RGB calls for 6.3% hike on rent-regulated leases
Elected officials could do something about this if they wanted to make the city more affordable
Insurance 18.7% jump year over year. Fuel came in second at 10.3%; utilities, third, rose 8.2%
Do the math: NYC’s rent ‘increase’ equals landlord losses — and harms our housing
If rents don’t increase with costs, maintenance is deferred — and buildings start to deteriorate.
Rent adjustments that are more than twice as bad
Once again, the NYC Rent Board hurts landlords — and tenants in the long term
Over the past decade, inflation has run 23% (by the board’s own figures), while the RGB has only allowed rents to rise 14%.
2.75% one year leases & 5.25% for two-year leases
“Disturbing” drop in rent-stabilized profits in the Bronx
Landlords claim 2019 rent law wrecked their properties
Older buildings are often saddled with higher costs
Throwing rent-stabilized landlords a bone
Owner could receive up to $100,000 to renovate apartments that had been continuously occupied for 15 or more years
State has proposed some forms of aid
Understanding ‘succession rights,’ a complex issue for rent-regulated units
Legal challenges to succession rights are rare since the 2019 rent reforms
A new law simplifies how a tenant’s eligibility to inherit an apartment is determined
U.S. Supreme Court declines to hear another challenge to NYC’s rent stabilization law
The court already rejected a similar appeal from a group of property owners in October of last year
Supreme Court won’t hear arguments from landlords that NYC’s rent stabilization law is unconstitutional
Proof that Albany’s ‘pro-tenant’ reforms are killing NYC housing
Meanwhile, other building expenses for fuel, labor, insurance, property taxes have risen,
Study shows “small-portfolio” owners (basically mom-and-pops with 10 or less units) getting slammed
Want an NYC apartment under $2,400? Good luck with that
Low-income renters most affected by the shortage
Vacant NYC apartments dropped to its lowest point in more than five decades last year
Landlords late to register 46K rent-stabilized apartments could soon face monthly fines
Registered units dropped from just under 945,000 during the 2022 state fiscal year to 898,789
New fines would most likely hit property owners with smaller portfolios who handle their own bookkeeping and filing
Hochul signs rent bill that landlords call “disaster”
Measure liberally defines fraud, limits rents for combined apartments
bill signed that expands the definition of fraud in rent overcharge cases
Supreme Court could still take down NYC’s insane rent-control regime
The court of public opinion needs to consider these facts
The decisions are political, not economic
It makes sense, and saves dollars, to keep the unit vacant
Want to end apartment warehousing? Ease up on rent-control laws
New Yorks rent control laws are cratering the city’s housing supply
Insurance companies routinely deny NYC buildings with subsidized tenants
Practice is now raising concerns among state and federal insurance regulators
Property owners, the rejections can set off a scramble for coverage
More than 13K rent-stabilized units in NYC are sitting empty for multiple years, report finds
5% of rent-stabilized apartments were registered as empty last year
“warehousing” low-cost units, according to a new review of state data
Another rent-stabilized landlord faces foreclosure
Rent-stabilized buildings struggling against the financial straits of New York’s 2019 rent law.
Loan servicers filed foreclosure suits Friday against four buildings owned by
Distress in rent-stabilized buildings rises to surface
Brokers say distressed sales of rent-stabilized buildings have ramped up
More signs emerge that law aimed at bad actors has put entire asset class at risk
Landlords say new vacancy study supports their claims
13,362 apartments had been empty for two consecutive year
IBO finds units vacant two straight years jumped 8 percent
Rent Stabilization Association, CHIP discussing merger
The groups both represent rent-stabilized landlords in New York
Landlord groups have similar members, vastly different styles
More lead-paint laws coming for NYC landlords
Additional inspections and lead removal mandated, over owners’ objections
Rent-stabilized buildings constructed before 1960
Rent board approves 3 percent hike amid tenant-induced chaos
two-year leases by 2.75% in the first year of the lease, then by 3.2% of that adjusted rent for the second year of the lease
3% increase on one-year lease
NY lawmakers close ‘Frankenstein’ loophole used by landlords to spike regulated rents
The Assembly passed the anti-Frankensteining legislation late Tuesday
Once apartments are combined, landlords can set whatever rent they want
Landlords in panic about last-minute Albany bill
The measure seeks to make it easier for tenants to show past rent overcharges amounted to fraud
CHIP says housing chairs tried to sneak measure through
Landlords get rent bill; tenants scare off some sponsors
Legislature introduced a bill that would let owners hike rents after renovating vacant units, allowing for the repairs required to bring those much-needed apartments back online.
CHIP’s Jay Martin calls withdrawals “not really that big of a deal”
City rent board eyes up to 5% rent hike in preliminary vote
5% rent increase for one-year leases on stabilized apartments and a 4% - 7% hike for two-year leases
Middle-ground proposal immediately panned by both landlord, tenant advocates
Landlords take rent law challenge to Supreme Court
Nearly four years ago, landlord groups filed a federal lawsuit challenging New York’s newly minted rent law, expecting to fail at every level
Owners’ last, best shot to end rent stabilization in New York
Rent board staff recommends largest rent hike in 30 years
Would mark the largest rent hikes since 1989
Rent Guidelines Board report proposes up to 8.5% bump as landlords’ costs balloon
City to fund repairs to vacant rent-stabilized apartments
The city is launching a $10 million pilot program to help landlords repair vacant
Landlord groups say $25K-per-unit pilot program falls short
Beware NY progressives’ push for universal rent control
“If this bill comes to pass, a lot of small housing providers will have to sell”
Imposing rent controls on the city’s 1.4 million market-rate apartments for the first time
Rent-control bill would drive out small landlords
Bill would cap rent increases on market-rate units at 3% or 1.5% of the consumer price index, whichever is higher
Would impose rent controls on market-rate buildings in the five boroughs
Second Circuit rules against landlords’ rent law challenge
Rent stabilization covers about 900,000 apartments in New York City and additional rentals in its suburbs
Plaintiffs plan to petition the Supreme Court next
More rent-stabilized decay on the way
Law’s reform in 2019 eliminated the 20 percent rent hike allowed when stabilized units became unoccupied
CHIP poll shows where landlords are cutting corners
Rent-SEtabilized apartments
Making it more difficult for landlords to cycle affordable apartments
Essential knowledge
Can I use my rent-stabilized apartment as an Airbnb?
Stabilized tenants have limits on what they can charge guests
A new NYC law requires hosts to register their short-term rentals