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Veritas' 950 Franklin
credit: Veritas
News

Battle Heats Up Over S.F. Landlord's Sale Of Huge Rent-Controlled Portfolio

... sale of the city's largest owner of rent-controlled housing. “Too much is at ... to just put this huge number of rent-controlled units on the market for the ... capital, think that they can push out rent-control tenants then sell the buildings for huge profits ...

Jan 28, 2020
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Cambridge Terrace Apartments
News

Veritas Snaps Up Rent-Controlled Portfolio In Oakland

... company to delay any sale that would jeopardize the rent control on many of its San Francisco units. Neither Veritas ... Oakland residential properties still run high, but with May rent collection representing an important question mark. The Oakland portfolio ...

Apr 13, 2020
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State Senators Defend Rent Reform Laws To CRE Industry As Criticism Continues
News

State Senators Defend Rent Reform Laws To CRE Industry As Criticism Continues

... of view, the industry’s chief criticism has been that rent control laws don’t address supply, which is badly needed ... Senior Vice President Robert Riggs said owners of rent-stabilized properties should take control of expenses in other ways than turning over ...

Aug 08, 2019
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REBNY's John Banks and James Whelan
News

John Banks Reflects On Rent Reform, REBNY's Role And CRE's Future In NYC

... through a time of enormous change. The rent regulations are considered to be hugely damaging. ... in things like when we opposed commercial rent control last fall at the city council. ... would look at the outcome of the rent regulation and think that's regretful. ...

Jun 26, 2019
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Apartment rents, Apartment For Rent
News

Universe Holdings' Henry Manoucheri Explains Why He Likes Buying Rent-Controlled Property

... may shy away from acquiring properties under rent regulations because of limits on profits and ... come up with their own version of rent control. We’re not buying in those areas ... or form and cities do bring back rent control across the board, you will see an ...

Oct 04, 2018
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Apartment rents, Apartment For Rent
News

These 10 Cities Experienced Large Apartment Rent Boosts In November

... Radbil tells Bisnow. "Renters and advocates have been pushing for rent control reform, as cited in numerous reports following the election. People ... the Bay Area are taking notice and the issue of rent control is becoming more serious in San Jose and San ...

Nov 23, 2016
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Real Estate Industry, Politicians React to Rent Regulation, 421-a Extensions
News

Real Estate Industry, Politicians React to Rent Regulation, 421-a Extensions

... 421-a for a half-year. The extention of the rent regulation guidelines left in place the controversial vacancy decontrol provision ... it appears to be tinkering around the edges, at best. Rent control came into existence 70 years ago to temporarily assist GI ...

Jun 24, 2015
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The Chrysler Building in New York City
News

Judge Rules RFR Must Hand Over Control Of Chrysler Building To Cooper Union

... to interfere with Cooper Union’s management or operations in control of the building,” Schecter said at the hearing, The Real ... that there was no legal precedent for a tenant stopping rent over a landlord’s actions outside of the property, TRD ...

Oct 31, 2024
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chrysler building
News

RFR's Control Of Chrysler Building Has Been Terminated, Its Landlord Says

... Building for the past five years, but it stopped making rent payments after May, according to Cooper Union, the private college ... . The ground lease will terminate today, Sept. 27, 2024, and control of the Chrysler Building will transfer to Cooper Union.” RFR ...

Sep 30, 2024
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320 Saint Nicholas Ave.
News

L+M Sues Bank For Refusing To Take Keys To Rent-Regulated Apartments

... said the changes had an “immediate deleterious impact” on rent-regulated apartments. The owner stopped work and warehoused the ... book, backed by rent-stabilized and rent-controlled housing in New York City and elsewhere. That transferred control of L+M’s ...

Mar 21, 2025
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