“We think we’ve identified over 1,500 421-a buildings that are out of compliance with the rent stabilization laws,” said Aaron Carr, executive director at watchdog group Housing Rights Initiative. “Whether…
The latest vacancy data now mirrors pre-COVID figures following a “pandemic-height outlier,” according to New York State’s affordable housing agency. The number of empty apartments also matches the vacancy rate…
“It is somewhat common for landlords to attempt to circumvent the legal approval process to alter rent-stabilized apartments by cutting out the middleman.”
The owners of three buildings in Manhattan, Brooklyn and Queens are accused in the suit of falsely registering initial rents with the state Division of Homes and Community Renewal (HCR)…
Just six units remain occupied at the Arlington Village complex. Now, those who remain worry about what the owners’ plan to develop the site will mean for them. “What exists…
The nine-member Rent Guidelines Board (RGB) voted Tuesday to raise rents by 3.25 percent on one-year leases and by 5 percent on two-year leases, the highest increase for rent-stabilized…
The number of available apartments for low- and middle- income New Yorkers reached a 30-year low in 2021, according to the results of a vacancy survey used to determine whether…
The rate increases are lower than property owners have pushed for, citing rising costs. But tenants and housing advocates who’ve called for a rent freeze say the hike will worsen…