Sentences with phrase «stabilized apartments by»

Not exact matches

Even though only about 13 percent of rent - stabilized apartments turn over each year, a report released on Tuesday by the antipoverty group Community Service Society of New York argued that the vacancy allowance, which has been in place since 1969, is so high that it contributes more to the overall rise in stabilized rents than the annual increases.
They called for the elimination of a loophole that lets landlords boost rent by 20 percent when tenants vacate a rent - stabilized apartment, as well as a rule that removes units from rent regulations once the rent gets high enough, allowing units to go to market - rate prices.
A third would have allowed landlords to evict tenants who voted at the wrong location or filed their tax return with different addresses, on the grounds that their rent - stabilized apartments weren't their primary residences, as required by law.
Landlords will also be held accountable by state housing officials for how much they spend to upgrade rent - stabilized apartments before they're allowed to charge tenants for building improvements.
Pendergrass» apartment is rent stabilized, meaning her lease is renewed every 2 years, with an increase set by the city's Rent Guidelines Board.
A new report by the Rent Guidelines Board shows that 9,182 apartments were stabilized last year, while 9,013 were removed from the system, Capital New York reported.
Developers Washington Square Partners and Acadia's original plans for the 4650 Broadway project site — which were voted down by Community Board 12 in March after community backlash — included a 23 - story building with 372 rent - stabilized apartments.
The Assembly's Democratic majority supports strengthening the law, while the Republican - led Senate passed legislation that would add income and residency verifications to ensure tenants aren't cheating the system by living in rent - controlled and rent - stabilized apartments they aren't eligible for.
Brooklyn District Attorney Ken Thompson today announced that two Brooklyn landlords have been indicted on unlawful eviction and other charges for allegedly forcing or attempting to force rent - stabilized tenants out of their homes by allegedly destroying their apartments and making them uninhabitable in an effort to destabilize the apartments in order to collect significantly higher market - rate rents.
The Rent Stabilization Association has also gone to court to challenge a decision last year by the Rent Guidelines Board, for a second straight year, to bar a rent increase on one - year leases for tenants in rent - stabilized apartments.
Under state and city rent regulations, tenants can continue renewing the lease in their rent - stabilized apartments for as long as they use it as a primary residence, and landlords can increase rent only by an annual percentage set by a city board.
But after he became chairman of the tax - writing Ways and Means Committee, Rangel was dogged by a string of stories detailing his fund - raising activities and use of multiple rent - stabilized apartments.
His wife Judy grew up in Lincoln Towers in the 1960s and»70s, when «a family could get by living in a rent - stabilized apartment living on a teacher's salary,» he said, and the shift away from that affordability has motivated his work.
Lenox Terrace counts Governor David Paterson and Congressman Charles Rangel as residents, though Rangel's apartments are thought to still be rent - stabilized, and thus not affected by the suit.
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 city.
Even though the Trust's mission is to facilitate the transfer of foreclosed and abandoned residential properties to local housing groups, Nickerson recognizes that «a neighborhood won't be stabilized if you have to walk by vacant retail space or a deteriorating apartment building to get there.»
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