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Rent

Posted inHow to New York

How the Rent Guidelines Board Sets the Price on Your Next Lease

April 27, 2023, 5:00 a.m.Oct. 11, 2023, 1:15 p.m.
The nine-person board is about to take its preliminary vote, then hear rowdy input from the public. As the city’s affordability crisis worsens, the process is set to be as tense as ever in 2023.
Chinatown residents rally outside Manhattan Civil Court in favor of protecting affordable rents, April 19, 2023.
Posted inTenants

Chinatown Residents Rally for a Good Cause Eviction Law, and Against Ever Higher Rents

April 19, 2023, 7:36 p.m.April 20, 2023, 4:05 p.m.
Protesters said that small landlords upset with their tenants should be directing their anger at their banks instead.
Posted inRent

Landlords Demand Major Rent Increase After Dismal Housing Report

March 30, 2023, 6:13 p.m.March 30, 2023, 6:13 p.m.
The Rent Guidelines Board finds an increase in the number of financially stressed rent-regulated buildings.
Posted inHousing

Map: See Where NYC Landlords Stopped ing Rent-Stabilized Units

Suhail Bhat Feb. 15, 2023, 5:00 a.m.Oct. 17, 2023, 11:31 a.m.
New data from the housing group JustFix shows thousands of NYC apartments didn’t as rent-stabilized — even after a 2019 law required continued controls with few exceptions.
Posted inDestabilized

Is Your Apartment Rent-Stabilized? How to Get Your Rent History in NYC

Dec. 23, 2022, 5:05 a.m.May 14, 2024, 3:51 p.m.
A record of your unit’s rental history from a state housing agency is the best place to start. Here’s how to get it.
Posted inNYCHA

NYCHA Faces Financial Crisis as Nearly Half of Tenants Are Late on Rent, With Many Awaiting Missing Aid

Dec. 21, 2022, 7:02 p.m.Dec. 21, 2022, 7:02 p.m.
The drop in rental income appears to imperil NYCHA’s ability to perform repairs to aging properties as required by a recent agreement with the feds.
Posted inRent

Manhattan and Brooklyn Rents Flatten After Record Surge — But Don’t Expect Bargains

Dec. 7, 2022, 9:57 p.m.Dec. 7, 2022, 9:57 p.m.
“Those that are expecting an improvement in affordability will be disappointed” says Douglas Elliman analyst Jonathan Miller.
Posted inNYCHA

NYCHA Tells Feds Housing Fixes Delayed by Massive Shortfall in Rent Collection

Nov. 29, 2022, 9:47 p.m.Dec. 1, 2022, 12:16 p.m.
A court-ordered timeline for fixing boilers and elevators and eliminating toxins and pests is imperiled by a gigantic deficit in rental revenue, says the housing authority.
Posted inTaxes

Prosecutors Allege Bushwick Developers Cashed In on Tax Breaks While Overcharging Tenants

Oct. 19, 2022, 12:58 p.m.Oct. 19, 2022, 4:54 p.m.
The Manhattan District Attorney’s Office contends six developers ‘fraudulently obtained’ more than $1 million in tax credits aimed at boosting affordable housing.
Posted inDestabilized

More than 60,000 Rent-Stabilized Apartments Are Now Vacant — and Tenant Advocates Say Landlords Are Holding Them for ‘Ransom’

Oct. 19, 2022, 5:05 a.m.April 3, 2025, 2:18 p.m.
The number of empty regulated apartments nearly doubled between 2020 and 2021, a state memo obtained by THE CITY shows.

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