Sentences with phrase «vacant apartments out»

That law allows landlords to take vacant apartments out of regulation when the next tenant's rent will exceed $ 2,500.

More than 500 NYC residents gathered together on Tuesday, December 9th at the New York Society for Ethical Culture to demand an end to vacancy decontrol, a practice by which landlords can take a vacant apartment out of rent regulation when the rent reaches $ 2,000.

Not exact matches

Most of the apartments are sold out but remain vacant, since speculators snapped them up as investment properties.

Golden has at times insisted that the problem of vacancy decontrol — where landlords claim to make repairs to vacant apartments to price them out of rent control — is not a real problem in his district but instead a worry for Manhattan legislators.

Singer found that the complex's management kept some apartments vacant for as long as four years, which means the complex missed out on more than $ 400,000 in lost rent that could have been used to pay bills and offset the need for a steep rent hike, tenants say.

A couple of years ago the public was tantalized by a proposal to build a downtown grocery store rising out of a vacant parking lot on Ellicott Street, along with a high - rise building with apartments, offices and real estate space.

While Sumberg pointed out that NYCHA told auditors there were 2,342 vacant apartments as of September 2014, Kadushin responded that the number had gone down to 1,024 by May 2015.

The New York City Housing Authority let dozens of apartments sit vacant for more than a decade — one for 21 years — and lost out on roughly $ 8 million in potential rental income, according to a new audit from Comptroller Scott Stringer's office.

In 2006, in tandem with Manhattan Borough President Scott Stringer, Picture the Homeless conducted a survey of vacant property in Manhattan, and found that 24,000 apartments could come out of the vacant buildings and lots they canvassed.

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.

As the film opens, two crims — the hardened, older Vic (Eddie Marsan, Sherlock Holmes) and the younger, less confident Danny (Martin Compston, The Damned United)-- fresh from jail, deck out a vacant apartment as a hostage room with meticulous precision.

Material changes in risk like moving out and leaving the apartment vacant can result in cancellation or non-renewal, but other types of changes in risk may simply result in an increase at renewal.

BLUE RIDGE APARTMENTS, Atlanta, GA Maintenance Technician, November 2010 — May 2013 • Repaired and overhauled electrical and mechanical equipment • Responded to maintenance requests related to plumbing and electrical repairing • Performed repairs in all vacant apartments and retouched walls for next tenants • Installed water heating systems and laid out pipes for water connections • Responded efficiently to service calls, repair requests and client complaints • Cleaned the swimming pool regularly and chlorinated the water as peAPARTMENTS, Atlanta, GA Maintenance Technician, November 2010 — May 2013 • Repaired and overhauled electrical and mechanical equipment • Responded to maintenance requests related to plumbing and electrical repairing • Performed repairs in all vacant apartments and retouched walls for next tenants • Installed water heating systems and laid out pipes for water connections • Responded efficiently to service calls, repair requests and client complaints • Cleaned the swimming pool regularly and chlorinated the water as peapartments and retouched walls for next tenants • Installed water heating systems and laid out pipes for water connections • Responded efficiently to service calls, repair requests and client complaints • Cleaned the swimming pool regularly and chlorinated the water as per schedule

I can figure out the payback period for investing in order to get a vacant apartment back on the market and after anywhere from 1/2 a year to 1 1/2 years I've paid myself back and then I'm clearly earning much more money than before.

(Unless I borrow a bunch of money) I have 11 vacant apartments currently and can't anticipate when anyone else might move out.

The lease - transaction data provides insights into the daily renewal, lease trade - out, in - place rent, rent roll growth, retention rate, average vacant day and affordability data collected from more than 10 million apartment units.