Don't Let Landlords Hold Apts Hostage to Undo the 2019 Housing Law

Landlords are holding 70,000 RENT STABILIZED UNITS off the market.

And now we know at least one reason why.

Landlords want to pressure the state into re-instating vacancy bonuses. (They were banned in the 2019 law .*)  An association of landlords of rent stabilized apartments has offered to put some 20,000 units back on the market if the state rolls back that rent protection.  https://therealdeal.com/2022/04/06/landlords-offer-to-re-open-200k-warehoused-apartments/

Tell Gov. Hochul and the state legislature not to reward landlord "hostage takers" and to pass AM Linda Rosenthal's bill A.5988.

And join the Town Hall this Tuesday, April 12th at 6:30 PM on Zoom with Assembly Member Rosenthal, Council Member Gale Brewer and others to learn how we can END the APARTMENT WAREHOUSING that is depriving our city of needed affordable housing.

 

 

 

 

 

 

Zoom link: https://us06web.zoom.us/j/83569891685.

By phone: 646 558 8656 (meeting ID: 83569891685#) 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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*Vacancy bonuses used to be about 20% - so after 5 vacancies, the rent would have doubled without the landlord making a single improvement. That motivated some landlords to harass tenants out for a quicker turnover.