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Agree. Market rate rents would come down if you take the artificial ceilings off so many restricted apartments.
Quote:
Originally Posted by hilltopjay
Why shouldn't the LL collect as well ass demand fair market rent for HIS apartment? It's his property. You make it seem like he is getting over on someone by charging the fair market rent. The reality is the RS tenants are the ones getting over on the LL for all those years paying below market rents on the LL's dime.
As the saying goes "God doesn't like ugly", but you could always print out the advert and mail it along to her LL. *LOL*
Truth to tell many, many, many, *MANY* persons in RS apartments, condos, co-ops and townhouses are renting out rooms or entire spaces in NYC the movement is now "too big to fail". Just as with Uber and other sharing technology that is where things are moving. AirBnB did not receive a valuation of billions based upon nothing.
I don't care where you go in NYC, especially Manhattan from Inwood or Harlem down to Wall Street, many with a spare bed or rooms are is renting them out for money. In fact things have gotten to such a state there are now websites where persons post reviews of rooms/spaces they have rented. Sort of a "Yelp.com" or similar review site to give potential following renters a heads up on what they are getting into.
True, but rent stabilized and other affordable apartments should not have rooms for rent long term. Basically these people are not just screwing over the landlord, there screwing over other people who need affordable housing.
Don't worry - the city is pushing for free legal representation for RS and RC tenants (is estimated to cost the city 100 million bucks) - she just has to hold off for a bit then she can bog it down in the courts free of charge. God bless the system.
Don't worry - the city is pushing for free legal representation for RS and RC tenants (is estimated to cost the city 100 million bucks) - she just has to hold off for a bit then she can bog it down in the courts free of charge. God bless the system.
Whatever *rights* this so called bill is meant to protect, it probably won't do very much to help large portions of those who find themselves in Housing court.
IIRC a majority of cases brought to HC are for non-payment of rent. As the law stands today there are only a handful of defences against such an action, and not having the money isn't one of them. Yes, there are tenants with legitimate beefs such as regarding apartment condition and or lack of services, and or cases of harassment either by direct or indirect means from LL. However make no mistake the root cause of being dragged down to court is still what it mostly always has been; tenants cannot afford to or will not pay rent.
This current mayor and City Council seems very big on spending money the City may or may not actually have. Right now due to a few factors including the red hot real estate market (higher property tax receipts and other income based upon the sale of properties), there is *some* extra money coming in, but NYC's economy is not out of the woods totally.
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