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Tenant demonstrators attended the New York City Rent Guidelines Board hearing June 21, loudly calling for the board to freeze or reduce stabilized rents.
News

Rent Guidelines Board Limits Hikes To 3% In Contentious Final Hearing

... Landlords who own 50 units or fewer control 8% of the city's rent-stabilized housing, while those who own ... unacceptable.” State Assemblywoman Phara Souffrant Forrest joined tenants advocating rent rollbacks. Adams previously issued a statement saying that ...

Jun 21, 2023
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NYC apartments
News

Landlords Ask Supreme Court To Rule Rent Stabilization Unconstitutional

... after a federal appeals court upheld the regulations. The Rent Stabilization Association, the Community Housing Improvement Program and some ... clause. “A victory in our lawsuit does not remove rent control,” CHIP’s Jay Martin told Gothamist in February. “We ...

May 09, 2023
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Protestors gathered in front of Blackstone Group's office in Santa Monica in support of a ballot initiative that would repeal Costa Hawkins Rental Housing Act.
News

With California Rent Cap In Sight, A Tenants Rights Movement Grows

... to be more shortage of housing," Manoucheri said of the rent control and rent cap measures. "There’s going to be a drop ... but eventually, it's going to be subject to rent control or a rent cap." Sabal Capital Partners CEO Pat Jackson predicts there ...

Sep 12, 2019
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Wu Mulls More Developer Fees And Rent Stabilization In New Affordable Housing Agenda
News

Wu Mulls More Developer Fees And Rent Stabilization In New Affordable Housing Agenda

... decision last month to overturn Boston’s indefinite eviction moratorium. Rent control has been banned in Massachusetts since 1994, and outgoing ... . Boston’s CRE players expressed doubt over Wu’s rent control push at the time of her election last month. ...

Dec 22, 2021
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Protest in front of Blackstone Group's office in Santa Monica
News

It's Official: California Governor Signs Bill, Capping Rent Across The State

... of a much larger tenants rights' movement happening worldwide.  Rent control advocates say a combination of low wages and lack  ... share of affordable housing.  However, opponents of rent control or California's "rent cap" say placing any kind of limit on ...

Oct 09, 2019
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With Rent Jumps Of Nearly 40%, Tampa Mayor Seeks To Ease Growing Pains
News

With Rent Jumps Of Nearly 40%, Tampa Mayor Seeks To Ease Growing Pains

... crunch: luring high-paying jobs, improving transportation and even exploring rent control. “But really, the bottom line is more supply,” Castor said ...

Feb 14, 2022
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commercial real estate, New York City, apartments, apartment building
News

New York Legislature Reaches Deal On Sweeping, Controversial Rent Reform Package

... municipalities across the state to enact their own forms of rent control. If Cuomo signs the package, which he has said he ... to hear an explosion in this state, you let the rent control laws expire.” The impending laws have significantly affected the real ...

Jun 11, 2019
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Rent Control: A Quick Fix Or Long-Term Solution?
News

The Limits Of Control: Are Rent Caps Really A Long-Term Solution?

... has been happy with new rent control measures. The California Apartment Association is fighting rent control in both Mountain View and ...  fighting a June referendum vote on Santa Rosa’s rent control ordinance. In particular, removing the restrictions of the ...

Mar 28, 2017
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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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