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Changing rent laws could spark new financial crisis
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By Jonathan Lewis, Founder, JLJ Capital There’s been tons of press over the last few weeks and months about the housing crisis in New York City and the
Deals & Dealmakers
Landlords, tenants equally vexed as New York rent deadline looms
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By Sabina Mollot Marietta Hawkes (right) the the RGB meeting With the Rent Guidelines Board set to decide on rent increases for over one million rent stabilized
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Industry laments new rent regulations
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The most sweeping changes ever made to New York City’s rent regulations have been roundly criticized by a real estate industry that is warning of crumbling
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Attorneys look for legal challenge to rent Act
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Ever since the new rent regulations — all 74 pages of them — were signed into law by Governor Andrew Cuomo on Friday, real estate attorneys have been scrambling
Deals & Dealmakers
Rent overhaul will wipe out local owners, warns CHIP
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Governor Andrew Cuomo looks set to approve the biggest package of rent reforms ever introduced in New York. And if he does, thousands of local owners will
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Chinese investors avoiding areas with many rent regulated apartments
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Over the past few years, Chinese investors have been aggressive in commandeering New York City real estate. In 2014, the country accounted for about $6
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Owners, lawmakers lament flaws in rent regulation overhaul
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Five months into the cityʼs new rent regulations, the industry continues to digest the sweeping changes to how landlords can and can’t raise rents.
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SELLING POINTS: All eyes on legacy rent regulated offering
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● CUSHMAN & WAKEFIELD All eyes on Bronx apartment offering Cushman & Wakefield has been retained to sell 1150 Pelham Parkway, a legacy rent regulated
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Computer reboot could spell chaos for rent regulated owners
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Rent regulated building owners are bracing of a massive systems failure as the state reboots its Annual Rent Registration system (ARRO).
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Banks: New regulations will worsen NYCʼs housing crisis
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Now that the new rent regulations out of Albany are the law of the land, the trouble for New York’s housing stock will simply worsen. The Real Estate Board
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Brits offload Upper East Side apartment buildings
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British investor Henley Investments has offloaded a pair of Upper East Side apartment building it bought ahead of new rent regulations in 2017.
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Rent overcharge cases surge
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Landlord attorneys say they’re responses to rent nonpayment claims By Sabina Mollot Half a year after the new laws limiting how landlords can raise