Open Thread

Hiya Assheads! Most of the time Brownstoner mirror stories from Curbed.com. I wonder why this little diddy was missed?

NY court deals landlords huge setback

http://www.crainsnewyork.com/article/20090305/FREE/903059976

http://curbed.com/archives/2009/03/05/rent_wars_landmark_stuy_town_ruling.php#reader_comments

And this was from an anon poster…

“Let’s say that Met Life got an apartment back that was renting for $1100 and then with the vacancy increase and improvements raised the legal rent to $2000.01 and then rented the apartment for $2800. There would be an overcharge of $800 per month. The tenant is entitled to treble damages for up to four years of overcharges. The total damages in ST/PCV could be enormous. ”

When I read this story I said “Oh no, how many Condos got Tax Breaks”? I think right now the Condo developers are headed to the exits. Plus if you bought into a new development and the buy rate is under 50%, it will become “Low Income” housing in 5 years. And you think will survive the collapse of the Mutant Asset Bubble????

The What

Someday this war is gonna end…

LOL Dave!

I can see her cuddled up in her Snuggie with a good book.

can someone handcuff me today to this thread only and not let me out? thanks!

*rob*

And, I’ll bet she watches The Bad Girls Club! (my guilty pleasure!)