Tuesday, March 8, 2022

The NY Times article linked below misses one important point: rents are high in part because even just before the pandemic, landlords were refusing to rent out over 70,000 vacant rent stabilized apartments.  That is still the case - and probably the number is even higher. 

Assembly Member Linda Rosenthal has a great state bill to discourage warehousing, and Council Member Gale Brewer has agreed to sponsor a city bill to figure out the number of such vacant units and ensure the safety of tenants who live near them (some of the empty apartments become fire hazards or harbor vermin, mold, and worse).  Let Linda Rosenthal and Gale Brewer and your other representatives know we're grateful and we need those laws NOW! 

NYC Comptroller report cites warehousing as big problem

  NYC Comptroller's Spotlight:  NYC's Housing Supply Challenge , Feb. 13, 2024:  EXCERPT: One particular area of concern in the gap ...