NY may pass bill to stamp out illegal hotels

New York /
Jun.June 30, 2010 03:00 PM
Gottfried and Dexter House, an alleged illegal hotel The Real Deal uncovered

The state legislature may pass a bill that would sharpen the language for laws relating to transient and permanent housing, cracking down on the so-called illegal hotels that flourish on the Upper West Side,

the West Side Spirit reported. The Democrat-supported bill — which
already passed in the House — would affect the many landlords who own
buildings with single room occupancy units and prefer to rent them out
to tourists rather than low-income New Yorkers. The bill’s sponsor,
Assemblyman Richard Gottfried, believes that “it’s harassment and
dangerous for tenants to share their apartment buildings with
transients trooping in and out at all hours,” he told the West Side Spirit. The Real Deal reported last February that Cardinal Investments, the developer of M127 in Murray Hill, illegally listed its unsold apartments on its website. The
city has unsuccessfully tried to rein in these hotels in the past, sometimes
through building code violations. [West Side Spirit]


Related Articles

arrow_forward_ios
Salesforce CEO Marc Benioff and Amazon's Jeff Bezos are backing the startup (Getty, Arrived)
Bezos-backed Arrived Homes is latest startup to expand real estate investment
Bezos-backed Arrived Homes is latest startup to expand real estate investment
The Roger New York hotel at 131 Madison Avenue, Larry Korman of AKA Hotel Residences and Joe Lubeck of Electra America (Google Maps, Getty, Electra)
Electra America JV nabs Roger hotel for $71M discount
Electra America JV nabs Roger hotel for $71M discount
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
The grand reopening: As restrictions lift, CRE markets race toward recovery
The commercial market was hit hard by the pandemic, and property tax revenue is expected to fall 5 percent. (iStock)
Tax bills show how much Covid devalued NYC real estate
Tax bills show how much Covid devalued NYC real estate
Acting Katara CEO Andrew Humphries and 355 West 16th Street (Google Maps, AHIC)
Katara Hospitality takes over Dream Downtown’s $125M ground lease
Katara Hospitality takes over Dream Downtown’s $125M ground lease
Real Estate EFTs See Investment Amid Pandemic Recovery
Why investors are rushing into real estate ETFs
Why investors are rushing into real estate ETFs
About 38 percent of New York hotels with loans in commercial-mortgage backed securities were 30 days or more past due in May. (iStock)
Hotels’ recovery taking longer in NYC than elsewhere
Hotels’ recovery taking longer in NYC than elsewhere
Gowanus Inn & Yard at  645-651 Union Street, Brooklyn, Sonder CEO Francis Davidson and Red Pine Principal Michael Federman (Google Maps, Sonder, Federman Steifman)
Sonder takes lease for 76-key Gowanus Inn
Sonder takes lease for 76-key Gowanus Inn
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...