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Old 06-17-2019, 09:26 AM
 
Location: NYC
20,550 posts, read 17,701,807 times
Reputation: 25616

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Quote:
Originally Posted by NyWriterdude View Post
So happy I voted for Cuomo both times.
The only time a Republican can beat any Democrat is when the city goes into a recession. Always need a Republican to take out the trash and then a Democrat back in office to create trash.
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Old 06-17-2019, 10:39 AM
 
Location: New York City
19,061 posts, read 12,717,974 times
Reputation: 14783
Quote:
Originally Posted by NyWriterdude View Post
Some of the people here in the real world have no friends, no love/significant other, and no sex. It shows in their posts.

Millie Jackson had a song for situations like this. Go out and get some. Get it out of your system.
I agree with this except that sooner or later some enemy of the state is going to blow it up with a nuclear bomb. For obvious reasons I hope I'm not here when that happens
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Old 06-17-2019, 11:46 AM
 
Location: JC
1,837 posts, read 1,613,171 times
Reputation: 1671
Quote:
Originally Posted by BlakeJones View Post
I agree with this except that sooner or later some enemy of the state is going to blow it up with a nuclear bomb. For obvious reasons I hope I'm not here when that happens

Hollywood isn't real life.
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Old 06-17-2019, 12:00 PM
 
Location: New York City
19,061 posts, read 12,717,974 times
Reputation: 14783
Quote:
Originally Posted by GoHuskies View Post
Hollywood isn't real life.
No but nuclear weapons are and NYC is the #1 target in the world

It's almost an inevitability, just a matter of when
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Old 06-17-2019, 01:27 PM
 
106,658 posts, read 108,810,853 times
Reputation: 80146
boy did this thread go off course
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Old 06-17-2019, 08:38 PM
 
Location: Manhattan, NYC
1,274 posts, read 979,018 times
Reputation: 1250
It's not necessarily a bad idea, I mean, rents can't go up by 10% or more if your pay doesn't even go up by 2%. There is no justification in that.

And unfortunately, landlords did not require any rent stabilization law to not renovate a building, that has been happening long before any kind of regulation existed.
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Old 06-18-2019, 11:54 PM
 
31,907 posts, read 26,970,741 times
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If anyone has the time to be bother, you can read entire 70 some odd pages of new law here: https://www.nysenate.gov/legislation/bills/2019/s6458
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Old 06-19-2019, 01:41 AM
 
106,658 posts, read 108,810,853 times
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Quote:
Originally Posted by Gasolin View Post
It's not necessarily a bad idea, I mean, rents can't go up by 10% or more if your pay doesn't even go up by 2%. There is no justification in that.

And unfortunately, landlords did not require any rent stabilization law to not renovate a building, that has been happening long before any kind of regulation existed.
sure the rents can go up more ...no different then oil doubling and your pay stays the same ..all that happens is less goes to something else.
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Old 06-21-2019, 04:03 PM
 
31,907 posts, read 26,970,741 times
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What the new law actually says/does for all market rate tenants.
https://www.nytimes.com/2019/06/21/n...-new-york.html


Landlords of all sorts have been bent over and are going to get hurt.

Evictions will take over a year, no more tenant screening, security deposits limited, etc....

I expect many small landlords (two-three family homes, those renting out rooms, co-op or condo apartments, etc....) will simply decide the humping they are getting isn't worth the humping they are getting and sell.
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Old 06-21-2019, 04:21 PM
 
3,210 posts, read 4,613,160 times
Reputation: 4314
Quote:
Originally Posted by BugsyPal View Post
Don't think so, though anything can happen.


City and state are far more proactive than in 1970's and 1980's in dealing with LL's basically attempting to evict by neglecting their property. That and post that horrible building explosion on Second avenue a few years ago local DA's office would certainly prosecute anyone they even suspected of arson or whatever to the fullest extent of law.
Will we see full on torchings? No. What I do think will happen, and I suspect some want to happen, is many landlords will go bankrupt. Once buildings go into receivership, the city can scoop them up for pennies on the dollar to make them HPD/NYCHA/HDFC's etc. In a way, it's like what DeBlasio once said when he bemoaned "Private Property". If the city/state can drive landlords out of business, then the city can begin amassing the city's real estate portfoilo for itself and in a sense end private property.

They know what they are doing.

What will be the tripwire is once these buildings become state property, and end up just as bad (worse probably) than NYCHA, who's going to bail the city out then?
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