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Lustine Realty Co. is headquartered on a prominent corner on D.C.'s 14th Street corridor.
News

80-Year-Old Local Firm Sells Last D.C. Property

... He blames D.C.'s tenant-friendly housing laws, including rent control, eviction protection and the Tenant Opportunity to Purchase Act, ... for artificially constricting the properties' income.  D.C.'s rent control policy, which applies to more than 70,000 units ...

Feb 23, 2025
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Bisnow Week In Review: The Most Consequential CRE Stories From Last Week
News

Bisnow Week In Review: The Most Consequential CRE Stories From Last Week

... Supreme Court on the case could have impacted rent control laws nationwide. The plaintiffs, landlord groups ... Community Housing Improvement Program and the Rent Stabilization Association, asserted that rent control equates to an unconstitutional property ...

Oct 08, 2023
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Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns
News

Investors Steering Clear Of Maryland Suburbs Due To Regulatory Concerns

... week in which he blamed one factor: rent control.  Both Maryland counties instituted rent stabilization laws that went into effect last ... have the propensity to have a lot of regulations, rent control, things of that nature, and irrespective of your ethical ...

Dec 09, 2025
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Bisnow Week In Review: The Most Consequential Stories In CRE
News

Bisnow Week In Review: The Most Consequential Stories In CRE

... as from office to hotel or residential. Read more Rent Control Debate Fuels Uncertainty In Prince George’s County’s Multifamily ... Market  Prince George’s County's temporary rent control policy, capping rent growth at 3%, is set to expire in ...

Oct 22, 2023
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chrysler building
News

RFR Evicted From Chrysler Building, Ending Feud With Cooper Union

... a legal dispute over $21M in unpaid rent. Control of the building fully returns to Cooper Union ... Union for the months of unpaid ground rent during litigation, as well as paying ... Schecter ruled that RFR had to cede control of the landmark to the university. ...

Jan 30, 2025
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'Survive Till '25' Was About Weathering The Storm. Here Are 20 Things That Didn't Make It
News

'Survive Till '25' Was About Weathering The Storm. Here Are 20 Things That Didn't Make It

... in discussions with its lender, Forbright Bank. Biden’s Rent Control Push To the chagrin of multifamily owners nationwide, President Joe ... . Like many other parts of Biden’s agenda, the rent control plan is unlikely to survive the return of President-elect ...

Dec 11, 2024
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The apartment building at 8711 Georgia Ave. in Silver Spring.
News

Silver Spring Apartment Building Turning Affordable With $42M Deal

... who qualify as lower-income will see reductions in their rent, and the other market-rate units will be converted to ... away from Montgomery County this year due to its new rent control policy that applies to buildings for their first 23 years ...

Dec 10, 2025
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LA Apartment Association Sues To Prevent Enforcement Of New Renter Protections, Says It's 'Got More Coming'
News

LA Apartment Association Sues To Prevent Enforcement Of New Renter Protections, Says It's 'Got More Coming'

... doing so effectively imposes a rent cap on all units, creating a de facto rent control on units by “financially penalizing ... with the existing laws about which units are subject to rent control.  AAGLA members and staff participated heavily in public comment ...

Mar 07, 2023
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Person holding home keys in front of a door
News

Solo Renting Soars In Popularity

... declined to hear a case on rent control in New York City that could have affected rent control laws nationwide and made a ... pathway for rent-stabilized housing. In July, the ...

Oct 11, 2023
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Houseboats in Sausalito
News

Marinas Are In Demand, But Houseboat Residents Are Treading Water

... in June introduced Assembly Bill 252, which would extend rent control to houseboat residents.  In the meantime, the residents of ... might even agree to include this protection, the statewide rent control ordinance,” Ashcraft said. “We should be doing what ...

Aug 22, 2022
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