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Media Coverage: Solving the Affordability Crisis

Read Steve Wishnia's article, "How New York Can Solve Its Affordability Crisis" in the Gothamist.

Posted by sue on Thursday, April 24 @ 12:37:22 UTC (120 reads)
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Media Coverage: Mayor Names 5 to Rent Guidelines Board

Mayor de Blasio appointed 5 new members to the 9-member Rent Guidelines Board on March 27, 2014.

(See Wall St. Journal article.) Tenants need a rent freeze, not an increase, when leases are renewed for the period beginning Oct. 1, 2014 and ending Sept. 30, 2015.

Click on "read more" below for a brief biography of the new appointees.

Posted by sue on Saturday, March 29 @ 11:33:20 UTC (831 reads)
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Media Coverage: Development Returns to Mitchell-Lama after 7 years!

The Sand Castle (also known as Seagirt and Roy Reuther) has returned to the Mitchell-Lama program after 7 years out!

Click on "read more" for the full article.

Posted by sue on Friday, July 19 @ 17:10:00 UTC (847 reads)
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Media Coverage: Tenants Respond to NY Post Editorial

Tenants wrote to the NY Post to set the record straight.

Click on "read more" below to see some tenant letters.

Posted by sue on Monday, July 15 @ 12:33:47 UTC (535 reads)
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Media Coverage: NY Times: Harmon case obscures FACTS about rent regulation
NY Times

Some highlights from the article:

  • “New York is a more diverse place because of rent stabilization . . . ."

  • More than half of New Yorkers, whether they are in rent-stabilized apartments or those priced at market rates, spend above 30 percent of their income on rent, according to the Furman Center; 25 percent to 30 percent has long been the guideline. Nearly a third of those in rent-stabilized apartments are paying more than 50 percent in rent. A few weeks ago, I wrote about a formerly homeless man whose salary was insufficient to pay for a $963-a-month one-bedroom apartment in an undesirable part of the South Bronx."

  • Moreover, according to the city data, approximately 240,000 rent-controlled and rent-stabilized units are occupied by those making $15,000 or less a year."

Click on "read more" for the full article.

Posted by sue on Sunday, March 11 @ 11:29:38 UTC (1595 reads)
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Media Coverage: 2 News articles on U or P victory for tenants
Crain's New York Business's Theresa Agovino broke the story, and Bill Weisbrod of the Bronx Times talked about its effect.

Click on the blue links for the articles.

Posted by sue on Tuesday, August 16 @ 10:39:44 UTC (862 reads)
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Media Coverage: Appellate Division U or P decision helps Gluck-owned former Mitchell-Lamas

Preserving existing affordable apartments is important all over New York.

Click on YourNabe.com for an article by Vito Signorile about Janel Towers in the Bronx.

Posted by sue on Friday, February 11 @ 13:15:40 UTC (1714 reads)
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Media Coverage: Onslaught on Rent Stabilization from NY Post

The latest onslaught against rent stabilization remains in high gear as the real estate lobby (via the media) tries to persuade people that rent stabilization is being exploited by the wealthy for their own use.

In fact only about 1/200th of all rent stabilized apartments are de-regulated because the household income exceeds $175,000 for two consecutive years and the rent is $2000 or more. The other 199/200ths of apartments that are de-regulated are lost when they are vacant - so there is no occupant whose rent can even be considered.

Yes, there are a few extremely wealthy people whose occupancy in rent stabilized apartments is a joke.

But according to the Community Service Society report by Tom Waters and Victor Bach, senior housing analysts, the "tenants who live in rent-regulated housing had lower incomes, were more likely to be people of color, and were more likely to be immigrants than other New Yorkers." (From "Destabilized Rents: The Impact of Vacancy Decontrol on Low-Income Communities" 2009). The real estate lobby wants rent regulation to be seen as a subsidy - and we all agree subsidies shouldn't be paid to help the wealthy or even the middle class. But just like banking regulation, securities regulation, and the regulation of restaurant cleanliness, RENT regulation protects the consumer. The occasional cheater should not result in a change in the very regulation we need to protect everyone else. We need MORE affordable housing, not less.

Click on the for a NY Observer article - and respond to it!

Posted by sue on Sunday, December 19 @ 23:28:40 UTC (1105 reads)
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Media Coverage: NY Times: GOP claims NYS Senate

The New York Times reports that Democrats are likely to challenge the court ruling barring a recount for the NYS Senate election in Nassau County.

Click on "read more" below for the article.

Posted by sue on Saturday, December 04 @ 21:18:41 UTC (1058 reads)
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Media Coverage: Gluck hikes rents at Tivoli Towers

New York Daily News article, Rent hikes stump tenants at B'klyn tower

Click on "read more" for the full article.

Posted by sue on Tuesday, November 16 @ 23:04:52 UTC (2367 reads)
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