An owner is filing to evict a rent-stabilized tenant for beginning to rent out her fourth-floor walkup in Tribeca in September 2012. For nine months, the owner claims she rented the apartment, charging $250 per night, $1,750 per week, or $4,500 per month for a space that she rents for $1,463.79...
New York City's Rent Guidelines Board has voted to raise rent on nearly a million regulated apartments, bypassing the mayor's appeal for a one-year rent freeze. In a 5-4 vote, the board voted to implement an historically small increase: Rents for one-year lease renewals will be raised by...
On May 14, the New York City Council unanimously voted to expand a housing subsidy program that will now give a rent freeze to tens of thousands more seniors citywide.
As part of New York State’s 2014-2015 budget, the state legislature approved on March 31 a huge increase to the...
Airbnb has reached a deal with the New York attorney general in which the rental company will turn over anonymous records of Airbnb hosts for analysis. In the data handed over there will be no names, addresses, or personally identifiable information.
Mayor Bill de Blasio’s administration recently proposed a 3.35 percent increase in New York City’s water and sewer rates. It’s the lowest such increase since fiscal 2006, but officials acknowledged the recommendation doesn’t fully address what the mayor previously...
On May 5, Mayor Bill de Blasio unveiled a 10-year, $41.4 billion affordable housing plan for New York City. The plan outlines how the administration intends to create and preserve 200,000 units of affordable housing over the next 10 years. Of those, 80,000 will be new units and 120,000 will be...
Recently, the Citizens Budget Committee and DNAinfo looked at the census numbers and state records and found that in 2010, 22,642 of the city’s 970,000 rent-stabilized apartments (approximately 2.3 percent) were occupied by households making more than $199,000. Of those, 2,300 apartments...
Local Law 84 of 2009 requires all large buildings in the city to annually measure and publically disclose their energy consumption. LL84 standardizes this process and captures information with the U.S. Environmental Protection Agency’s (EPA) free online benchmarking tool called Portfolio...
Manhattan U.S. Attorney Preet Bharara recently filed a lawsuit against an owner for allegedly violating the federal Fair Housing Act by not making its buildings accessible to residents with disabilities. The two buildings named in the suit are Tribeca Green in Battery Park City and East 96th...
According to a recently released study by Skift, a travel news and market data Web site for the travel industry, Williamsburg, with 1,694 rental listings in 2013, has posted more Airbnb listings than any other neighborhood in the city. Hell’s Kitchen and the Upper West Side came in second...
On Jan. 8, the DHCR officially adopted amendments to the Rent Stabilization Code. The amendments were the end product of the formal process required under the New York State Administrative Procedure Act to amend various regulations in the Rent Stabilization Code, the Tenant Protection...
On Jan. 15, Governor Cuomo announced a major settlement agreement between New York State's Tenant Protection Unit (TPU) and Castellan Real Estate Partners/Liberty Place Property Management.
