Video: Times Square Obama Afghanistan Protest Arrests
New Photo Brings Flying Overweight Debate Back
AA's "Fat Flier" Got Whole Row
State Sen. Savino Gets Noticed For Impassioned Gay Marriage Speech
Teen Gets Two Years For Killing Kitten
Today and Thursday are Rent Guidelines Board's hearings for the public to weigh in on the proposed increases to rent stabilized apartments. The board is looking at a 2-4.5% increase for one-year leases, and a 4-7% increase for two-year leases, and you can expect the tenants to argue for lower increases and the landlords to argue for higher ones, with some clever signs and passionate discourse. Today's hearing is in Brooklyn, at the NYC City College of Technology at 285 Jay Street, from 4PM to 10PM; Thursday's hearing is in Manhattan, at Cooper Union's Great Hall at 7 East 7th Street, from 10AM to 6PM. Let Gothamist know if you attend any of these sessions.
You can read the proposed hikes here for apartments and lofts. And our previous posts about the proposed hike (1, 2), plus Ask Gothamist on rent increases and "back" rent.
add to stumble upon
add to reddit
tweet this
post to facebook
We have ANTI-rent control laws in Washington State and 80% of Seattle rents. There is nothing stopping a land lord from raising rates to kick out people if they so want.
The board members of the RGB were all appointed by Bloomberg. Remember this on November 8.
if the rent on my manhattan one bedroom cracks $500, i'm blowing this one horse town. i swear.
If you can't afford the rent then MOVE! We don't need leeching bums paying 50% of market value! I vote for free market. I vote for Bloomberg.
What happens when a New York City teacher with nearly 10 years of service, and who has lived in the city all his life can't live in the city any longer?
The landlord wants to raise the rent 17% to put the wife to be on the lease! We'll go from $1,200 to $2,040. NOT ON THIS SALARY!
Our city is in SERIOUS trouble when the people who do the work of the city can't live anywhere near where they work.
while i don't think the tenants act completely reasonably in this annual circus, the position of the landlords/property owners has always struck me as seriously flawed: IF THE MONEY YOU CAN MAKE IN THIS LINE OF WORK ISN'T ENOUGH FOR YOU – FINE. DO WHAT EVERYONE ELSE IN THIS SITUATION DOES... LOOK FOR A DIFFERENT "JOB". no one ever said you HAD to be a landlord.
apu... I think SOMEONE has to own the buildings in order to rent them out. If the rent a building can take in won't cover the costs of taxes and maintenance, you'll get abandoned buildings... which would decrease the supply of housing and increase market rates even more.
landlord costs continue to rise year after year but the RGB has little regard for this. in the past year and a half alone, insurance has gone up 30%, taxes have gone up 25%, fuel has risen by at least 20% yet rents have gone up 3.5% for a one year lease and 6.5% for a two year lease. where's the fairness in this scenario? landlords are entitled to recoup their costs too. i don't vote for free market because too many landlords will abuse it, but there must be some equity.
king... SOMEONE will own the buildings. someone who is content to earn what someone else is not.
for example, you'd have to pay me 6 - 7 million dollars a year to be a garbage man. someone else might do that same job for $40,000.00 and be fine with it.
Ken, a 17% increase from $1,200 hikes the rent to $1,404. That's a big jump, but you've got the figure at $2,040--a 70% increase. Is there a typo in there somewhere or is it just a non sequitur?
Seems to be a lot of economists on here.