Normandy denied permission to hike rents at Bronx housing complex

New York /
Jan.January 26, 2012 11:00 AM

Landlord Normandy Real Estate Partners and managing agent Colonial Management Group have been denied permission to raise rents at a Bronx housing complex at 1511-1521 Sheridan Avenue by the Division of Housing and Community Renewal, a triumph for tenants of the complex who organized their efforts to fight the hike early last year.

The more than 100 tenants, who grouped together to challenge the landlord’s request in April, claimed that Normandy had not made the improvements to the building that it was claiming in its application; the buildings still had roof leaks, broken elevators, defective electrical wiring and broken security cameras, they said. They also enlisted the help of non-profit tenant advocacy group Community Action for Safe Apartments and lawyers from the Urban Justice Center to file a letter of opposition with the Division of Housing and Community Renewal.

“Given the shoddy work done by the landlord and the significant amount of serious housing code violations that exist in the building, it was absurd for the landlord to think it deserved to sock the tenants with a million dollar rent increase” said Garrett Wright, staff attorney at the Urban Justice Center. “Fortunately, tenants came together to fight this ridiculous [proposal.]”

Normandy was allegedly proposing a monthly increase of over $20 per room per apartment, which would amount to around $1 million per year in the 221-unit complex.

Neither Normandy nor Colonial were immediately available for comment. A representative for DHCR did not immediately respond to a request for comment. — Katherine Clarke

 

Related Articles

arrow_forward_ios
575 Lexington Avenue (Credit: Google Maps, iStock)

Normandy looks to sell 575 Lex for more than $650M

Normandy looks to sell 575 Lex for more than $650M
250 Church Street with Normandy’s founding partners Jeff Gronning, Finn Wentworth and David Welsh (Credit: Google Maps, Normandy)

Columbia, Normandy close on $205M purchase of 250 Church Street

Columbia, Normandy close on $205M purchase of 250 Church Street
320 West 31st Street and Normandy’s Travis Feehan (Credit: Google Maps, Normandy)

Building buy near Facebook-Apple battleground hints at big project

Building buy near Facebook-Apple battleground hints at big project
Normandy Founder Finn Wentworth, Columbia CEO E. Nelson Mills, 799 Broadway and 250 Church Street (Credit: Google Maps)

Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger

Columbia acquiring Normandy for $100M in New York real estate’s latest megamerger
Normandy, Columbia to buy Tribeca property for roughly $200M

Normandy, Columbia to buy Tribeca property for roughly $200M

Normandy, Columbia to buy Tribeca property for roughly $200M
Normandy, Princeton sell Bushwick warehouse to Steel Equities for $53M

Normandy, Princeton sell Bushwick warehouse to Steel Equities for $53M

Normandy, Princeton sell Bushwick warehouse to Steel Equities for $53M
Normandy, Drake Street refi LIC warehouse-to-office conversion with $75M Deutsche loan

Normandy, Drake Street refi LIC
warehouse-to-office conversion
with $75M Deutsche loan

Normandy, Drake Street refi LIC
warehouse-to-office conversion
with $75M Deutsche loan
Allianz looks to take 30% stake in massive Terminal Stores deal

Allianz looks to take 30% stake in massive Terminal Stores deal

Allianz looks to take 30% stake in massive Terminal Stores deal
arrow_forward_ios

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

Loading...