MCIs can be used to effect necessary repairs on rent-stabilized buildings. And MCIs can be used to get around rent guidelines and permanently hike what tenants pay. In theory, at least, both statements are true.
With the date for state rent laws to expire approaching, the Senate Majority announced Monday a series of public hearings will be held on rent regulation and tenant protection issues.
Are rent regulated apartments occupied primarily by the wealthy? Do rent regulated tenants hoard their homes?
Citing a need to address the looming problem of preferential rents without harming landlords who operate as small businesses, the Bronx borough president backs a law to prevent sudden rent spikes in exchange for a discount on property taxes.
Water damage and mold are rampant in rent-stabilized apartments at the West 174th Street address. Tenants suspect an effort to get them out. The landlord insists it’s just a leak.
‘We clearly understand their plight, but landlords should not be asked to shoulder the burden of income-challenged tenants. That’s government’s job.’
This week, the Rent Guidelines Board approved the biggest hike in one-year, rent-stabilized leases of the de Blasio era. Here’s how one Board member explained her ‘no’ vote.
Rent-stabilized tenants made a lot of policy wins last year, but advocates say there’s still more the state and city could do to fight rent overcharges in rent-stabilized apartments.
Gov. Cuomo’s $20 billion housing plan remains undefined, 421-a is still dead and proposals to alter rent regulations or repeal a cap on building height look unlikely to move.
When the Rent Guidelines Board approved a 0 percent hike last year, landlords warned of impending disaster.
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