Apartment owners
say rent controls will discourage construction of badly needed housing units.
«Many lawmakers
say rent control is a good solution.
Both myself and @Russell Brazil who put forth the strongest arguments have
said rent control is bad because it hurts the poor.
While Terrazas
said rent control would aid a long - term renter who never expects to move, the economist agrees with Bernardoni that rent control is not the answer.
Not exact matches
Mayor Joanne Monaghan
says city council is occupied with trying to steady rising
rents and
control traffic.
Mayor Pro Tempore John Duran
says more than three - quarters of West Hollywood's residents live in apartments, most of them
rent controlled.
Ask any long term tenant under
rent control whether they wished they bought the day they first signed the lease and they'd emphatically
say yes.
The Saudi prince whom the Trump Organization sued last month for falling behind on
rent says he turned over
control of the luxury apartment at...
Brokers
said that many of the tenants who sat on the sidelines when
rents got out of
control are starting to poke around.
«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.
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.
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.
The $ 660,000 lease, entered two years after the Village of Schaumburg took
control of the airport, was pre-paid
rent,
said Paula Hewson, Schaumburg's acting director of planning.
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.
As state lawmakers and Gov. Andrew Cuomo continue to sort out an extension of the now lapsed
rent control laws in New York City, Senate Republicans
say they have no plans to leave town after passing their own eight - year extension of the program.
In July 2013, the Communities and Local Government Select Committee, a cross party group,
said that
rent controls would serve «only to reduce investment in the sector at a time when it is most needed».
(Like,
say,
rent control).
The final version of the tax - cap law, enacted in tandem with a
rent -
control extender,
said the levy limit «shall remain in full force and effect at a minimum until and including June 15, 2016, and shall remain in effect thereafter only so long as» the
rent laws continue beyond their own expiration, next set for June 2015.
Cuomo also signed
rent law extensions that protected renters, though advocates
say they didn't go nearly far enough (in part because the IDC - Republican coalition
controlled the Senate with Cuomo's implicit support).
«Governor Cuomo succeeded in putting in place the strongest
rent control laws in a generation,»
said spokesman Richard Azzopardi after he was asked if these contributions might influence policy decisions.
Mr. Cuomo
said that the agreement will raise the threshold at which a landlord may remove apartment from the
rent control program from the current ceiling of $ 2,500 a month.
Rent is too expensive and instead of home rule, where we can actually do something about rent, the governor keeps control in Albany,» Teachout s
Rent is too expensive and instead of home rule, where we can actually do something about
rent, the governor keeps control in Albany,» Teachout s
rent, the governor keeps
control in Albany,» Teachout
said.
«Both of those issues are the same issues: it's about keeping people in their homes,» Silver
said of the tax cap and
rent control.
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.»
He also discussed the supposed «link» between a property tax cap and
rent control, insisting he's willing to do the former without the latter, and refused to
say whether or not the state can afford to let the so - called millionaire's tax sunset on schedule at the end of this year.
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.
Assemblyman Bill Nojay (R - Livingston County)
said one way for Flanagan — who voted for the gun
control measure — to prove he is serious is to refuse to pass any extension of the
rent regulation laws without agreement on «meaningful» SAFE Act changes.
The lawyer, who handled much of Glenwood's political work,
said the company hoped to obstruct the passage of campaign finance reform laws, see the controversial 421a tax abatement renewed, obtain a favorable tax cap on revenue from apartment buildings and to prevent Democrats from taking
control of the State Senate and giving
control of the New York City
rent laws from Albany to the City Council — which Mr. Dorego compared to «an atomic bomb.»
«It's an outrageous thing that we're leaving here today without a real bill and without a real solution as to how we're going to make sure that we maintain
rent control,» Senate minority leader Andrea Stewart - Cousins
said on Monday night, after the lengthy debate.
Cuomo
said he and the lawmakers discussed a wide range of issues, from his call for a property tax cap to New York City
rent control laws.
Assembly Speaker Sheldon Silver
says that Gov. Andrew Cuomo needs to throw his weight around the get the Republican -
controlled Senate to renew and strengthen
rent control laws set to expire on June 15.
With only a few days left Democratic legislators and progressive groups
say Cuomo has to use his power to buck Skelos and pass a
rent law that extends
controls and dramatically strengthens the law to make it harder for landlords to deregulate apartments.
Silver, who with 17 years at his post is the most experienced Albany power broker,
said Assembly Democrats made it clear they wanted a millionaires» tax and an extension of
rent -
control laws and would oppose differential tuition for state university campuses — and the governor recognized what it would take to obtain agreements with them.
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.
Meanwhile, tenants in
rent -
controlled apartments
say they could end up homeless and plan to sleep on the street outside Gov. Andrew Cuomo's East Side office in a show of protest.
New York City waits Meanwhile a number of issues important to New York City will be before the Legislature this year -
rent laws and mayoral
control of schools are each set to expire and while most legislators
say they expect to renew both, major battles will be fought over the details of each.
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.
He
said he would like to see
rent control strengthened, and proposed raising the
rent threshold above which units fall onto the open market to $ 2,700 per month, from $ 2,500.
Cuomo
said in May that he had «never» discussed the topic of
rent control with Glenwood; when a review of his schedules suggested otherwise, a spokesman
said he had forgotten about several meetings.
«In 1997 -LSB-'s renewal of
rent control], he sold us out big time,» McKee
said.
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.
The Oct. 9 story
said that after being asked about the
rent situation, Greenberg's campaign treasurer, J. Kenneth Nowell, filed four amended campaign finance reports with the FEC to reflect $ 6,400 in debt to the Greenberg -
controlled Watertown Main Street LLC for eight months of office space rental.
If elected, Estrella
said he would work to build more
rent -
controlled housing in Washington Heights.
ALBANY — One day after Governor Andrew Cuomo and legislative leaders announced a «framework» deal on
rent regulations, 421 - a and mayoral
control of New York City schools, most of the details of the proposed session - ending legislation were still unavailable, and sources familiar with discussions
said lawmakers are continuing to negotiate on major pieces of the tentative agreement.
Cameron
says if the proposal is for
rent controls which have been shown to fail, it's a bad idea, but other policies could be tolerable.
But he differed from Assembly Speaker Carl Heastie, who earlier in the day
said negotiations continue on a number of key end - of - session issues such as
rent control and the 421 - a tax abateemtn.
But de Blasio also
said he secured no commitments from top state lawmakers and the governor on a host of issues, including mayoral
control and
rent control regulations as well as the 421a tax abatement reforms he is seeking.
«One of my priorities is the education tax credit, which will be brought up in the post-budget session,» Skelos
said, «As will mayoral
control, as will
rent.
As usual, lawmakers emerged from the meeting in Cuomo's office to
say little, though they revealed issues ranging from
rent control and mayoral
control for New York City as well as changes to the state's teacher evaluation criteria are under discussion.
For now, McDonald
said he expects there to be a two - week extension on
rent control while a strengthening of the measures is worked out.