Owners, lawmakers lament flaws in rent regulation overhaul
Five months into the cityʼs new rent regulations, the industry continues to digest the sweeping changes to how landlords can and can’t raise rents. At
Tag : rent regulations
SELLING POINTS: All eyes on legacy rent regulated offering
● CUSHMAN & WAKEFIELD All eyes on Bronx apartment offering Cushman & Wakefield has been retained to sell 1150 Pelham Parkway, a legacy rent regulated
Tenant groups release demands for more rent rules
Four months after winning some of the strictest rent regulations in the nation, New York tenant groups are drawing up a “to do” list for
Judge dismisses owners from rent regs lawsuit
The principals of one of the cityʼs biggest rent regulated landlords have been dismissed from a lawsuit accusing them of overcharging their tenants. State Supreme
Senior housing next for rent regulation overhaul?
A rapidly growing population of urban seniors is giving some investors gray hair. Fears are brewing that if developers can’t meet demand from a ‘silver
Computer reboot could spell chaos for rent regulated owners
Rent regulated building owners are bracing of a massive systems failure as the state reboots its Annual Rent Registration system (ARRO). A crash could create
Blackstone backs down on warehousing
By Maria Rocha-Buschel One of the city’s biggest landlords has backed down on a plan to warehouse apartments impacted by new rent regulations. Blackstone, which
Landlords warn warehousing could be the new normal
Landlords are warning warehousing apartments could become the new normal. The news comes as the city confirmed it is investigating reports that Stuyvesant landlord Blackstone
Investors becoming new out-of-towners
By Sabina Mollot Throughout the month that has gone by since the state legislature enacted the strongest rent regulations New York has ever seen, some
Owners sue over new rent regulations
Seven New York landlords have joined the Rent Stabilization Association (RSA) and Community Home Improvement Program (CHIP) to sue over new rent regulations they claim