Sentences with phrase «new rent stabilization»

... Although June 15, 2015 is the day that several laws creating our rent stabilization system are set to expire, your legal obligations under existing leases and under the passage of the new rent stabilization program will not expire on that day; and any attempt to circumvent those responsibilities will face the full brunt of the law and all legal consequences.»

Not exact matches

«The New York State Court of Appeals, the state's highest court, has reaffirmed the long - standing legal practice and widely held understanding of the application of the Rent Stabilization Law's vacancy decontrol provisions,» REBNY's president John Banks said in a statement.

Joseph Jerome, the principal of JEMB and the moving force behind the Small Business Coalition; Taxpayers for an Affordable New York, an earlier manifestation of the powers behind Jobs for New York; Katrina Peebles, wife of Roy Peebles of the Peebles Corporation, the largest black - owned real estate company in the country and recent buyer of 346 Broadway; Stephen L. Green, real estate magnate and brother of boy wonder Mark Green; Aaron Sirulnick, chairman of the Rent Stabilization Association: these are the hefty contributors to the campaigns of Rafael Espinal, one - term Assembly Member and cutout for the Dilans and Vito Lopez.

The Rent Stabilization Association, a landlord group, called the new rent laws «an indication of the increasingly hostile environment for residential property owners in the City of New York.&raRent Stabilization Association, a landlord group, called the new rent laws «an indication of the increasingly hostile environment for residential property owners in the City of New York.&raqnew rent laws «an indication of the increasingly hostile environment for residential property owners in the City of New York.&rarent laws «an indication of the increasingly hostile environment for residential property owners in the City of New York.&raqNew York.»

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.

• The rent is too damn high: ProPublica reports on how landlords take advantage of a loophole to undermine rent stabilization for over 260,000 New York City families.

But it does not stand in the way of action on the broader rent stabilization law, which applies to about one million units in New York City.

The Republican State Leadership Committee and its affiliated 501 (c)(4), the State Government Leadership Foundation, have made significant donations to New York political groups, including $ 10,000 to the Balance New York super PAC, most of whose funds in turn come from the Rent Stabilization Association PAC and the Neighborhood Preservation Political Action Fund.

All three of the candidates agreed that the Urstadt Law, which allows Albany to set standards for rent stabilization in New York City, should be repealed, though it might be difficult to do so.

«This governor has spent his entire career in public service fighting homelessness and building affordable housing and it's under his leadership that New York is implementing an unprecedented $ 20 billion anti-homelessness and housing problem, twice strengthened rent protections with Assembly Democrats and created a tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization,» said spokesman Rich Azzopardi.

Earlier this month Cuomo, Skelos and Silver reportedly met with representatives of the real estate industry, including members of the Real Estate Board of New York and the Rent Stabilization Association.

The New York State Assembly has voted to extend New York's rent stabilization and rent control laws in their current form through June 15,...

The group had been the subject of actions brought by New York Attorney General Robert Abrams for noncompliance with its duties under the rent stabilization laws.

The New York State Assembly has voted to extend New York's rent stabilization and rent control laws in their current form through June 15, 2018, Assembly Speaker Sheldon Silver and Housing Committee Chair Vito Lopez announced today.

It would be a travesty if the city Los Angeles can pass $ 15 - an - hour minimum wage, and the City of New York leaves the tenants swinging in the wind with the cuts to rent stabilization,» Mr. Sharpton said.

Mr. de Blasio warned that only days remain before the end of the legislative session — and before New York City's rent stabilization and rent control laws expire, which could leave roughly one million regulated apartments open to becoming market rate.

Rent Stabilization Board staff say the cost of maintaining regulated buildings is up 5.7 percent over the last year, Capital New York reported.

The New York Observer spoke to Joseph Strasburg, president of the Rent Stabilization Association of New York, who advocates for landlords with the city and state legislatures.

Also linked to the debate over rent stabilization is a real estate tax break that saved New York City developers more than $ 1 billion last year.

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.

New York Communities for Change blames Cuomo for failing to embrace its priorities for tenants, such as ending a practice that allows landlords to raise what is known as preferential rent on apartments in the state's rent stabilization program.

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.

The Rent Stabilization Association, which represents 25,000 landlords, says it will request an increase of 4 percent for new one - year leases and 7 percent for two years.

The New York Observer spoke to Joseph Strasburg, president of the Rent Stabilization Association of New York, who advocates for landlords with the city...

These buildings that received these 421 - a benefits are subject to rent regulation; the apartments must be registered; owners must provide rent - regulated leases to the tenants; and annual rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization rent regulation; the apartments must be registered; owners must provide rent - regulated leases to the tenants; and annual rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization rent - regulated leases to the tenants; and annual rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization rent increases must be limited to what is prescribed by the New York City Rent Guidelines Board and the Rent Stabilization Rent Guidelines Board and the Rent Stabilization Rent Stabilization Law.

His biggest donor was the Rent Stabilization Association's PAC and Neighborhood Preservation Political Action Fund, which shelled out $ 82,000 for him, according to the New York Public Interest Research Group.

Uber was followed by the Greater New York Hospital Association, which spent $ 1.45 million and the Rent Stabilization Association of New York, which spent $ 943,280.

«We will vet it and we will pick it apart, but being linked to rent stabilization or rent control — something that effects millions of people in the city New York — doesn't help,» he said.

The Rent Stabilization Association of New York more than doubled its lobbying efforts in 2016, jumping from the $ 1.4 million it spent in 2015, according to a report released by the state's Joint Commission on Public Ethics on Thursday.

Other top spenders included the Greater New York Hospital Association, $ 1.45 million; the Rent Stabilization Association of New York, $ 943,280; New York State United Teachers, $ 858,846; and AARP $ 790,717.

«If we lose the rent law fight this year, we'll walk away with some legislation that could be the end of rent stabilization and really the end of affordable housing in New York City,» Benjamin said.

The campaign, known as Up4NYC, is intended as the start of a discussion about housing laws as the State Legislature will decide what to do with rent stabilization laws that are set to expire on June 15, according to the New York Times.

A Heastie speakership would be a boon to Mr. Schlein and the many clients — the Rent Stabilization Association, the New York Hall of Science, Dominion Voting Systems and the Yankees, to name a few — he has represented before the city and state government.

The Senate is the last word before Gov. Cuomo on some of the most important issues to the real estate industry, including the 421a developer tax exemption and New York City's rent stabilization laws.

Among the accusations is that Mr. Skelos voted for 421 - a and rent - stabilization bills that would benefit a major New York City property owner that was employing Mr. Skelos's son, Adam, who also was charged.

Rent stabilization laws, which regulate rents for more than one million apartments in New York City, and the 421 - a housing program are scheduled to expire on June 15 unless the Legislature takes action.

map New York's rent laws are set to expire next year, and opponents of rent stabilization will be doing everything in their power to undo the rent regulations that we've fought so hard for.

Gov. David A. Paterson today released a package of proposed changes to New York rent laws today, including a measure that would make it harder for landlords to remove apartments from rent stabilization.

The Rent Stabilization Association, which represents 25,000 city landlords, is out with new ad slamming Mayor Bill de Blasio and arguing against a potential...

The state senator on Monday is sending a letter to the New York State Department of Homes and Community Renewal's commissioner RuthAnne Visnauskas urging her to inform tenants if the agency suspects their apartments were illegally removed from rent stabilization under the J - 51 tax abatement program.

The transactions followed a similar pattern from 2014, when the Rent Stabilization Association gave $ 600,000 to the Republican State Leadership Committee, which gave nearly $ 1 million to Balance New York.

According to its website, the Rent Stabilization Association is the largest trade association in New York City «exclusively dedicated to protecting and serving the interests of the residential housing industry,» and represents 25,000 property owners and agents responsible for approximately a million units of housing.

Even to tenants who never knew his name and could never afford to live in one of his buildings, Mr. Litwin was an unseen power: a voice in the Rent Stabilization Association, the landlord organization that battles tenant groups annually over rent increases, set by the New York City Rent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the cRent Stabilization Association, the landlord organization that battles tenant groups annually over rent increases, set by the New York City Rent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the crent increases, set by the New York City Rent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the cRent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the crent - stabilized apartments in the city.

CITY HALL — In the face of potential threats to rent stabilization and rent control rules set to expire in June, city officials and advocates are gearing up to back new legislation proposed by State Sen. Adriano Espaillat that would strengthen and extend housing protections.

The Rent Stabilization Association, the city's largest landlord organization, Friday threw its support behind the plan by Assemblyman Andrew Hevesi (D - Queens) called the Home Stability Support program that is intended to reduce reliance on homeless shelters by creating a new statewide rent subsidy to keep people in their hoRent Stabilization Association, the city's largest landlord organization, Friday threw its support behind the plan by Assemblyman Andrew Hevesi (D - Queens) called the Home Stability Support program that is intended to reduce reliance on homeless shelters by creating a new statewide rent subsidy to keep people in their horent subsidy to keep people in their homes.

Mr. Kalikow currently serves as Vice Chairman of the Rent Stabilization Association, Director of Associated Builders and Owners of Greater New York and as a Class «A» Member of the Real Estate Board of New York.

The new statement reiterates NAR's position that government programs that limit rent increases or impose other rent - related restrictions on landlords unfairly restrict private property rights and it encourages local and state associations of REALTORS ® to oppose legislative measures that allow for rent control or rent stabilization programs.

New York's «Rent Stabilization Code» («Code») imposes certain limits on the abilities of landlords to alter lease terms upon lease renewal.

In New York, for instance, the Rent Stabilization Code provides «a lease renewal window of not earlier than 150 days out and no less than 90 days out» according to Teri Karush Rogers at Brick Underground.