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Old 10-05-2011, 02:58 PM
 
Location: West Harlem
6,885 posts, read 9,924,567 times
Reputation: 3062

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Quote:
Originally Posted by heidinyc81 View Post
If I were you, I would seek an attorney's opinion ASAP before you agree or sign any documents, you may be getting screwed as fas as the buyout amount. Consult with a lawyer first and foremose,,Good Luck and ignore all the negative comments above. People who have low incomes are entitled to rent stabalized apartments...!!!
Absolutely agree about the lawyer. Some of them specialize in buy-outs.

 
Old 10-05-2011, 07:16 PM
 
4,947 posts, read 10,809,283 times
Reputation: 8577
Whatever the landlord offers, you can assume it's just an offer.
Trust me...if he wants you out bad enough, he'll pay a little or a lot more.

Go get em!
I did.
 
Old 10-07-2011, 01:09 PM
 
Location: NY,NY
2,896 posts, read 9,809,216 times
Reputation: 2074
Mod cut

Go find a Real Estate Litigation attorney and have him/her review the document and advise.

Oh, and regarding the payment, see here is a case in point, the numnuts haven't a clue how to proceed.

Have the LL pay a check in the amount agreed into your attorney's 'Escrow Account' to be released to you upon your vacating the apartment and notice by the LL of such, to release the funds.

This way you are assured the funds have been provided, ready and waiting to be released to you. Otherwise the LL can see you vacate and then tell you to go *********rself. In which case your only recourse w/b to sue and your only reliance w/b the alleged Agreement you poosted above.

It is what I would do and reccommend. Use the money you thought you were getting to fight you in court. You would probably lose, or more accurrately give up or settle for a lessor sum, as I could prolong the court case indefinitely and exhaust your capability to monetarily fund your case; and I'd bring you to pre-trial examinations and court hearings so many times, that all the time off from your job would put your employment in jeopardy!

Hard dirty ball.

Oh and fascsimile signature agreement, not the end of the world, but why not use messengers, and/or have originals to follow by mail or messenger?

Go find a lawyer!

Last edited by bmwguydc; 10-07-2011 at 11:47 PM.. Reason: Insulting other members
 
Old 10-09-2011, 02:29 PM
 
136 posts, read 193,403 times
Reputation: 105
Quote:
Originally Posted by Kefir King View Post
Because renting tenants are in the huge majority in NYC, they get to make the laws.
After browsing your long history of comments on rent control, I can honestly say this is the FIRST one which with I can agree!

Yes, housing experts across the board have blasted rent controls as being a disaster for housing. The only group in the country that still supports it is NYC politicians, for political reasons that are obvious. To oppose rent control is political suicide in NYC. They would never get past the primary.

The NYC Rent system has done terrible damage to the city over the decades, and is still doing it:
Well here's just a sample of the IN-DEPTH analyses of (mostly) the NY housing market written over the years by EXPERTS in the field, regarding the destructive effects of government rent control systems on both the quantity and quality of rental stock. And they actually support their case with extensive data.

How Rent Control Drives Out Affordable Housing
Civic Report 2 | New York City’s Housing Gap, by Peter D. Salins
Housing Policy In New York: Myth And Reality
Is There a New York Housing Crisis? by Nicole Gelinas, City Journal Summer 2006
Thinking Things Over - WSJ.com
Realty Times - New Study Links Rent Control with Deteriorating Housing Stock

More? How about the liberal economist Paul Krugman:
"The analysis of rent control is among the best-understood issues in all of economics, and -- among economists, anyway -- one of the least controversial. In 1992 a poll of the American Economic Association found 93 percent of its members agreeing that ''a ceiling on rents reduces the quality and quantity of housing.'' Referring to the disastrous rent controlhousing crisis, ther system in San Francisco, Krugman says when "an official proposed a study of the city's e was a firestorm of opposition from tenant-advocacy groups. They argued that even to study the situation was a step on the road to ending rent control -- and they may well have been right, because studying the issue might lead to a recognition of the obvious."" Reckonings - A Rent Affair - Op-Ed - NYTimes.com

Opposition to rent control among economists spans the political spectrum from Milton Friedman and Walter Block to leftist Nobel Laureates Gunnar Myrdal and Paul Krugman. In fact, it was the socialist Swedish economist Assar Lindbeck who famously said, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing it."

The pro-regulation activists can cite the work of no economist - no study, no research - to counter the myriad of housing experts who have demonstrated the destructive effect that rent control law has on the quality and quantity of housing.

For those of you who want to delve into this further, here's an easy to understand recent article: Undead Ideas: Rent Control - Columns - Freedom Politics

I think we should let the experts do the talking, don't you?
Happyreading.
 
Old 10-09-2011, 07:39 PM
 
2,517 posts, read 4,254,574 times
Reputation: 1948
Quote:
Originally Posted by Green Explorer View Post
After browsing your long history of comments on rent control, I can honestly say this is the FIRST one which with I can agree!

Yes, housing experts across the board have blasted rent controls as being a disaster for housing. The only group in the country that still supports it is NYC politicians, for political reasons that are obvious. To oppose rent control is political suicide in NYC. They would never get past the primary.

The NYC Rent system has done terrible damage to the city over the decades, and is still doing it:
Well here's just a sample of the IN-DEPTH analyses of (mostly) the NY housing market written over the years by EXPERTS in the field, regarding the destructive effects of government rent control systems on both the quantity and quality of rental stock. And they actually support their case with extensive data.

How Rent Control Drives Out Affordable Housing
Civic Report 2 | New York City’s Housing Gap, by Peter D. Salins
Housing Policy In New York: Myth And Reality
Is There a New York Housing Crisis? by Nicole Gelinas, City Journal Summer 2006
Thinking Things Over - WSJ.com
Realty Times - New Study Links Rent Control with Deteriorating Housing Stock

More? How about the liberal economist Paul Krugman:
"The analysis of rent control is among the best-understood issues in all of economics, and -- among economists, anyway -- one of the least controversial. In 1992 a poll of the American Economic Association found 93 percent of its members agreeing that ''a ceiling on rents reduces the quality and quantity of housing.'' Referring to the disastrous rent controlhousing crisis, ther system in San Francisco, Krugman says when "an official proposed a study of the city's e was a firestorm of opposition from tenant-advocacy groups. They argued that even to study the situation was a step on the road to ending rent control -- and they may well have been right, because studying the issue might lead to a recognition of the obvious."" Reckonings - A Rent Affair - Op-Ed - NYTimes.com

Opposition to rent control among economists spans the political spectrum from Milton Friedman and Walter Block to leftist Nobel Laureates Gunnar Myrdal and Paul Krugman. In fact, it was the socialist Swedish economist Assar Lindbeck who famously said, “In many cases rent control appears to be the most efficient technique presently known to destroy a city—except for bombing it."

The pro-regulation activists can cite the work of no economist - no study, no research - to counter the myriad of housing experts who have demonstrated the destructive effect that rent control law has on the quality and quantity of housing.

For those of you who want to delve into this further, here's an easy to understand recent article: Undead Ideas: Rent Control - Columns - Freedom Politics

I think we should let the experts do the talking, don't you?
Happyreading.
Excellent post! New Yorkers need to wake up and education themselves on how the market forces work instead of fearing it.

Many pro-rent stabilization tenants (if not all) think that if apartments were not price controlled, the landlord could charge whatever he wants. And that right there is where the tenant is wrong and exposes his lack of knowledge on the matter.

So for everyone who is reading this thread thats Pro-RC/RS, lets clear this up once and for all...PRICE GOUGING IN APARTMENT RENTALS DOES NOT EXIST. GET IT THROUGH YOUR THICK HEADS!!!

IT IS A MYTH LIBERALS/RENT STABILIZATION ADVOCATES CREATED TO JUSTIFY THEIR MISSION AND FURTHER THEIR AGENDA.

Rents prices are dictated by the MARKET, NOT the landlord.

A landlord, say in the Bronx CAN NOT charge as an example $1,900 for a 1 bedroom apartment. And even if the landlord was a greedy bastard and had the balls to charge such a high price for a 1 bedroom apartment in the middle of the hood, the apartment would REMAIN VACANT and the LL would lose money every month that apt remains vacant because no one in his market, where the building is located can afford $1,900 a month in rent. Does that sound like a SMART business move? No I didn't think so...

So what must the landlord do?

The landlord MUST (if he wants to stay in business) LOWER his rent price to WHAT THE MARKET CAN BEAR in the neighborhood/area.

Does everyone reading this see my point??? It's not rocket science.

Landlords DO NOT create the rent prices...the MARKET does!!!

Now that you've been educated on how MARKET FORCES work, can someone please explain to me why Rent Control/Stabilization still exist???

The real problem is NYC has dug itself in such a deep hole (thanks to democratic leadership) that if TOMORROW Rent Regulations in NYC were abolished, the discrepancy gap between market rents and rent regulated rents is so HUGE that many people (not all, many wealthy people hold RS apts.) will see a $300+ rent increase to bring them up-to-date with market rent levels.

This will cause many evictions if tenants can't afford it but thats when the CITY/GOVERNMENT should step in and subsidize them by enrolling them in the section 8 program for example.

So the only realistic solution to ENDING rent regulation in NYC is to GRADUALLY phase it out by deregulating units, 1 by 1. This will soften the blow and be gentler on the tenants taking advantage of this ridiculous and unamerican RS law. The other 48 States in the country manage just fine under a free market system...why should NY be any different?

Last edited by hilltopjay; 10-09-2011 at 07:51 PM..
 
Old 10-10-2011, 06:16 AM
 
Location: Manhattan
25,368 posts, read 37,053,451 times
Reputation: 12769
Yep,
terrific bipartisan quotes...but from the CATO INSTITUTE, Rupert Murcoch's Wall Street journal and a REALTY magazine. Like a "bipartisan" polling of the NAZI party.
I'm surprized the Marie Antoinette Memoirs, or the John Birch Society haven't been referenced.

Rent control is the agreed upon system approved over and over by the majority of voting New Yorkers. Landlords can screetch all they want but the bribing of politicians works better in Cities with less transparency. So they rail and stamp their feet because they must abide by REGULATIONS. Of course they can all vote with their feet and MOVE, but here they stay, generation after generation, raking in immense profits...POOR DEARS.

New York City has a reasonably strong system of contorolling rents and it is coincidentally the premiere city in the United States with the HIGHEST price for real estate. Just connect the dots. How silly for landlord mouthpieces to yammer about the destruction of the rental market in THIS city...don't they see how preposterous the non-arguments become. They operate from a single premise, WE WANT MORE MONEY, and then try to couch it in "economic terms."


And when I win my million dollar Nobel Prize perhaps I'll see things differently and take a "pyss on the poor attitude." Oh, and as for the 93% of economists who think rent controls sucks these are the same 93% who saw brilliance in the concept of complete deregualtion of the financial system...resulting in the banks needing a socialist bailout to save them from their stupid, greedy follies and complete failure.
Most economists, myself excluded, feel that economics began and ended with Adam Smith...it doesn't, but their paychecks are signed by those who insist it did so they bray in nonsensical unison.


I guess to find other examples of major cities trampled into third-worldom by strong rent controls one might look to the west for that other city nobody would ever want to live in: SAN FRANCISCO.

Last edited by Kefir King; 10-10-2011 at 07:06 AM..
 
Old 10-10-2011, 06:36 AM
 
Location: West Harlem
6,885 posts, read 9,924,567 times
Reputation: 3062
Quote:
Originally Posted by Kefir King View Post
Yep,
terrific bipartisan quotes...but from the CATO INSTITUTE, Rupert Murcoch's Wall Street journal and a REALTY magazine. Like a "bipartisan" polling of the NAZI party.
I'm surprized the Marie Antoinette Memoirs, or the John Birch Society haven't been referenced.

Rent control is the agreed upon system approved over and over by the majority of voting New Yorkers. Landlords can screetch all they want but the bribing of politicians works better in Cities with less transparency. So they rail and stamp their feet because they must abide by REGULATIONS. Of course they can all vote with their feet and MOVE, but here they stay, generation after generation, raking in immense profits...POOR DEARS.

New York City has a reasonably strong system of contorolling rents and it is coincidentally the premiere city in the United States with the HIGHEST price for real estate. Just connect the dots. How silly for landlord mouthpieces to yammer about the destruction of the rental market in THIS city...don't they see how preposterous the non-arguments become. They operate from a single premise, WE WANT MORE MONEY, and then try to couch it in "economic terms."


And when I win my million dollar Nobel Prize perhaps I'll see things differently and take a "pyss on the poor attitude." Oh, and as for the 93% of economists who think rent controls sucks these are the same 93% who saw brilliance in the concept of complete deregualtion of the financial system...resulting in the banks needing a socialist bailout to save them from their stupid, greedy follies and complete failure.
Most economists, myself excluded, feel that economics began and ended with Adam Smith...it doesn't, but their paychecks are signed by those who insist it did so they bray in nonsensical unison.
Completely agree, except that it is not quite like the Nazi party environment, because the "critics," always either landlords or embittered market-rate renters, actually do know the truth.

Hard to know what will happen with the "WE WANT MORE MONEY" thing. Certainly, it is greed morphed into something quite ugly and insane and anti-social, which would seem to suggest that it will be corrected somehow ...
But we live in the odd and awful time where such things are allowed and grow worse.
 
Old 10-10-2011, 06:39 AM
 
Location: West Harlem
6,885 posts, read 9,924,567 times
Reputation: 3062
Quote:
Originally Posted by hilltopjay View Post
[b]
]PRICE GOUGING IN APARTMENT RENTALS DOES NOT EXIST. GET IT THROUGH YOUR THICK HEADS!!!

IT IS A MYTH LIBERALS/RENT STABILIZATION ADVOCATES CREATED TO JUSTIFY THEIR MISSION AND FURTHER THEIR AGENDA.
Your vehemence suggests that you actually believe this, but is it possible to be THAT uninformed ? I ask myself in wonder.

It is commonly known that in New York, price gouging is all that exists. The differences come in when people observe that this is wrong, on the one hand, or defend it under the rubric of some mythical "free market" thing on the other.
 
Old 10-10-2011, 02:57 PM
 
Location: NY,NY
2,896 posts, read 9,809,216 times
Reputation: 2074
Quote:
Originally Posted by Kefir King View Post
Yep,
terrific bipartisan quotes...but from the CATO INSTITUTE, Rupert Murcoch's Wall Street journal and a REALTY magazine. Like a "bipartisan" polling of the NAZI party.
I'm surprized the Marie Antoinette Memoirs, or the John Birch Society haven't been referenced.

Rent control is the agreed upon system approved over and over by the majority of voting New Yorkers. Landlords can screetch all they want but the bribing of politicians works better in Cities with less transparency. So they rail and stamp their feet because they must abide by REGULATIONS. Of course they can all vote with their feet and MOVE, but here they stay, generation after generation, raking in immense profits...POOR DEARS.

New York City has a reasonably strong system of contorolling rents and it is coincidentally the premiere city in the United States with the HIGHEST price for real estate. Just connect the dots. How silly for landlord mouthpieces to yammer about the destruction of the rental market in THIS city...don't they see how preposterous the non-arguments become. They operate from a single premise, WE WANT MORE MONEY, and then try to couch it in "economic terms."


And when I win my million dollar Nobel Prize perhaps I'll see things differently and take a "pyss on the poor attitude." Oh, and as for the 93% of economists who think rent controls sucks these are the same 93% who saw brilliance in the concept of complete deregualtion of the financial system...resulting in the banks needing a socialist bailout to save them from their stupid, greedy follies and complete failure.
Most economists, myself excluded, feel that economics began and ended with Adam Smith...it doesn't, but their paychecks are signed by those who insist it did so they bray in nonsensical unison.


I guess to find other examples of major cities trampled into third-worldom by strong rent controls one might look to the west for that other city nobody would ever want to live in: SAN FRANCISCO.
Another post of enormous stupidity.

I guess if Barry Goldwater said 2+2=4 you would discount the fact, simply because he is not a liberal?

Why don't you take some of your retirement time and take a couple of Economics courses at City or somewhere, then get back to us.
 
Old 10-10-2011, 08:47 PM
 
2,517 posts, read 4,254,574 times
Reputation: 1948
Quote:
Originally Posted by Kefir King View Post
Yep,
terrific bipartisan quotes...but from the CATO INSTITUTE, Rupert Murcoch's Wall Street journal and a REALTY magazine. Like a "bipartisan" polling of the NAZI party.
I'm surprized the Marie Antoinette Memoirs, or the John Birch Society haven't been referenced.

Rent control is the agreed upon system approved over and over by the majority of voting New Yorkers. Landlords can screetch all they want but the bribing of politicians works better in Cities with less transparency. So they rail and stamp their feet because they must abide by REGULATIONS. Of course they can all vote with their feet and MOVE, but here they stay, generation after generation, raking in immense profits...POOR DEARS.

New York City has a reasonably strong system of contorolling rents and it is coincidentally the premiere city in the United States with the HIGHEST price for real estate. Just connect the dots. How silly for landlord mouthpieces to yammer about the destruction of the rental market in THIS city...don't they see how preposterous the non-arguments become. They operate from a single premise, WE WANT MORE MONEY, and then try to couch it in "economic terms."


And when I win my million dollar Nobel Prize perhaps I'll see things differently and take a "pyss on the poor attitude." Oh, and as for the 93% of economists who think rent controls sucks these are the same 93% who saw brilliance in the concept of complete deregualtion of the financial system...resulting in the banks needing a socialist bailout to save them from their stupid, greedy follies and complete failure.
Most economists, myself excluded, feel that economics began and ended with Adam Smith...it doesn't, but their paychecks are signed by those who insist it did so they bray in nonsensical unison.


I guess to find other examples of major cities trampled into third-worldom by strong rent controls one might look to the west for that other city nobody would ever want to live in: SAN FRANCISCO.

Blah blah blah...all that yapping but no PROOF to back up your claim other than YOUR opinion and what YOUR perception is being a RENTER. You clearly know absolutely nothing about the inner workings of how the market works.

I think its best you crawl back to your "occupy wall street" protest and join all your SOCIALIST buddies.
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