Bringing it Home: The Affordability Battles of 2015
Foiled in Albany, Tenant Advocates Win NYC Rent Freeze
Jarrett Murphy |
Read the order that will affect rents on nearly a million stabilized apartments in New York City.
Read the order that will affect rents on nearly a million stabilized apartments in New York City.
The RGB’s annual decision on rent increases for nearly a million rent-stabilized apartments in New York City comes amid talk of a first-ever rent freeze or rollback. Here’s a quick look at the hikes the panel has approved since 1968.
As of now, New York State has no rent regulations. But it has plenty of blame to go around.
Advocates disputed media reports that efforts to reform 421-a and repeal vacancy decontrol—two priorities of Mayor de Blasio—were dead, as a report found a huge loss of affordable apartments from 2002 to 2014.
In the aftermath of the deadly March 26 blast, rent-stabilized tenants whose apartments were destroyed may have a right to return—depending on what happens at the site and who’s deemed responsible for the blast.
The panel that decides how much landlords can hike the rent on nearly a million stabilized apartments has four hearings coming up. But you don’t have to show up to weigh in.
Forty-four Assemblymembers now support the bill to end exits from the rent-stabilization program—and recapture thousands of apartments that have already left.
Myth: Rent-controlled tenants get an unbelievable deal. Reality: They can be hit with huge annual rent increases. That’s why advocates want the shrinking number of rent-controlled apartments added to Albany’s looming discussion of rent regulations.
With a new Assembly speaker in place, rent regulations seem likely to be renewed without significant changes, Rent Stabilization Association head Joseph Strasburg said in an interview.