Sentences with phrase «regulated apartment rent»

Not exact matches

De Blasio's appointees to the city's Rent Guidelines Board delivered a two - year freeze in rents on rent - regulated apartments, which make up about half of all rental apartment stock in the cRent Guidelines Board delivered a two - year freeze in rents on rent - regulated apartments, which make up about half of all rental apartment stock in the crent - regulated apartments, which make up about half of all rental apartment stock in the city.

On Thursday, Andrew M. Cuomo, the New York attorney general, said he was preparing to sue Vantage Properties, a private - equity - backed owner of 9,500 mostly rent - regulated apartments in working - class neighborhoods across New York City.

Also at 11 a.m., homeless New Yorkers and tenants from rent - regulated apartments and public housing in New York City hold a rally, Gov. Andrew Cuomo's office, 633 Third Ave., Manhattan.

In a rare victory for landlords, the New York Court of Appeals ruled they had acted properly in pushing up rents when they converted thousands of regulated apartments to market - rate units.

At noon, elected officials, including LG candidate and Brooklyn Councilman Jumaane Williams, tenants from rent regulated and NYCHA apartments and Upstate / Downstate Housing Alliance members, deliver thousands of signatures to the governor, demanding that housing be a priority in this year's budget, Cuomo's office, 633 Third Ave., Manhattan.

Nixon traveled to the Bronx to propose a tenant - protection plan that includes dumping a provision that allows landlords to hike rents by 20 % each time a rent - regulated apartment is vacated.

In my 19 years in the State Assembly, I represented tens of thousands of residents who called a rent - regulated apartment home.

The Council is crafting a bill that would require online home - sharing companies to provide the Mayor's Office of Special Enforcement with the addresses of their listings — a potential blow to Airbnb if its users are revealed to be turning rent - regulated apartments into business enterprises in a city starved for more housing.

The fight for affordability in the city focuses in large part on retaining the stock of about one million rent - regulated apartments, but regulated does not necessarily mean affordable.

She applauded the mayor's two years of rent freezes for tenants in regulated apartments and his recent update to his plan to create or preserve 200,000 affordable housing units by 2024 to cover more low - income individuals, but wants the city to go farther.

One would require tenants to verify their income with the state while the other would require a rent regulated apartment to be a person's primary residence.

(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.

Rent - regulated tenants living in Toledano's buildings, organized as the Toledano Tenant Coalition, have further alleged that the landlord has arbitrarily denied their lease renewals, ordered them to vacate their apartments, and intimidated them.

In his remarks, Commissioner / CEO Darryl C. Towns welcomed guests and reiterated Governor Cuomo's commitment to protecting tenants and making information readily accessible to both tenants and owners of rent - regulated apartments.

«As a recent report released by the Assembly documents, more than 10,000 rent - regulated apartments are lost in our city each year.

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.

The issue is of particular importance to New York City, where more than 2 million residents live in rent - regulated apartments.

We should not be leaving the fate of millions of families in rent regulated apartments in limbo over a tax break for hedge fund billionaires to send their kids to lavish prep schools.»

Assembly Speaker Sheldon Silver says with fuel prices plummeting, rents in regulated apartments should even be reduced.

During the floor debate, Senator Cathy Young, chairwoman of the chamber's housing committee, defended the legislation saying it «would give eight years of predictability and stability» for tenants in rent regulated apartments.

Mr. de Blasio specifically called for the end of vacancy decontrol, a law that allows property owners to take apartments off the rent - regulated list when they go vacant.

Squadron expressed his frustration with upstate Republicans creating legislation to regulate rent - regulated apartments when there aren't any in their districts.

TPU served a comprehensive subpoena on an East Village landlord who has allegedly engaged in the harassment of Spanish - speaking tenants in order to force them out of their rent - regulated apartments.

New York City's Rent Guidelines Board (RGB) has voted for a freeze on regulated rents, a historic move that impacts more than one million rent - stabilized apartments in the cRent Guidelines Board (RGB) has voted for a freeze on regulated rents, a historic move that impacts more than one million rent - stabilized apartments in the crent - stabilized apartments in the city.

Just hours earlier, the State Assembly had voted to give residents living in the city's 1 million rent regulated apartments a brief reprieve - pushing back the expiration of the rules until Friday while they hammer out a deal.

Other changes to the ZQA and MIH proposals suggested by the Manhattan board include anti-harassment provisions to prevent the displacement of existing rent - regulated tenants, and an enhanced strategy for determining the level of affordability for new apartments.

Democrats in the state Assembly had mounted a strong push to tie approval for a new tax abatement to rules that would make it harder for New York landlords to turn rent - regulated apartments into free - market units.

Like Alcantara, Hamilton represents a largely nonwhite district with a significant stock of rent - regulated 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.

If you are a progressive in the city, and wonder why New York can't have single - payer healthcare, grow its stock of rent - regulated apartments, or offer tuition assistance for undocumented immigrants, you can blame Senate Republicans.

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.

The current laws governing rent - regulated apartments expire on Monday, and there is general sentiment among lawmakers that no agreement will be reached by then.

«I'm one of those guys with a shitty landlord,» said Assemblyman Marcos Crespo, who lives in a rent - regulated apartment in the Bronx.

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 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.

«Many seniors live in rent - regulated apartments,» she told Crain's, adding that as much as 45 percent of older New Yorkers have been in their home for decades.

Councilman Dan Garodnick, who represents parts of Manhattan and also lives in a rent - regulated apartment, said his district includes many rent stabilized units, which house some of his relatives and friends.

The conclave did pass a resolution urging Democratic legislators to repeal vacancy decontrol, a process by which rent - regulated apartments join the open market if they exceed a certain rent levels.

ALBANY — There's never been a better time to be a low - income senior living in a rent - regulated apartment in New York City.

Pine Management is trying to evict a 94 - year - old tenant who has lived in one of its rent - regulated apartments on the Upper West Side for...

The median income for tenants of the 1.02 million rent - regulated apartments in New York City is $ 38,000, according to the report.

Rising rents also make it difficult for tenants with regulated apartments to even consider moving.

«Every year more than 10,000 rent - regulated apartments are lost because of loopholes in the rent laws,» Silver said.

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.

An investigation by the Tenant Harassment Prevention Task Force allegedly found that the two men shut off heat to rent regulated apartments even as outside temperatures dropped below freezing, illegally destroyed interior walls and common areas, and exposed tenants to 88 times the legal amount of lead dust.

If the rent laws stay the same, the city estimates that 100,000 apartments might exit the system in the coming months, including nearly half of the 19,000 rent - regulated apartments in TriBeCa and Lower Manhattan, according to the Daily News.

When a tenant moves into a vacant rent regulated apartment, the landlord is allowed to bump up the allowed rent by 20 percent on a two - year lease, a process commonly referred to as a «vacancy bonus.»

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.

Commissioner / CEO Darryl C. Towns welcomed guests and reiterated Governor Cuomo's commitment to protecting tenants and making information readily accessible to both tenants and owners of rent regulated apartments.