Wednesday Links
Red Hook. Photo by What’s the Hook. The Road to a Jumbo Mortgage Was Supposed to Get Easier [NY Times] Bush Says Pain From Economy Defies Easy Fix [NY Times] Steel Worker Falls 25 Feet From Building [NY Times] Investigation of City Council Said to Grow [NY Times] ‘Long Way to Go’ on PCBs in…

Red Hook. Photo by What’s the Hook.
The Road to a Jumbo Mortgage Was Supposed to Get Easier [NY Times]
Bush Says Pain From Economy Defies Easy Fix [NY Times]
Steel Worker Falls 25 Feet From Building [NY Times]
Investigation of City Council Said to Grow [NY Times]
‘Long Way to Go’ on PCBs in Schools [NY Daily News]
Landlords Want Rent Hikes on Stabilized Apts [NY Daily News]
Weiner Seeks Fed Help on Affordable Hsg [NY Sun]
The Hidden World of Bay Ridge’s Private Streets [Eagle]
Who Needs Money to Eat? [Metro]
“they don’t look at building owners’ income”
and they shouldn’t. As a LL, what does my income have to do with what is a Fair Market Rent???? If I choose to have a job and be a LL, why should I subsidize my tenant(s)?
When utilities rise mid-year, LL’s can’t go back and rewrite the lease(s), so they have to wait until renewal to make-up for the months past.
I also think it’s ironic that an idiot poster to the original post article suggests that LLs are making money from their commercial tenants. I used to be a LL and I know many people who still are and none of us had or have commercial tenants.
Good to see that rents are declining.
Renting is for asshats.