rent regulation: Is NYC Rent Regulation Unconstitutional? Supreme Court May Soon Rule - 03/11/12 09:23 AM

The Supreme court may soon decide if New York state and city rent regulation laws (rent control/ rent stabilization) are constitutional. An Upper West Side couple who own a Beaux-Arts brownstone at 32 West 76th Street between Central Park West and Columbus Avenue have been in federal court during the past few years attempting to overturn the rent regulations protecting their tenants. One of those tenants pays about $1,000 a month and has lived in the one-bedroom unit since 1976. While I support affordable housing for poor and middle class families there are many affordable housing programs in NYC besides … (19 comments)

rent regulation: Strange Bedfellows: Rent Regulation and Marriage Equality - 06/24/11 04:34 AM
It is always about deals in New York. Rent regulation, property tax caps and marriage equality rolled into one. Everybody wants something in NY state.
NY state lawmakers passed an emergency extension of rent regulation as they work out the final details of the plan. The new bill would raise the threshold for removing apartments from rent stabilization to $2,500 a month, up from $2,000. Tenants who make more than $200,000 a year would pay market rent. The current income ceiling is $175,000. (as one upstate Republican Senator is quoted as saying: "What's a tenant? - We don't have any of … (10 comments)

 
Mitchell J Hall, Lic Associate RE Broker - Manhattan & Brooklyn

Mitchell J Hall

Lic Associate RE Broker - Manhattan & Brooklyn

Manhattan, NY

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Address: New York, NY, 10024

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