RSA asks city to increase apartment rents
The Rent Stabilization Association, which represents 25,000 landlords of one million rent-stabilized apartments in neighborhoods across the five boroughs, is calling for modest rent increases...
Tag : rent-stabilized
Alpha Realty brokers $25M sale of 115-unit rent stabilized portfolio
Alpha Realty has brokered the $25 million sale of a five-building apartment portfolio in Far Rockaway, Queens, on behalf of investor Gershon Eichorn’s Up Realty....
Court orders rent stabilized building owner to spend $8M on repairs
A Chelsea property owner has been ordered to pay upto $8 million to renovate his three rent stabilized buildings so the tenants can move back...
Stretched to the max, owners say they are braced for rent reforms
Rent regulated apartment owners are planning to school lawmakers on the issues they face trying to keep their books in the black as the city...
Rent stabilized landlords say annual rent hike won’t cut it
By Maria Rocha-Buschel New York’s rent stabilized landlords say a rent hike just approved by the city’s Rent Guidelines Board isn’t enough. The RGB approved 1.5...
Courts come to sensible conclusion in major NYC rent case
The health of the real estate industry in New York City depends on consistent, reliable and sound rule of law and regulations. That is why...
RGB quashes calls for rent freeze as tenants protest
By Maria Rocha-Buschel The possibility of a rent freeze was quashed last Thursday at the Rent Guidelines Board’s preliminary vote, held at Cooper Union’s Great...
Sen. Hoylman: Sheldon Silver overturned conviction will hurt NYC stabilized tenants
By Sabina Mollot Overturning the corruption conviction against former Assembly Speaker Sheldon Silver sets a bad precedent for lawmakers, according to State Senator Brad Hoylman....
Turn-over rate for rent-stabilized tenants highest in new buildings, says IBO survey
The turn-over in New York’s rent stabilized apartments varying depending on the age of the property, according to a survey by the Independent Budget Office...
Rent-stabilized tenants, landlords bash Airbnb during RGB hearing
By Sabina Mollot In a historic first for the annual tenant versus landlord battle that is the Rent Guidelines Board, both sides are in agreement....