Saturday, February 24, 2018
Friday, February 16, 2018
NYS Sen. Hamilton wants to credit landlords who give preferential rents (30% of stabilized housing!)
Tell State Sen. Jesse Hamilton and Assembly Member Walter Mosley that we do NOT want our taxes to subsidize landlords for profits they wish they could make on about 30% of all rent-stabilized apartments.
Owners of rent-stabilized apartments can rent them for LESS than the legal regulated rent if the owners can't find tenants willing to pay the legal regulated rent (LRR). That lower rent is called a "preferential rent." This has been used as a way to lure tenants in and then at the next lease renewal, to raise the rent back to the LRR. The tenant can't afford it and moves out - and the landlord gets an automatic vacancy increase to raise the next LRR.
They are proposing to give a tax credit to owners - at least 55% of whom NYS's DHCR found used bait-and-switch tactics.
Owners of rent-stabilized apartments can rent them for LESS than the legal regulated rent if the owners can't find tenants willing to pay the legal regulated rent (LRR). That lower rent is called a "preferential rent." This has been used as a way to lure tenants in and then at the next lease renewal, to raise the rent back to the LRR. The tenant can't afford it and moves out - and the landlord gets an automatic vacancy increase to raise the next LRR.
Articles of Interest to Tenant Advocates - 2/16/2018
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Wednesday, February 14, 2018
Articles of Interest to Tenant Advocates - 2/4/2018

TENANT ACTION
The Nation: All
over the U.S., tenants organize
Brooklyn Eagle: Williamsburg
tenants demand
HOMELESSNESS
Albany Times Union: With
90,000 people in shelters
CUOMO
Real Estate Weekly: Landlord
Farkas brought
Tenant/Inquilino: What
will it take to force Andrew
FEW AFFORDABLE VACANCIES
NYCHA
Michael Gartland: City
Council members want
New York Times: Legal
Aid Society threatens to
Daily News:
Health Dept. to study impact of
New York Post: Public
housing tenants protest
AIR BnB
Jonathan Westin: Airbnb profits from removing
Jonathan Westin: Airbnb profits from removing
ALBANY
Tenant/Inquilino: The
case against Jeff Klein &
Kendra Allenby: How
the IDC keeps your rent
Mike McKee
How much vacant NYC land is being used for housing?
Gotham Gazette
Comptroller Again Calls Out City on Vacant Land; City Again Punches Back
February 14, 2018 | by Sam Raskin
Excerpts:
Comptroller Scott Stringer held a press conference Monday morning in front of a vacant lot on West 115th Street to criticize the city’s Department of Housing Preservation and Development (HPD) for “dragging its feet” on creating affordable housing on empty city-owned land.
. . . .
“HPD is aggressively developing its 1,000 remaining public sites for affordable housing, almost all of them small and hard to develop lots,” said HPD Commissioner Maria Torres-Springer, through a spokesperson.
Tuesday, February 13, 2018
DHCR Commissioner says NYC has an affordability crisis
amNY:
NYC faces an ‘affordability crisis’ in housing, says commissioner of Department of Housing Preservation and Development
By Ivan Pereira ivan.pereira@amny. com February 11, 2018
EXCERPT:
EXCERPT:
New York City residents are still struggling to find homes despite the city having the largest housing stock in its history, according to a report to be released Monday.
The Department of Housing Preservation and Development’s triannual housing vacancy survey found that the net vacancy rate in the five boroughs was 3.63 percent between January and May in 2017.
Monday, February 12, 2018
Articles of Interest - 2/10/2018
New York Times: Family stuck in shelter for
3 years while landlord drags feet on correcting
violations
3 years while landlord drags feet on correcting
violations
Riverdale Press: With help from Housing Rights
Initiative, Bronx tenants sue Weinreb Management
for flaunting rent law requirements
Initiative, Bronx tenants sue Weinreb Management
for flaunting rent law requirements
New York 1: Chinatown tenants begin hunger strike,
demand HPD take over structural repair of 85 Bowery
demand HPD take over structural repair of 85 Bowery
J.G. Collins: To encourage landlords to lower
unrealistic asking rents, apply commercial rent tax
to vacant storefronts (City & State OpEd)
unrealistic asking rents, apply commercial rent tax
to vacant storefronts (City & State OpEd)
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