Attorney Christina Smyth will serve as one of the board’s two landlord representatives, while New York University Stern business school professor Arpit Gupta, a fellow at the conservative Manhattan Institute,…
“Although HPD and DOB are responding quickly to 311 complaints and sending out inspectors, there is a very troubling lag time and delay in terms of closure of these complaints,”…
Tenants say they fear the property owners are waging a war of attrition, waiting the renters out until they give up, move on and forfeit the rent-regulated apartments.
The board voted to freeze existing rents for six months before increasing rates for the remaining half of the year, what some members described as a compromise between what tenants…
The board voted to authorize a rent freeze on one-year leases and the first year of two-year leases, with the second year on those leases capped at 1 percent.
In 1945, near the end of the WWII, the city instituted commercial rent control as an emergency wartime measure, authorized by the state. Advocates are calling for a similar response…
‘New Yorkers who live in rent-regulated units, the vast majority of whom have only low or moderate incomes, must be protected from the destructive financial impact of the coronavirus.’
Is reality matching those predictions? Is it too early to tell? Have government agencies caught up with the dramatic reorientation of rent policies that the legislature approved?