Results tagged “rentstabilizedapartment”

Yes, it's that time again, when the Rent Guidelines Board will decide by how much they will raise rents for rent-stabilized apartments in the city. The board held its final meeting at Cooper Union yesterday (they are usually noisy), and the Daily News reports it "has adopted preliminary guidelines of hiking rents 2% to 4.5% for one-year renewals and 4% to 7.5% for two-year renewals that start on or after Oct. 1."

Bianca Jagger's attempt to get her $4,600/month rent-stabilized Upper East Side apartment back failed at the Court of Appeals today. The court upheld her eviction from 530 Park Avenue, citing her status as a tourist with a B-2 visa and the fact that residents of rent-stabilized apartments must use them as their primary residences.

The House Ethics Committee voted to begin an inquiry on Representative Charles Rangel's actions. Rangel's use of Congressional letterhead to solicit donations for a center being built in his honor, multiple rent-stabilized apartments, unreported income from a second home, and other unreported income from property sales have put the powerful Chairman of the House Ways and Means Committee under the microscope (in many of the cases, Rangel has pleaded ignorance). Rangel's lawyer said, "We look forward to fully cooperating with the ethics committee, which we had previously asked to look into these matters. We hope and trust that the ethics committee will find that Mr. Rangel has done nothing intentionally wrong, which we firmly believe.”

The Post suggests that Representative Charles Rangel's income may now be above $200,000, which is more than the $175,000-ceiling to qualify for rent-stabilized apartments. Rangel up until very recently occupied four rent-stabilized units at Lenox Terrace, three for living and one as an office (he gave up the office after the disclosure). Previously, Rangel claimed his income was around $175,000, but there are recent revelations about unreported income from a vacation villa, unreported property sales, and a free parking space for an old car. Of course, the Post points out his landlord doen't have to deregulate his apartments. But the building has tried to kick out rent-stabilized tenants for things like their children sending in rent checks for them (because the tenant was going blind).

Representative Charles Rangel isn't so happy with the New York Times: The Gray Lady revealed the high-ranking Congressman has four rent-stabilized apartments at Lenox Terrace, the Harlem development where Governor David Paterson also lives (Paterson only has one rent-stabilized apartment, though).

The long-running dispute between the owners of 47 East 3rd Street and their rent-stabilized tenants seems over, as the Court of the Appeals ruled the owners can evict tenants from the 60-room building in order to create a single super-duper residence.