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…
‘The state legislature has the power to make sure families across the state enjoy basic protections and significantly reduce the risk of displacement. Our families’ futures hang in the balance.…
‘They may seem like reasonable provisions for ensuring the maintenance of the city’s housing stock, but rent-regulation loopholes all work in tandem to push out low-income tenants and undermine neighborhood-level…
One topic of profound disagreement between tenant advocates and property owners is preferential rents. Newly released data this week provides some important background on how those rent discounts operate.
‘In an attempt to tackle the affordability crisis, lawmakers are irrationally focusing not on the macro forces that are making the city so expensive, but on the individuals and companies…
‘We need a lot of reform when it comes to budget process in general that hopefully will lend itself to more transparency and hopefully a lot more uplifting of legislators’…