Sentences with phrase «rent stabilization»

Any violation of rent stabilization laws, not providing heat and hot water and disabled access will not be tolerated.
The suit alleges that since no tenants are actual homeowners, the hikes are egregious and exploit tenants who would otherwise be protected by rent stabilization laws.
That's because once the contracts with the city expire, the landlords may be able to permanently remove the apartments from rent stabilization and rent out the apartments at high, market rates.
Have you checked the online city list to see if it's included in rent stabilization.
She seemed comfortable with rent stabilization while saying it's unfair to landlords to not allow rent increases while simultaneously raising property taxes and water bills.
Rent stabilization certainly is not enough to create viable mixed income communities, especially with high concentrations of low income earners.
Rent stabilization laws last came under review in 2011 and, since then, more than 35,000 affordable units have left the system, according to city officials.
The unauthorized video of Rent Stabilization Association President Joe Strasburg speaking to a group in Brooklyn earlier this week turns out to be a treasure trove of information when it comes to understanding the politics of the rent control battle in Albany this year.
«While today may be the legal expiration date for some of these laws, landlords should under no circumstances believe that their responsibility under the current rent stabilization program has expired.»
A spokesperson for Cuomo says he has twice strengthened rent protections and created the first of its kind tenant protection unit that placed more than 6,000 buildings and 61,000 units back under rent stabilization, and $ 550 million for NYCHA.
If you own rental property in the City of Los Angeles, it may be subject to the city's Rent Stabilization Ordinance (RSO).
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agreed that the Urstadt Law, which allows Albany to set standards for rent stabilization in New York City, should be repealed, though it might be difficult to do so.
If the court rules in the AG's favor, it could dissolve the co-op and allow rent increases to be governed by rent stabilization laws.
«While today may be the legal expiration date for some of these laws, landlords should under no circumstances believe that their responsibility under the current rent stabilization program has expired,» the governor said, according to the newspaper.
It reported receiving $ 50,000 from investor Thomas McInerney on Oct. 10 and $ 10,000 from the landlord - backed Rent Stabilization Association two days later.
According to IRS records, the $ 500,000 Rent Stabilization donation went to the Leadership Committee's political arm (designated as a «527» group); the donations to Balance New York that appear in IRS records came from the same entity.
There, the governor appeared to endorse the Assembly's proposals for rent regulation, calling for an end to vacancy decontrol, ending permanent charges for major capital improvements and raising the price at which an apartment is able to leave rent stabilization from the current threshold of $ 2,500.
Through multiple election cycles, Klein and his colleagues have fallen in line behind Republicans and served as a key insurance policy on key issues like rent stabilization and tax abatements.
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 agency.
In 2011, the chamber approved changes that exceeded what the Senate would agree to, including repealing vacancy decontrol, which allows landlords to take a unit out of rent stabilization if the legal rent exceeds a certain amount.
The state oversees New York City's system of capping rent increases, known as rent stabilization.
RSA PAC, the political committee of the landlord group Rent Stabilization Association, spent more modestly than REBNY in the period, reporting just under $ 89,500 in expenditures.
The landlord can only raise the rent once a year by the amount allowed by the East Palo Alto Rent Stabilization Board.
This year's legislative action is expected to feature debates over the minimum wage, New York City's rent stabilization rules and government ethics.
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.
Legislative negotiators have the framework to put a new rent stabilization agreement in place, and a law could be enacted as soon as today,...
Tenant advocates need to stop crying and complianing about rent stabilization because WE ALL KNOW the RS laws are PRO-TENANT laws.
According to her website, Hidalgo's priorities if elected would be to strengthen rent stabilization laws and affordable housing solutions, initiate more education programs for local children, and create resources that reduce the drop - out rate in school.
• 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.
The NYC passed legislation urging Albany to extend the city's rent stabilization requirements.
Less than a month after losing its legal bid to overturn the Rent Guidelines Board's rent freeze, the landlord coalition Rent Stabilization Association is...
«Housing cooperatives are meant to promote homeownership, not provide an end - around rent stabilization protections,» Schneiderman said in a statement.
Three Parks at the rally to save rent stabilization, end vacancy decontrol and end developers tax break 421 - a.
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.
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.
Mr. Rangel spoke to the Observer shortly after addressing a rally for more tenant - friendly rent stabilization — including the elimination of preferential rents, preventing landlords from removing vacant apartments from the rent control program and making charges for major capital improvements temporary rather than a permanent — in his native Harlem.
That group and the closely linked Rent Stabilization Association have been major GOP donors for decades.
She said he secured $ 50 million for affordable housing and fought to guarantee rent stabilization for more than 80 tenants after their landlords deceived them.
The mayor emphasized that the fate of rent stabilization rests with Mr. Cuomo and the State Senate.
An in - depth report by ProPublica's Marcelo Rochabrun and Cezary Podkul reveals that city and state regulators stood by as developer Two Trees Management disregarded laws requiring rent stabilization in exchange for the large property tax break it received.
The theory that rent control and rent stabilization caused the problems of the South Bronx in the 70s is a canard that landlords often pull out.
Those include city programs meant to protect and promote rent stabilization, and loans and tax breaks to landlords who keep affordable units or charge elderly and disabled tenants stabilized rents rather than market rates.
Rent stabilization uses the ROBIN HOOD theory... «take from the rich to give to the poor» How is that fair to landlords?
To help with housing affordability, Hawkins said he also supports repeal of the Urstadt Law to establish municipal home rule on rent regulations, rent stabilization coverage for all Mitchell - Lama and project - based Section 8 buildings that have left government supervision, and a rent affordability «circuit breaker» through an income - based tax credit to cap rents at 30 % of household income.
More than50 residents joined the elected officials to share their ongoing grievances over building conditions, rent stabilization rights, rent increases and evictions.
«Without rent stabilization laws, housing would be entirely unaffordable to families of the West Bronx.
Outdated rent laws and loopholes have allowed thousands of affordable units to exit rent stabilization each year.
Cuomo and de Blasio warned landlords not to make any changes until new legislation protecting rent stabilization is passed.
Rent Stabilization Association president Joe Strasbourg's comments on the video are a service to the public, and should be widely disbursed.

Phrases with «rent stabilization»

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