Landlords to run 700 ads against proposed rent freeze

Owners gear up for fight as Rent Guidelines Board prepares for public hearings on plan

New York /
Jun.June 12, 2014 09:00 AM

New York’s landlords are fighting against a rent freeze.

The Rent Stabilization Association, an organization that represents 25,000 landlords in New York City, launched a six figure-campaign to prevent the Rent Guidelines Board from going through on installing a rent freeze.

It would be the first rent freeze on rent stabilized apartments in the city’s history. The plan is supported by Mayor Bill de Blasio, who campaigned on the issue. The first of five public hearings on the matter was scheduled for Thursday.

The Rent Stabilization Association has paid for more than 700 ads to air, more than 40 per day, on radio and television.

Joseph Strasburg, the association’s president, said his organization launched the campaign to improve the reputation of landlords of affordable housing.

“People think all landlords are rich, but over 70 percent of our members are small-property owners who provide affordable housing for the majority of the population,” Strasburg said.  [NYDN] – Claire Moses 


Related Articles

arrow_forward_ios
Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)
After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws
Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)
New NYC rent law “beginning to shut down investment”
New NYC rent law “beginning to shut down investment”
A photo illustration of the 960 Franklin Avenue rendering with Continuum Company's Bruce Eichner (iStock, 960 Franklin/Illustration by Kevin Rebong for The Real Deal)
Apartment project near Brooklyn Botanic Garden is shortened
Apartment project near Brooklyn Botanic Garden is shortened
Mayor Bill de Blasio and City Council speaker Corey Johnson (Getty)
De Blasio admin opposes Corey Johnson’s land use overhaul
De Blasio admin opposes Corey Johnson’s land use overhaul
A photo illustration of Donald Trump at the Wollman Rink in Central Park (Getty/Illustration by Kevin Rebong for The Real Deal)
Central Park ice rinks stay open amid Trump Org contract spat
Central Park ice rinks stay open amid Trump Org contract spat
Deputy Mayor Vicki Been and Mayor Bill de Blasio (Getty/Illustration by Kevin Rebong for The Real Deal)
Where de Blasio went wrong on property tax reform
Where de Blasio went wrong on property tax reform
Mayor Bill de Blasio and Tax Equity Now New York's Martha Stark (Getty, iStock, NYU)
De Blasio to revive property tax reform
De Blasio to revive property tax reform
arrow_forward_ios

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

Loading...