Sentences with phrase «years apartment landlords»
For nearly two years apartment landlords have been able to boost rents and fill their buildings as Americans, either burned by the housing bust or unable to get a mortgage, turned to renting instead of owning a home.
http://articles.chicagotribune.com/ Not exact matches
Stephanie Small and her husband, Graham Ross, have rented an apartment in Toronto for the past nine years with their two daughters, but their landlord would like them out in order to renovate.
He wrote, in a May 14 report, that the company was one of the few apartment landlords to increase its net operating income by 5 % year - over-year.
This service matches up tens of thousands of home and apartment owners / landlords with guests looking for accommodations for between 30 days and up to one year.
That could pose challenges for apartment landlords, who are bracing this year for one of the largest infusions of new rental supply in three decades.
we signed a 2 - year lease, exactly 16 months into the lease our old landlord sells the 6 apartment private house.
A group of about 60 apartment tenants is suing one of New York City's largest landlords, alleging that Stellar Management illegally overcharged tenants for four years.
Other things the landlords wanted, but didn't get, were a longer time - frame for the rent - regulations extension (a full eight years, versus the four they got), and legislation that would address the 2009 Court of Appeals decision on Roberts v. Tishman Speyer, which ruled that apartments could not be deregulated if they received J - 51 incentives for property improvements.
Come Home NYC will coordinate with the city's Department of Homeless Services to identify shelter families earning an average of $ 35,000 a year or more, help locate an affordable apartment for them and use the funds from the attorney general's office and $ 300,000 from the Robin Hood Foundation provide the landlord with a $ 3,000 deposit to off - set potential rent shortfalls.
The landlord claimed it was done after several instances of non-payment, which the tenants dispute; but ultimately, it led to the tenants leaving the apartment they'd occupied for more than five years.
Cuomo is right that de Blasio's plan would be a boon to landlords in at least one respect: The mayor, to try to spur construction of cheaper apartments, proposes extending the 421 - a tax abatement from the current 15 or 25 years to 35 years.
The head of the New York City Housing Authority (NYCHA), landlord to more than 400,000 New Yorkers and leader of more than 11,000 employees serving about 178,000 apartments in nearly 2,600 buildings, believes that the future of public housing in the city must be driven by the same type of innovation embodied in its early years.
Many tenants in New York City's roughly one million rent - regulated apartments will see their rents rise for the first time in three years after a city panel voted last night to allow landlords to increase rents on one - year and two - year leases.
Landlords of rent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated apLandlords of rent - regulated buildings, however, rely on raising rent 20 percent in vacant units to recoup the losses they have acquired by subsidizing other apartments for years without adequate rent increases, according to Frank Ricci, director of government affairs for the Rent Stabilization Association, which represents landlords of rent - regulated aplandlords of rent - regulated apartments.
Another bill will require landlord to provide stove knob covers, which prevent kids from lighting the stove, for all apartments with children under 6 years old.
Landlords of rent - stabilized apartments will see their property tax payments rise significantly in the coming year, while rental income will stay put.
When a tenant moves into a vacant rent regulated apartment, the landlord is allowed to bump up the allowed rent by 20 percent on a two - year lease, a process commonly referred to as a «vacancy bonus.»
Also, to combat rent hikes due to major capital improvements landlords make when renovating buildings or individual apartments, the mayor would like to see improvement surcharges made temporary, spread out over 7 to 10 years, and then allowing the rent to reset after that.
Taylor and seven other tenants finally returned to their rent - controlled apartments in May following a two - year legal battle that ultimately forced 289 Grand St.'s landlord to repair and restore the building.
This year, landlords can raise rents 19 percent on one - year leases for vacant apartments.
The number of apartments on the market in Manhattan and Brooklyn in July were the highest in years — driving down prices and paving the way for landlords to court would - be buyers with concessions such as covering broker's fees or offering a free month's rent.
As part of a push complete the delayed Build it Back program by the end of the year, Borough President James Oddo and Amy Peterson, director fo the Mayor's Office of Housing Recovery, called on landlords to offer apartments to Sandy victims, with the city picking up the rent.
Rent regulations, which control how much landlords can charge for more than 1 million rent stabilized city apartments, will be extended for four years, Gov. Andrew Cuomo said at a press conference with Assembly Speaker Carl Heastie and Senate Majority Leader John Flanagan.
She said she was evicted two years ago from her Brooklyn apartment when her landlord tripled the rent and has been living in a Queens homeless shelter ever since.
He also said the restaurant plans to meet with residents of the apartment building above to discuss noise issues — City Councilman Ydanis Rodriguez's office claims to have collected more than 400 complaints over the past few years — and it is working with the building's landlord on a compromise regarding a vacant ground - floor apartment Gino Hernandez had used illegally.
That allowed landlords to start charging market rates for rent - regulated apartments leasing for more than $ 2,500 — provided that the apartments had become vacant, or that the tenants in them earned more than $ 200,000 a year for two consecutive years.
«I have lived in my rent stabilized apartment in Hempstead, New York for 5 years, and even though my building was supposed to have a $ 0 increase for this year, the landlord is increasing the rent anyway.
The Rent Guidelines Board decides each year how much landlords can raise rents under one - and two - year leases for 1 million apartments.
Those of us who are still living there, my apartment has been destroyed,» said Alicia Blackwell, who has lived in her rent - controlled unit on 128th Street in Harlem for 48 years, adding that her landlord has persisted in taking her to court despite her health conditions.
Karent Ramos said she's been turned down for apartments in Queens by more than 20 landlords because of her 4 - year - old daughter, Krisbella (pictured).
Cuomo expanded the investigation as a result of a Daily News story about Karent Ramos, who said she's been turned down for apartments in Queens by more than 20 landlords because she has a 4 - year - old daughter.
I got up this morning feeling more energised than usually so I'm off to a good start of getting my errands in order and also cleaning the apartment since the 1st showing to new tenants is today and I want to leave a good impression on the landlord as well since he's still holding our «deposit» money that we gave him a year ago in case that we somehow make big damages in this apartment so then they would take that money to compensate the «loss».
We were fully planning on staying in our previous apartment for another year and just before our new lease was to start, the landlord announced he was selling the unit.
Stephanie Small and her husband, Graham Ross, have rented an apartment in Toronto for the past nine years with their two daughters, but their landlord would like them out in order to renovate.
Likely, as you've lived in other apartments for the past 4 years, most landlords will overlook the 2005 incident.
One 23 - year - old German woman, fed up of dealing with a difficult landlord, decided to give up her apartment to live and work on a train, almost full - time.
what if your lease ran out, you have had thefts against your proprty, wild noise, dirty conditions, crime in the apartments, drugs, and dealing, non repairs when asked landlord, a anonymouse complaint got the landlady angry and looked for the tenant who did it,, then i get evicted for non rent because i was very late with rent, 1 st time in over 3 years, now im fighting eviction, i answered the summons,, now what can i do with all this,,,,, thnx
Consider this final example, which illustrates the trouble caused by herein: «Subject to the conditions set forth herein, Landlord agrees to rent the apartment to Tenant for one year beginning on January 1, 2013.»
Once your landlord became aware that a child of applicable age resided in an apartment in a multiple dwelling in the City of New York, (less than 6 years of age) he was required to take affirmative and continuing steps to maintain the apartment free of all lead hazards.
Whether you've just begun renting out your apartment, condo or home, or you've been a Connecticut landlord for years, it's always a good idea to check up on your rental property insurance coverage to make sure that you and your home are properly protected.
Most people, if they are not independently wealthy, will end up renting a home at some time in their life.Whether this means you live in an apartment for a period of years or simply grab a house for a few months at a clip, it is essential to understand the financial pitfalls that may await.Real estate agents and landlords tend to be all smiles at move - in, but such relationships can quickly grow toxic once damages and repair are on the line.This is why experts recommend keeping assiduous records and a detailed paper trail throughout the duration of your tenancy.
Both large apartment investors and mom - and - pop landlords are enjoying the best conditions they've seen in years.
He started a business to help students find apartments and spent two years expanding that model and building a database of landlords.
(Bloomberg)-- Softening apartment rents in New York and San Francisco have forced landlord Equity Residential to lower its revenue forecast for the second time this year, as newly signed leases aren't meeting the company's expectations.
The Landlord offered to transfer her to another apartment, but only if she would agree to a year rental term.
The court held that while the law requires landlords to abate lead - based paint in apartments in which children six years old or younger reside, there is no statutory duty for the landlords to inspect whether such children live in their apartments.
«It's still going to be a great year for apartment landlords.»
Mr Zigomanis said landlords would continue to struggle to find tenants for inner Brisbane apartments for another two to three years.
Effective apartment rents, or what tenants paid after any landlord incentives, jumped 4.6 percent in the fourth quarter from a year earlier, a pace that will be repeated for the first quarter, according to Greg Willett, vice president of MPF Research, a Carrollton, Texas - based apartment - data firm.
Toll's City Living division has made its mark in Manhattan in the past several years, with condo projects including the Touraine on the Upper East Side and a joint condo and rental tower, on Park Avenue South near 28th Street, with apartment landlord Equity Residential.