Sentences with phrase «renting out all of the units»

Not exact matches

The small, furnished condos are popular with out - of - towners who stay in the units when they're in Vegas, and then have the building's management company rent them out (and arrange cleanings) the rest of the time.

However, the report focuses largely on commercial hosts, who don't live in their units and rent them out for income, raising concerns of possible evictions «if a landlord concludes that they can earn more from short - term rentals than from a long - term tenant.»

A house provides income as well — I have two smaller rental units and have also rented out 2 of 4 bedrooms for extra cash when I first bought the house.

The Republican Senate leader not only opposed cost - of - living increases to the rent and income thresholds at which units lose price controls — which Gov. Cuomo wanted — but he also ruled out calls to include a renewal of rent regulations in the looming budget deal.

A Manhattan Judge ruled that a single - room - occupancy hotel on the Upper West Side must stop renting short - term rooms out to transients and tourists — after attorneys for the building's tenants filed suit alleging the company was in violation of a March court ruling that said units could not be rented for less than 30 days.

New York City officials issued a summons to the owner of a condominium at Trump Tower that gained notoriety after being rented out on Airbnb, determining that the unit was being illegally advertised for rent.

The mayor argued that perpetuating the current statutes would only lead to more and more units being priced out of rent stabilization.

«Every day I hear from New Yorkers who are sick and tired of living in buildings that have been turned into illegal hotels through Airbnb because so many units are rented out to tourists, not permanent residents,» Rosenthal said.

BROOKLYN — A Crown Heights landlord who left tenants without heat in the winter and exposed kids as young as 6 to toxic amounts of lead dust to get residents out of his 14 - unit apartment building so he could charge more is proof the city's rent laws need to be strengthened, Attorney General Eric Schneiderman and Mayor Bill de Blasio said Wednesday.

In her State of the City address, Council Speaker Christine Quinn pointed out that 1,300 rent - controlled units were lost in one Tribeca development alone last year.

Units that went out of rent regulation because the rent laws were not strong enough,» said de Blasio.

Ms. James, a Brooklyn Democrat, laid out an aggressive agenda to curtail the powers of landlords, including an end to vacancy decontrol for units in the rent control system, a ban on property owners from increasing rents on vacant units, and a repeal of the Urstadt Law that puts the city's rent laws in the hands of the State Legislature.

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.

While the agreements slightly raised the thresholds for removing an apartment from the rent stabilization program and for passing along the costs of building improvements to tenants, it did not eliminate a landlord's power to yank a unit out of rent control once it becomes unoccupied, a reform Mr. de Blasio and Mr. Cuomo both called for.

The speaker of the City Council, Melissa Mark - Viverito, reported $ 128,521 in income, including $ 113,555 in salary from the City Council and $ 14,952 in income from a unit she rents out in her East Harlem townhouse.

Councilman Jumaane D. Williams also lashed out at Mr. Cuomo in his praise of the RGB, writing in a statement that the vote sent «a clear message that the City of New York is determined to provide relief for its residents, unlike Governor Cuomo and Albany who recently enacted detrimental rent laws that could eliminate approximately 90,000 affordable housing units due to deregulation over the next four years — units that do not just provide an affordable price point for tenants, but offer protections against arbitrary evictions as well.»

Speaking to the Observer, Mr. Kadushin contested Mr. Stringer's assertion that the vacancy situation has deteriorated under the de Blasio administration, asserting NYCHA was renting out apartments faster than it had in years, having the number of available vacant units in half since 2014.

Of the building's 135 studio and one - bedroom units, 82 will be set aside for homeless veterans and the remainder will be rented out to those making up to 60 percent of area median incomOf the building's 135 studio and one - bedroom units, 82 will be set aside for homeless veterans and the remainder will be rented out to those making up to 60 percent of area median incomof area median income.

The module could be rented out as an ISS storage unit, making the station less dependent on frequent resupply flights, says Hiroshi Kikuchi of JAMSS.

We have been fixing up both of our units in our multi-family home in order to rent out and meet lead inspection rules and I'm SO ready for a break!

Living in one unit of a multi-family while renting out the others, although not without its risks, can be a viable (if gradual) way to build wealth.

When filing taxes, landlords renting out a part of their primary residence can deduct a portion of their expenses related to the rental unit, but those renting out an entirely separate income property can deduct even more — both capital expenses (renovations and real estate commissions) and current expenses (insurance and interest).

Anecdotal evidence suggests the vast majority of pre-construction sales are to investors who intend to sell the units on completion or rent them out.

When you aren't using the unit, pocket a percentage of the profits when the hotel rents out your unit.

When you're not using your unit, you have access to the hotel's in - house management company, which will market and rent your unit out for long or short periods of time.

There are many duplexes throughout Canada which are non-conforming, meaning that someone is renting out a section of their home (likely their basement) but doesn't have separate meters for the unit.

It's our understanding that the victims of the fire and people who were being let out of their leases in the other building were not only getting their deposit and prorated rent returned, but checks for $ 1,000 per unit.

Many investors begin their residential real estate investing by buying a duplex and living in one of the units (perhaps on the main floor) and renting out the basement.

This would be done through increasing the value of the property through rehabs, raising rents, etc... The hurdle I see is that getting a commercial cash - out refinance can take as long as 2 years for seasoning for 20 + unit buildings.

About half (or 51.2 %) of the 17.1 % of those condo investors rent out their investment unit.

You plan to build a self - contained unit at the back of the block and rent it out.

Christenson rented out three of the units for $ 900 per month and moved into the fourth unit.

Purchasing a multi-unit home is a great way to get started as a landlord, whether you plan to live in one of the units or rent out the entire building.

You are allowed to rent out the extra units of a duplex, triplex, or four - plex if you live in one unit.

We think of our unit, # 107, as our second home that we just happen to rent out, is a place designed to relax, let go and get in tune.

Both units can be rented out together for groups of up to six guests.

Therefore, as an owner, you can rent your unit out for part of the year and generate extra income.

Lee developed a relationship with her landlord, who in turn gave her free rent for the second floor of the building in exchange for renting out his unoccupied units.

The number of new «Acessory Dwelling Unit» permits are skyrocketing and even tiny houses on wheels will soon be deemed «ADU's» making them legal to live in and rent out.

Owners of condominiums who rent out their units are also governed by the Condominium Property Act.

[2] Under the Reservation Program, owners of individual Hotel Units could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operUnits could place their units in a common pool of rooms to be rented out at luxury rates by the hotel's operunits in a common pool of rooms to be rented out at luxury rates by the hotel's operator.

A developer / declarant of a new, unoccupied condo project advertised the units for sale, but when they failed to sell, he rented them all out.

Whether your condo is rented on a daily, weekly or monthly basis, our agency can assist you with 1 policy that allows you to stay in the unit for part of the year, while you rent out the condo as a vacation rental for the remainder of the year.

Whether your condo is rented on a daily, weekly or monthly basis, our agency can assist you with 1 policy that allows you to stay in the unit for part of the year, while you rent out the condo as a vacation rental for the remainder -LSB-...]

Inside a refurbished building on the Williamsburg, Brooklyn waterfront, upstairs from the small retailers of holistic products and past the tiny box offices rented by independent designers, the staff at PolicyGenius sprawls out across several units, working with some of the largest insurance companies to refresh the digital insurance buying experience.

Renting out a property or unit on a short - term basis requires a business policy because you would fall under the category of a hotel or motel.

They assume, as do so many other people, that the policy that the landlord takes out on the building he or she owns and rents to others will be comprehensive of the individual units in which their tenants reside; and it is, but only for damage to aspects that are specifically the property of the lessor.

He requires that tenants take out renters insurance if they want to rent one of his units.

Regardless of whether you are renting out one house or are renting out several apartment units, you want to be sure that you are protected from unforeseen events that you can not control.

It's our understanding that the victims of the fire and people who were being let out of their leases in the other building were not only getting their deposit and prorated rent returned, but checks for $ 1,000 per unit.