NYC politics
fromtherealdeal.com
23 hours agoDoomed to fail: Why Rent Guidelines Board always gets it wrong
The Rent Guidelines Board's process is ineffective and cannot set appropriate rent increases for diverse tenants.
Good urbanism should transcend politics. Socialists and capitalists can walk the same neighborhood and agree it's a pleasant place to live. They can each appreciate the tree canopy, the corner café with people spilling onto the sidewalk, the mix of ages on bikes and on foot, the architectural details of older buildings, and so on.
Criterion Capital has issued 87 section 21 notices across its property portfolio, amounting to fewer than 5% of its total tenants, and insists this is routine management.
Riccardo and Simone Bertagna bought a 25% stake in a property valued at 440,000 through a housing association, feeling proud and accomplished. However, they later faced significant issues, including rising service charges and maintenance problems, which left them feeling trapped in an unsellable home.
Ginsburg stated that treating builder business as a core pillar rather than a side channel reflects a broader industry shift. He believes a healthy balance of builders should be around 15% to 20% of the overall retail book of business.
Rising utility costs continue to be a pain for the average U.S. renter. Energy-efficient rental features that help lower these costs like LED lighting, good insulation, and smart thermostats are becoming a baseline for renters.
What that became, in practice, was closer to psychic warfare. "We both tried to leverage the fact that we're supposed to be friends," Henry said. "I'd use it against him all the time: 'Come on, dude, what are you talking about?' And he'd do the same thing to me." Take, for example, the time Henry and his fiancé fostered a dog without asking Reid first: "I was like, 'He is not going to evict us for having a dog.'"