The Real Deal New York

Three mayoral candidates propose rent freeze at all rent-stabilized apartments

June 14, 2013 10:00AM

As New York City gears up for the mayoral election, three democratic candidates have spoken out in favor of a rent freeze at the city’s rent-stabilized apartments, the New York Times reported.

City Council Speaker Christine Quinn, Public Advocate Bill de Blasio, and City Comptroller John Liu all endorsed a rent freeze at the Rent Guidelines Board public hearing yesterday, the Times said.

“It is time we finally consider the tenants,” Quinn said, expressing concern that tenants have not weathered the recession as well as landlords.

The board has proposed an increase ranging from 3.25 percent to 6.25 percent for a one-year lease and 5 percent to 9.5 percent for a two-year lease. Last year, the board approved an increase of 2 percent for a one-year lease and 4 percent for a two-year lease. An additional supplement, characterized by tenant advocates as the “poor tax,” slaps on another rent increase for tenants who live in a rent-stabilized apartment and pay less than $1,000 a month.

De Blasio said that the board’s decision to hold only one public hearing in Manhattan while neglecting to hold a second one in the outer boroughs was an “outright failure of democracy.” [NYT]Hiten Samtani

  • AM

    Its so entirely beyond my scope of understanding how an American elected official can speak in such a way. The notion that they can govern through executive fiat and order NO rent increases, as if the tenants have some sort of proprietary right to the apartment.

    It is entirely outside of the Governments role to dictate rent regulation AT ALL, but to opine that NO RENT INCREASES at all should take place is not only unconstitutional but is criminal.

  • Common Sense

    AM +1 – and further. It is beyond me how anyone in the real estate industry could give political donations to Quinn. She is going to meetings to advocate for a rent freeze – she is no friend of real estate period.

    • AM

      Shes no friend of freedom, period.

  • Steve

    3 terrible candidates that will drag the city into the gutter if elected

  • NotQuinn

    They are pandering whores. The whole of them and Quinn in particular. Why is the real estate community giving her so much money?

  • Henri

    Rent regulation doesn’t make sense to begin with. Why in the world should SOME people be entitled to pay $150 for a 4 bedroom $3500 apartment? why shouldn’t there be a MINIMUM that someone should pay for an apartment depending how many on how many bedrooms it has? Even if someone would argue that regulation does make sense cause you cant raise the rent for the elderly people, it would still need a huge make over, for example why in the world should a tenant be allowed to transfer his/her apt to relatives or kids??? did these kids win the lotto or what.. why are they different then all other kids in the city???? Also, why can a single person live in a 3 bedroom stabilized or controlled apt??? they’re using up the inventory by doing this…. give him a 1 bedroom instead and put in a big family in this 3 bedroom…


  • izzy


  • Sh!t My Tenants Say

    New York City must have the most clueless wannabe mayors

  • Wtf

    I wonder how many of these candidates are taking advantage of rent stabilized housing. Wouldn’t be shocked if each member of their whole families each have RS apartments in a great part of town.

  • ralphpetrillo

    Well landlords that own rent regulated apartments bought the properties knowing of the law and risks implied, however no rent increase is comical.

    Guess they are trying to get the popular vote.

    It may be time to pass a law restricting the number of buildings to 20 that one entity can own in NYC, so a large supply of apartments are not controlled by one group or ten members of one organized group that conspire to keep rents artificially high.