Results tagged “rentstabilizedapartments”

Last night, the Rent Guidelines Board voted to raise rents for rent-stabilized apartments: 3% for one-year leases and 6% for two-year leases. NY1 reports, "For tenants who have lived in their building for six or more years, the increase will be either $30 or $60, whichever is more."

It's politician vs. big newspaper pissing match! Representative Charles Rangel wasn't happy when the NY Times blew the lid on his four rent-stabilized apartments in Harlem (at a press conference, he told a Times reporter, "Don’t make yourself look more dumb than you want") over the summer.

The NY Times' revelation that Representative Charles Rangel has four rent-stabilized apartments put the Congressman on the defensive yesterday. Rangel held an unusual sidewalk press conference, where he got testy with the NY Times reporters when not insisting his apartment situation was not so strange or a special favor--"Paying the legal rent is not a gift"--from his building's owner, the Olnick Organization which has in other cases kicked out rent-stabilized residents in favor of charging market rate rents. He said, "I don't see anything unfair about it, and I didn't even know it was a deal."

The turmoil at Stuyvesant Town-Peter Cooper Village continues, as behemoth real estate developer Tishman Speyer Properties, is flushing out rent-stabilized tenants who it believes do not live in Stuy Town-Peter Cooper anymore.