects of housing law and policy controlled by the state government, the Rent Guidelines Board is one of the few tools the mayor has to exercise some control over the cost of housing.

Meanwhile, the piece of legislation that could have the greatest impact on rent that is being backed by advocates would change the requirements for serving on the Rent Guidelines Board — the group that sets the rates for rent - controlled apartments and give the City Council approval over the Mayor's appointments to the brent that is being backed by advocates would change the requirements for serving on the Rent Guidelines Board — the group that sets the rates for rent - controlled apartments and give the City Council approval over the Mayor's appointments to the bRent Guidelines Board — the group that sets the rates for rent - controlled apartments and give the City Council approval over the Mayor's appointments to the brent - controlled apartments and give the City Council approval over the Mayor's appointments to the body.

The vote next week that determines which party controls the state Senate won't be decided by city dwellers — but they'll feel the impact on critical issues from rent control...

This year we have formed an Affordable Housing Committee, chaired by VID President Erik Coler, that meets regularly with the purpose of protecting rent - stabilized and rent - controlled tenants.

The event was organized by Perkin's successor, freshman Sen. Brian Benjamin (D - Harlem), who said a Democratic majority with Stewart - Cousins in charge would allow for progressive policies related to health care, rent control, education, and ending mass incarceration.

While some tenant advocates have been critical of the final rent control agreement, the criminal complaint against Silver mentions a document prepared by real estate interests that says Cuomo was more favorable to stronger rent laws than the speaker.

The mayor said that while he was encouraged by the Assembly's votes on one house bills earlier this year on both mayoral control and rent regulations, the governor and the Republican - controlled Senate were stalling.

And, he suggested, if lawmakers failed to act, they might feel the consequences at the ballot box, from the millions of voters affected by mayoral control and rent regulations.

So, for example, when rent control came up for renewal in 2011, the Assembly passed a bill expanding tenant protections, even though the companion bill in the Republican - controlled Senate had little chance of passage since it was sponsored by a Democrat.

There was some initial concern — mostly from Democratic lawmakers — that Senate Republicans would leave town after approving an eight - year extension of rent control on Monday that includes income and residency verification requirements opposed by the Assembly.

Meanwhile, Republican lawmakers have not budged on pushing for changes to rent control that are opposed by Democrats in the Assembly such as verification of income and residency.

Assembly Speaker Carl Heastie on Sunday rejected a bill introduced late Friday evening by Senate Republicans that would extend rent control for eight years, but does not provide for the broad - based strengthening of the laws Democrats and Gov. Andrew Cuomo say they are seeking.

Senate Republicans insist this evening they will vote for a bill that will extend rent control for the next eight years, though the votes may be hard to come by.

The last several weeks at the Capitol have been largely dominated by downstate issues like rent control and a real - estate tax abatement favored by developers.

McMahon told Fred Dicker that tying the cap to rent control, a proposal now embraced by Gov. Andrew Cuomo, was a «clever» move by Assembly Speaker Sheldon Silver, D - Manhattan.

Also at 9:30 a.m., Assemblymember Linda B. Rosenthal will be joined by advocates and tenants, to demand a rent freeze for rent - controlled tenants in her testimony at the biannual Maximum Base Rent hearing, 250 Broadway, Assembly hearing room, 19th floor, Manhatrent freeze for rent - controlled tenants in her testimony at the biannual Maximum Base Rent hearing, 250 Broadway, Assembly hearing room, 19th floor, Manhatrent - controlled tenants in her testimony at the biannual Maximum Base Rent hearing, 250 Broadway, Assembly hearing room, 19th floor, ManhatRent hearing, 250 Broadway, Assembly hearing room, 19th floor, Manhattan.