Tag: Renting and Leasing (Real Estate)

When a Great Apartment Plays Cupid

In New York, where apartments tend to be small and good ones hard to come by, real estate often plays an outsize role in romance, speeding along some relationships and straining others as couples juggle the stages of courtship with lease terms and the lure of cheaper rent. At least, it did for Helga Traxler […]

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Live in a Regulated Apartment? New York City Just Decided Your Rent

[What you need to know to start the day: Get New York Today in your inbox.] It is a decades-old tradition: A nine-member city board meets once a year in a packed auditorium in Lower Manhattan before a raucous crowd of hundreds of tenants and landlords. Tensions flare. Protesters are sometimes arrested. And the board’s […]

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He’s in Charge of Housing for 11,000 Minnesotans. Can He Handle 400,000 New Yorkers?

[What you need to know to start the day: Get New York Today in your inbox.] One chairman resigned in 2008 a few months after a 5-year-old boy fell 10 stories to his death trying to escape a stalled elevator in a Brooklyn housing project. Another chairman resigned in 2013 following reports of mismanagement and […]

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A Plan to Mine the Minnesota Wilderness Hit a Dead End. Then Trump Became President.

ELY, Minn. — In the waning months of the Obama administration, a Chilean conglomerate was losing a fight with the United States government over a copper mine that it wanted to build near a pristine wilderness area in Minnesota. The election of President Trump, with his business-friendly bent, turned out to be a game-changer for […]

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Congrats (or Condolences) on Your New Job: Running the Housing Authority

[What you need to know to start the day: Get New York Today in your inbox.] One chairman resigned in 2008 a few months after a 5-year-old boy fell 10 stories to his death trying to escape a stalled elevator in a Brooklyn housing project. Another chairman resigned in 2013 following reports of mismanagement and […]

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How New Rent Laws in N.Y. Help All Tenants

[What you need to know to start the day: Get New York Today in your inbox.] The bulk of the landmark changes to New York’s rent laws last week was aimed at strengthening protections for the 2.4 million people who live in New York City’s rent-regulated apartments, or almost half of the city’s tenants. But […]

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Landlords Oppose Trump Plan to Evict Undocumented Immigrants

WASHINGTON — Landlords and local officials across the country say a White House proposal to eject undocumented immigrants from subsidized housing would displace some of their most reliable tenants and add major financial strains to an already cash-strapped system. Officials with the Department of Housing and Urban Development, prodded by hard-liners like Stephen Miller, President […]

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Rent Laws’ Impact: Tenant Paradise or Return of the ‘Bronx Is Burning’?

[What you need to know to start the day: Get New York Today in your inbox.] When a neighborhood landlord named Stephanie Kirnon learned about the far-reaching changes to New York’s rent laws, she grew anxious: How would she afford the $29,000 in repairs to the leaky roof of the 26-unit apartment building she owns […]

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New Rent Laws Pass in N.Y.: ‘The Pendulum Is Swinging’ Against Landlords

[What you need to know to start the day: Get New York Today in your inbox.] ALBANY — New York lawmakers on Friday passed a sweeping package of rent laws designed to dramatically enhance tenant protections and reshape the state’s housing landscape, after a monthslong battle that galvanized tenant activists and dealt a blow to […]

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‘Notorious B.I.G.’ Way and 8 Other Public Spaces Named for Rappers

Weather: Grab an umbrella! Rain all day, easing in the afternoon. High in the low to mid-60s. Alternate-side parking: In effect until July 4. ImageThe rapper Lil’ Kim speaking at the ceremony announcing Christopher “Notorious B.I.G.” Wallace Way in Brooklyn.CreditShannon Stapleton/Reuters This week, Mr. Wallace, who was killed in 1997, got another honor: Fulton Street […]

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How Titans of N.Y. Real Estate Were Trounced in Historic Rent Law Deal

Less than a day after newly emboldened Democratic lawmakers announced bills that would significantly tighten tenant protections, prominent real estate developers got Gov. Andrew M. Cuomo on the phone to make a last-ditch plea to persuade him to block the measures. The developers, including Douglas Durst, Richard LeFrak and William C. Rudin, are involved with […]

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Rent Regulations in New York: How They’ll Affect Tenants and Landlords

Democratic lawmakers in New York harnessed their new powers on Tuesday to broker sweeping changes to rent laws in order to protect tenants in a state with some of the country’s most expensive housing markets. The regulations that lawmakers agreed upon would stretch beyond New York City to the entire state, allowing other municipalities to […]

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Landmark Deal Reached on Rent Protections for Tenants in N.Y.

Newly empowered Democratic leaders in Albany announced a landmark agreement on Tuesday to strengthen New York’s rent laws and tenant protections, seeking to address concern about housing costs that is helping drive the debate over inequality across the nation. The changes would abolish a rule that allows building owners to deregulate apartments, close a series […]

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Inside the Stealth Campaign for ‘Responsible Rent Reform’

[What you need to know to start the day: Get New York Today in your inbox.] ALBANY — The campaign has all the hallmarks of a grass-roots effort: boisterous rallies, emotional testimonials and appeals to remember working-class New Yorkers, as lawmakers weigh a total rewrite of New York City’s rent laws. But the campaign’s organizers are […]

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Albany Can Make History for Tenants

Gov. Andrew Cuomo could make history soon by signing legislation to reverse a quarter-century-long erosion of rent protections that cover over 40 percent of New York City’s rental units. The package of bills, which have strong support in the State Senate and Assembly, would put the needs of tenants before the demands of the real […]

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They See It. They Like It. They Want It. They Rent It.

Many young American urbanites have resigned themselves to a life of non-ownership, abandoning the dream of their parents and grandparents and great-grandparents before them, often out of financial necessity. But renting isn’t just a matter of necessity these days. It’s become almost posh. While paying to borrow décor, clothing and offices is nothing new, the […]

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The Widows of the Plaza Hotel

The Plaza Hotel’s best known resident may be a fictional 6-year-old named Eloise, but from the moment the imposing French chateau-style structure opened in 1907 until well into the 1980s, it was known for a series of real-life wealthy dowagers who made it their home. There was a Russian princess who kept a lion in […]

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How Can I Avoid a Rent Increase?

Q: I live in a market-rate apartment in Kensington, Brooklyn, with reasonable rent. My lease is up for renewal soon and I want to stay. But I haven’t heard anything from my landlord yet, and I’m worried the rent will go up a lot. What’s the best way to approach the property manager about a […]

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Cory Booker’s Housing Plan Offers Tax Credit to Millions of Renters

Senator Cory Booker of New Jersey on Wednesday unveiled a plan to tackle affordable housing that would provide a tax credit for renters to ensure they would not spend more than 30 percent of their income on rent — a sweeping new entitlement program that his campaign estimated would reach 57 million Americans, including 17 […]

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Dozens Arrested at State Capitol as Rent Debate Escalates

ALBANY — The conflict over New York City’s rent laws turned raucous on Tuesday as hundreds of tenant activists flooded the State Capitol, leading to scuffles and dozens of arrests. For months, activists have cast a looming rewrite of New York’s rent laws as a once-in-a-generation battle. The state law that regulates almost one million […]

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