The charges are the first brought by a new unit in the Manhattan district attorney’s office focused on fraud and tenant harassment in the housing and the real estate industry. Source: New York Times
Posts published in “Rent Control and Stabilization”
Understanding Rent Regulation in N.Y.C.
Rent-stabilized apartments in the city are due to have their largest rent increase in almost a decade. Source: New York Times
Rents Will Rise by at Least 3.25 Percent for 2 Million New Yorkers
With landlords facing higher costs for property maintenance, a rent regulation panel approved some of the largest increases for rent-stabilized units in nearly a decade. Source: New York Times
As NYC Rents Rise, Eric Adams Faces Pressure on Housing Crisis
“We’ve got to get it right,” the mayor says, but the City Council and advocates want him to push more and spend more to address the dire shortage of affordable housing. Source: New York Times
Rents May Rise as Much as 6 Percent for Some N.Y.C. Tenants
In a preliminary vote, the Rent Guidelines Board approved the biggest increases in nearly a decade. Source: New York Times
In New York, Panel Backs Rent Increases for More Than 2 Million
The city board that sets rents on most regulated apartments may be considering some of the highest increases in years. Source: New York Times
Looming Rent Increase of Up to 9 Percent Tests Adams’s Housing Priorities
Some Democrats are calling proposed increases for New York City’s roughly one million rent stabilized apartments “unconscionable.” Mayor Eric Adams says he wants to support small landlords. Source: New York Times
Is the Chance to Turn Hotels Into Affordable Housing Slipping Away?
As many of the city’s hotels sat empty during the pandemic and homelessness continued to rise, some saw an opportunity to solve both problems. So what happened? Source: New York Times
Modest Rent Increases Approved for 2.3 Million N.Y.C. Tenants
The Rent Guidelines Board voted to allow 1.5 percent increases for the second six months of one-year leases. Tenants had pushed for rent reductions. Source: New York Times
N.Y.C. Board Votes to Consider Extending Rent Freeze
The city board that sets rents on regulated apartments said one-year leases might be kept as is and two-year leases might rise slightly. Source: New York Times
New York Will Ban Most Evictions as Tenants Struggle to Pay Rent
The Legislature, addressing the hardship caused by the pandemic, is convening an unusual special session between Christmas and New Year’s to pass the measure. Source: New York Times
Amid Pandemic, N.Y.C. Likely to Freeze, but Not Cut, Rent for 2 Million
Landlords have urged the Rent Guidelines Board to raise rents. Tenants want a decrease, citing the coronavirus and the state of the economy. Source: New York Times