Sentences with phrase «tenant over rent»

Also, this avoids an argument with an existing tenant over a rent increase.

Landlords do not have to hassle the tenant over rent and late fees.

Not exact matches

Rents have risen 20 % over the past five years while they city's vacancy rate is below 1 %, meaning investors should not have to work very hard to find a tenant.

It calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»

That study calculated that by reducing supply, Airbnb activity had in fact increased median long - term rent in the city by 1.4 percent over three years «resulting in a $ 380 rent increase for the median New York tenant looking for an apartment this year.»

Additionally, STORE is very careful about making sure that each store's tenant is financially healthy, targeting conservative unit level fixed charge coverage ratios (tenant cash flow over fixed charges including rent) of 2.0 or greater.

While a number of downstate Democrats in the Senate and Assembly and their tenant advocate allies are grumbling over getting the short end of the stick in the rent laws / property tax cap deal, upstaters — and not just Republicans — are generally pleased with the arrangement.

«Tonight's vote sends a clear message that the City of New York is determined to provide relief for its residents, unlike Gov. Cuomo and Albany who recently enacted detrimental rent laws that could eliminate about 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,» he added.

«With their last minute 421 - a bill, Senate Republicans are bending over backwards to help their developer donors but refusing to lift a finger to strengthen the rent laws and help tenants,» said Delsenia Glover, Campaign Manager of the Alliance for Tenant Power.

Eight people were arrested outside the governor's Manhattan office after they blocked traffic during a protest over planned hikes on rent - controlled apartments, two days before a hearing that will determine the new monthly cost for tenants.

We have brought stability to our rent - regulated housing stock and fairness to a system that too often favored landlords over tenants.

I speak from both legislative and executive experience when I say that the law that Governor Cuomo and the Legislature produced this year is the most positive news for rent - regulated tenants in over 35 years.

«A third of rent - stabilized tenants are paying over 50 percent of their income towards rent and this decision will likely increase that amount.»

«While I believe a rent roll - back is appropriate, the Rent Guidelines Board's historic decision to freeze rents will help keep New York affordable for over two million tenants,» added State Senator Adriano Espailrent roll - back is appropriate, the Rent Guidelines Board's historic decision to freeze rents will help keep New York affordable for over two million tenants,» added State Senator Adriano EspailRent Guidelines Board's historic decision to freeze rents will help keep New York affordable for over two million tenants,» added State Senator Adriano Espaillat.

One bill would have allowed landlords to raise rents by as much as 20 percent when tenants died and their family members wished to take over the lease.

Tenant advocates derided him as «Governor Glenwood» in 2015 when he stayed on the sidelines during a legislative tussle over rent laws.

Senate Majority Leader Dean Skelos for the first time raised the threat of a high - noon showdown over the state's soon - to - expire rent laws, as he rejected all but the most basic renewal of current tenant protections yesterday.

He has publicly championed tenants» rights, rent stabilization and affordable housing over the years, but has also earned a reputation among real estate executives as a pragmatist in a sea of reflexively pro-tenant Assembly members.

In fifth place this week is a piece which looked at the government's plans to charge higher rents to social housing tenants earning over a certain amount.

The Tories are calling on the government to extend the «warning» time tenants are given from two weeks to seven; saying with over three million households living in the private rented sector, the government need to take action to protect those tenants who could be affected by repossession.

New York City rents rose faster than inflation over the past three years, continuing a housing squeeze that has been particularly felt by lower - income tenants and shows no signs of abating, new figures from the Census Bureau show.

NEW YORK (CBSNewYork)-- The fight over rent regulations stretched from the city to Albany Thursday, with several protesters getting arrested and dozens of tenants later swarming a Rent Guidelines Board meetrent regulations stretched from the city to Albany Thursday, with several protesters getting arrested and dozens of tenants later swarming a Rent Guidelines Board meetRent Guidelines Board meeting.

Quinn also defended her tenant record, telling reporters that she has been late on her rent a total of four times over the nearly 20 years she had lived in her building, and that each time she paid the rent along with a late fee as soon as she became aware of the error.

«All over the state, homelessness is going up and Cuomo has been the main impediment to any real movement on the tenants» side to making sure families stay in their homes and making sure the rent laws are as strong as possible.»

LOWER EAST SIDE — Tenants in a sprawling affordable housing complex on the Lower East Side are fighting a proposed 13 percent rent hike that would result in more than $ 3 million in extra rent over two years.

Tenants of Stuyvesant Town and Peter Cooper Village agreed to a settlement over disputed rents.

The mayor has also called for an end to allowing landlords to charge tenants for major capital improvements in perpetuity and instead wants to see improvement surcharges made temporary, spread out over 7 to 10 years, and then allowing the rent to reset after that.

Tenants in Bronx Apartment Building Sue 421 - a Landlord in NYS Supreme Court Over Illegal Rents and Attempts to Deregulate Apartments Eighteen tenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts -LTenants in Bronx Apartment Building Sue 421 - a Landlord in NYS Supreme Court Over Illegal Rents and Attempts to Deregulate Apartments Eighteen tenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts -Ltenants from a Bronx apartment building sued their landlord in NYS Supreme Court today, challenging the owner's unlawful attempts -LSB-...]

A deal struck between an East Village tenant and her landlord has ignited a debate over whether a rent - stabilized lease can be sold as...

At a time when rent - stabilized tenants in New York City are enjoying a freeze in their rents, another group of regulated tenants — the dwindling minority in rent - controlled apartments — is facing an increase of up to 9.6 percent over the next two years.

In handing the State Senate over to Republican Leadership, Pedro Espada has directly halted legislation, which would have helped many of the tenants in those 77,000 rent regulated apartments in his district, and all over New York City.

The Post reported last week that the Department of Investigation is probing the program over allegations that squatters are living rent - free in exchange for bribes and that tenant - association accounts have been looted.

To court voters and the state's powerful tenant unions, Cuomo has generally sided with tenants over landlords, particularly those in rent - regulated housing, sources said.

If tenants are unable to return to their building due to a fire or other illegal conditions, property owners would have to deposit 10 percent of building rent over the last five years into an escrow account.

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.»

Revoking the city's control over rent laws was a strategic political move Rockefeller made to help in his re-election campaign, recalled Michael McKee, associate director of Tenants and Neighbors.

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 cRent 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 crent 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 cRent Guidelines Board, that may legally be charged in hundreds of thousands of rent - stabilized apartments in the crent - stabilized apartments in the city.

He wouldn't weigh in on whether tenant advocates were right to be angry with Mr. Cuomo over rent regulations --» that issue is still being debated right now» — nor on how he thinks a straight extender on 421a for six months will affect his affordable housing plan, again insisting there was «real dialogue» going on and that his focus was on increasing the amount of affordable housing requiring through the tax break.

While politicians tend to minimize the impact of such donations, tenant advocates and others contend that the money is a prime mover in debates over rent laws and state and city regulations affecting the real estate industry.

Little Men (PG for smoking, mature themes and mild epithets) Coming - of - age drama, set in Brooklyn, about a couple of teen BFFs (Theo Taplitz and Michael Barbieri) whose friendship is tested by the tension between their parents locked in a landlord - tenant battle over the rent.

Every household member over the age of 18 will have his income included when determining the tenant rent amount.

Importantly, National Retail only invested $ 338k in capital expenditures on these properties while renewing nearly $ 40 million in rent over this time period, highlighting the benefits of its triple - net leases (the company doesn't have to «buy» higher rent with capital investments because tenants are on the hook for maintenance).

If the rental market declines and you can't rent your house for six to 12 months, you don't have a cash buffer to tide you over until you find a new tenant.

Rents have risen 20 % over the past five years while they city's vacancy rate is below 1 %, meaning investors should not have to work very hard to find a tenant.

He got over 150,000 signatures — more evidence that the movement to make rent reporting a tenant's right is gathering momentum worldwide.

In arguing for tax equity for rentals and tenants it is important to note that, Ottawa dramatically favours homeowners over tenants in tax policy because owners are exempt from capital gains taxes, people can often buy a condominium and make payments $ 200 lower than rent for a similar unit.

3 years ago I took over the management and repairs, I still have the one same tenant, repairs are down over 50 % and the costs down 75 %, I am getting 30 % higher rent, and both me and the tenant are happy.

At the end of the 6 months, the tenant continues to live at the property - can the landlord now increase the rent, as the fixed term is over?

We let the landlords know our situation and asked if they would be willing to show and try to find new tenants starting Dec 1 and that we would pay rent right up until the day the new tenants take over the lease (even if it's mid Jan).

Re: REITs: Most leases have rent esclation clauses that increase the rent over the course of the lease term (ex: a tenant in mall might lease space for 10 years with the rent increasing 2 % per year to cover inflation expectations for the landlord).