Thursday Links
Brownstones, Park Slope. Photo by guanubian. Bistricer Trying to Cut New Starrett Deal [NY Times] Spitzer Aiming to Raise De-Stabilization Threshold [NY Post] Developers Rushing To Beat the Tax Man [NY Sun] 280 Washington Avenue: Fame Slept Here [NY Magazine] One Year After the Greenpoint Warehouse Fire [Gothamist] The Greening of Lincoln Road [Across the…
Brownstones, Park Slope. Photo by guanubian.
Bistricer Trying to Cut New Starrett Deal [NY Times]
Spitzer Aiming to Raise De-Stabilization Threshold [NY Post]
Developers Rushing To Beat the Tax Man [NY Sun]
280 Washington Avenue: Fame Slept Here [NY Magazine]
One Year After the Greenpoint Warehouse Fire [Gothamist]
The Greening of Lincoln Road [Across the Park]
The History and Intention of the ESDC [AY Report]
Investing in a Co-op with Rent-Stabilized Tenant? [Forum]
I would be interested to see some statistics on people staying in rent stabilized apartments (high low & average on age, income, etc.). I suspect that the average income would be above that of the city’s but maybe I’m wrong.
I could provide a “housing tour” of all my rent stabilized tenants who are scamming the system. Half of them live elsewhere put retain their “city” apartments as their “primary residence.” It’s not worth going to court since the tenants always win in my experience and lawyer bills are astronomical.
Is it fair that one tenant who has literally showed me his $1,000,000+ stock portfolio statement can rent an apartment I could rent on the open market for $2800/mo, for $700/mo since he’s been there thirty years?
The system should protect folks who need low rents, not folks who simply got lucky and can afford to live elsewhere.
Re:”Developers Rushing To Beat the Tax Man” The rush to build before the 421-a deadline will create a glut. And if the economy softens in late 07 or early 08 it’s not going to be pretty.
Grandpa…you’re kind of arguing against yourself in that post. Since the average income is about $35K, then how many really rich people are occupying stabilized apartments? The landlords always trot out some rich celebrities to make this point, but they are not representative of the majority of people who occupy rent-stabilized apartments. And Spitzer isn’t even planning to raise the income threshhold, so really what’s your point?
And Anon, 11:39…you do understand that most tenants in rent-stabilized apartments would be qualified to stay in them because they already pay more than a third of their income in rent, so at least for those tenants, the apartments are already occupied by people in economic need.
these so-called developers can’t hold a candle to the old stuff…this picture should be sent to all the hacks out there designing buildings in brooklyn today…they should be ashamed of themselves.
Think of how nice this row would look with their stoops put back and the awkward, squarish windows that take the place of the main entrance removed. Funny they all had their amputations done uniformly.
I agree with GrandPa. Rent-stabilized tenants should be made to undergo renewals every few years and evicted if they earn more than a certain amount. These apartments should be rented according to economic need.
I am sorry, but $2000 is a fair cut off and $175,000 a year? When the average income is like $35,000 this socialism for the rich is nothing less than grotesque.
And I support Rent Stabilization!
This such a pretty picture. Is this 8th avenue in the slope.