Costs Threaten New York City Mayor’s Rent Plan
De Blasio Wants to Give Rent-Regulated Tenants a Holiday From Rent Increases This Year
By JOSH BARBANEL
Mayor Bill de Blasio’s push to give rent-regulated tenants a holiday from rent increases …MORE
By JOSH BARBANEL
Mayor Bill de Blasio’s push to give rent-regulated tenants a holiday from rent increases …MORE
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A controversial Prospect-Lefferts Gardens development attracted protesters this week, angered over both the luxury project and the 421a tax abatement program. The Alliance for Tenant Power staged the rally against the 254-unit residential building at 626 Flatbush Avenue Thursday, according to Curbed. Around 75 protestors attended and politicians Diana Richardson and Shirley Patterson both spoke…
JULY 7, 2014 As housing costs across New York City skyrocket, rent stabilization is often one of the only protections keeping low-income, working-class and middle-class folks in their neighborhoods for the long-term. Yet, on June 23rd, New York City’s Rent Guidelines Board voted for a rent increase for the city’s 2.5 million rent-stabilized tenants. Ignoring…
Did you know that 80 percent of poor renters in rent-regulated apartments pay rent that is more than 50 percent of their income, up from 64 percent in 2005?* Statistics like these illustrate the pressing need to address the issues surrounding affordable housing and renters’ rights. In the August 3 episode of “Represent NYC,” State…
They are the dama gazelles of the New York City rental market. From a high of more than 2 million in the 1950’s, there are now only 27,000 “rent-controlled” apartments in the city – down from 38,000 just three years ago. Rent-controlled tenants live in buildings built before 1947 and have lived there continuously since…
With only 11 days until the 2014 general election, political junkies are watching the battle for the New York State Senate closely to see which party will control the chamber. But for tenants and housing advocates, this coming election is only the starting point: the real date to watch is June 15, 2015, the day…
The Associated Press on June 23, 2014 – 9:25 PM NEW YORK (AP) — New York City tenants in nearly a million regulated apartments will be digging deeper into their pockets. The Rent Guidelines Board on Monday voted 5-4 to raise rents on stabilized apartments by 1 percent on one-year leases and 2.75 percent on…