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The New York City Rent Guidelines Board, rejecting calls for the first rent rollback on rent-stabilized apartments, last night recommended increases of 2percentt on one-year leases and 4percentt on two-year leases.
B1 City Board Favors Rent Rise The Rent Guidelines Board, rejecting calls for the first rent rollback on rent-stabilized apartments, recommended increases of 2percentt on one-year leases and 4percentt on two-year leases beginning Oct. 1.
County officials approved the rent rollback — it runs through 2022 — because they said the center would produce jobs and generate other "economic, social and public benefits".
In June, Pfaelzer struck down as unconstitutional several key provisions in the city's mobile home rent-control ordinance, including a rent rollback to 1984 base levels and a two-year rent freeze.
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Alexander Schmidt, a lawyer for the tenants, said the $68.7 million agreement, combined with past rent rollbacks, brought the total recovery to $146.85 million.
Tenant advocates had demanded a rent freeze or rollback.
At City Hall, tenants citing record landlord profits demanded a rent freeze or rollback.
As a Santa Monica resident, it is surprising that Mr. Gauronskas does not remember that the constitutionality of municipally imposed rent freezes and rollbacks had been judicially validated in California even prior to the adoption of Santa Monica's rent ordinance, which also featured a freeze and rollback at the time of its inception.
Tenant speakers, with their own sad stories, demanded a rent freeze or even a rollback.
Mr. Green also opposes the city's recent rollback of the commercial rent tax, Mr. DePlasco said.
"Obviously the council members were under a lot of pressure". Genuth and other landlord spokesmen maintain that the rent law's toughest provisions--the cap on vacancy decontrols, the rollback and the annual rent increase of 75% of the consumer price index--will lead to a severe deterioration of apartment maintenance.
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