Data exist to mark and lend understanding of the turnover rate in the legions of rent-stabilized buildings across New York City. When one complex features notably higher-than-average departures, it can be telling evidence of unusual -- even abnormal - circumstances.
NYC rent regulation about fairness, stability - not affordability
It makes sense why real estate groups and developers' lobbying entities have long pushed - consistently and insidiously - the argument that New York City rent stabilization is all about affordability for the metro's most cash-pressured tenants.
Review of NYC Housing Realities Sobering, of Material Concern
"[A] worsening crisis."
The Rent Concession Game: Some Considerations
"I'm not looking for bells and whistles," says one New York City apartment dweller who scored housing after a concerted search earlier this year.
The rent concession game: some considerations
"I'm not looking for bells and whistles," says one New York City apartment dweller who scored housing after a concerted search earlier this year.
Notorious NYC landlord pleads guilty on felony counts
This is not our first blog post to spotlight New York City landlord Steven Croman, who many of our readers likely know something about, either from the persistently adverse press garnered by that individual and his residential management companies or from painful experiences they can personally relate.
Not first time: NYC landlord sued again by tenants for overcharging
Larry Gluck knows his way around a courtroom.
When J-51 tax abatements expire, are you stuck paying higher rent?
According to the New York City Rent Guidelines Board, landlords may or may not be able to raise the rent in buildings with J-51 benefits. It depends on whether rent stabilization applied to the building before it received the J-51 benefits. If so, the benefits expiring do not change the rent regulation status.
Stated goal re rent-stabilized NYC apartments falls short
"It's like a sieve on the Upper West Side," says one New York City Council member. "We're just losing them hand over fist."
Rent and eviction cases up in New York City
From January 2013 to June 2015, over 450,000 eviction cases were filed in New York City. Many of these evictions are linked to the ease with which landlords can get around rent stabilization laws, thanks to a 1994 law.
