Wednesday Links
City Seeks New Powers in Fight Against Homelessness [NY Times] Despite Pleas for a Freeze, Stabilized Rents to Go Up [NY Times] Rent Hikes OK’d As Board Squabbles [NY Post] Strike Threatened at City’s Biggest Power Plant [NY Daily News] Another Burglary at 55 Washington Street [Brooklyn Paper] Post-Game Analysis of ESDC Meeting [AY Report]…
City Seeks New Powers in Fight Against Homelessness [NY Times]
Despite Pleas for a Freeze, Stabilized Rents to Go Up [NY Times]
Rent Hikes OK’d As Board Squabbles [NY Post]
Strike Threatened at City’s Biggest Power Plant [NY Daily News]
Another Burglary at 55 Washington Street [Brooklyn Paper]
Post-Game Analysis of ESDC Meeting [AY Report]
Partial Building Collapse In Bed Stuy [WPIX]
Photo of Green-Wood Cemetery by bklynflea.
bxgrl,
Who do you think has more sway with politicians, 25,000 landlords or 1,000,000 rent stabilized tenants?
The crazy rent laws are only in existence in NYC because of the nature of local politics and the political pandering necessary to get elected.
Even you should agree with me on that!
nobody took your property rights away. You bought the multi-family as investment property knowing that that type of investment is regulated in NYC. And cost of that investment
should have reflected the price you paid. And if it didn’t you’re the fool and want to change the rules to bail you out. Typical capitalist.
About time we re-reviewed the Manifesto….maybe there are ideas in there should be taken into more consideration.
ironballs- how is it that Landlords have not been able to get changes enacted? I would think landlords would have a very powerful lobby?
I’m not 100% sure about the hotel thing, but it’s what I’ve heard. . .
That’s right bxgrl. . .
That’s why government rent controls on private property are such an idotic idea.
Folks rarely leave since their rents are so damn cheap, even when they happen to be making huge incomes.
If the government wants to give people cheap apartments, that’s it’s perogative, but taking private property rights away from private owners is straight out of the Communist Manifesto, not 21st century America.
“Not to mention, where would they live during the year that it took to rebuilding the top floor of the building? I’d have to pay for them to stay at a hotel in the meantime, according to the idiotic rent laws, since their rents are too low for them to rent anywhere else. ”
Is that really the case? YOu would have to pay for them to live somewhere else? That’s totally outrageous.
Yet families earning up to 125,000 will qualify for subsdized housing in AY.
I happen to think there should be an income qualification but in truth, the landlord is projecting his own resentment onto the tenant. How many people- honestly- would move out of a large apartment with a great rent? Everyone wants a good deal- why should a tenant act any differently than anyone else? I don’t blame the tenant- the blame is squarely on the system that doesn’t take tenant income into account.
Maybe in Europe, since by and large there isn’t widespread rent control/stabilization, landlords make enough income to properly upgrade and maintain their buildings. (Just a thought. . .)
I had 100+ years of roofing on a six story tenement building ripped off and changed last year. The flashing on the parapet walls was scraped off to reveal bricks literally crumbling to dirt. We tore down the worst sections and replaced them, but if we had really done the job properly, all the parapet walls and entire top floor of the building probably should have been taken down and replaced.
How many hundreds of thousands would that cost? Do you think the rent controled lady paying me $150/mo or the stabilized lady paying $650/mo living on the top floor would chip in for the extra cost?
Not to mention, where would they live during the year that it took to rebuilding the top floor of the building? I’d have to pay for them to stay at a hotel in the meantime, according to the idiotic rent laws, since their rents are too low for them to rent anywhere else.
Rent control/stabilization is a moronic clusterf*ck that will have worse and worse consequences as time goes on.
“He said one of his tenants, a man who he says earns $90,000 a year, lives alone in a three-bedroom apartment. His rent is $696 a month.
“His rent is probably going to go up 25 bucks,†Mr. Petrov said, adding: “Tenants feel they have this entitlement to affordable housing, but it’s on the sacrifice of the landlords’ back. It’s not fair.â€
http://www.nytimes.com/2009/06/23/nyregion/23rent.html?scp=2&sq=rent%20stabilization&st=cse