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The Real Deal New York
Here’s one way to change rent regulation: Hold $16M hostage
January 23, 2019 05:30PM
The Cuomo administration is seeking to ensure rent regulation is reformed, in part, by trying to keep $16 million from the body that enforces...
Cynthia Nixon unveils her housing plan. And landlords won’t like it
May 04, 2018 08:30AM
Gubernatorial hopeful Cynthia Nixon has released her housing plan, which focuses largely on a major overhaul of the state’s rent regulations. The former “Sex...
Appeals court hands landlords major victory in rent-stabilization case
April 26, 2018 12:45PM
In a decision that attorneys say will impact tens of thousands of apartments in the city, a New York Appeals court ruled that apartments...
Kushner Companies subpoenaed over rent-regulated apartment filings
April 20, 2018 09:45AM
Kushner Companies received a federal subpoena to release documents related to its rent-regulated properties in New York City. The subpoena is part of an...
Rent-regulation crackdown is “definitely” impacting multifamily sales: Treetop’s Mermelstein
February 08, 2018 03:00PM
Officials delivered a message to the city’s multifamily owners last year with the convictions of landlords like Steve Croman and Daniel Melamed who had...
Steve Croman agrees to pay record $8M to tenants he harassed
December 20, 2017 08:34PM
UPDATED: Thurs., Dec. 21 @ 12:17 p.m.: Steve Croman, a major multifamily landlord who is serving a jail sentence for mortgage fraud, agreed to pay...
Predatory investors beware: City is watching rent-regulated properties
November 30, 2017 05:30PM
The City Council on Thursday unanimously voted on the “Predatory Equity Bill,” which will create a watch list of rent-regulated buildings where tenants are...
Re-regulated, but not really: Lawsuit against Scharfman Org. alleges J-51 chicanery
October 23, 2017 11:15AM
In January of 2016, Gov. Andrew Cuomo wrote a letter to the landlords of New York City. He told property owners that if they...
Icon Realty Management settles with AG over tenant-harassment probe
September 27, 2017 12:51PM
Will Parker and Mark Maurer
Icon Realty Management reached a settlement with the New York Attorney General’s office, following a months-long probe into alleged tenant harassment at the landlord’s...
Audit finds 160 tenants living in rent-regulated apartments despite making $100K or more
June 06, 2017 11:45AM
A state audit shows that more than 100 tenants living in the city’s affordable units make more than $100,000 a year. As of 2015,...
Cuomo said he’d return 50K apartments to rent regulation — he didn’t come close
December 28, 2016 01:55PM
Cezary Podkul for ProPublica
A push by New York Gov. Andrew Cuomo to return 50,000 apartments to the city’s stock of rent-regulated housing has fallen far short of...
“Who’s our next target? We have to start lining them up!!!” ex-Croman employee allegedly said
May 09, 2016 03:12PM
Landlord Steven Croman pressured his property managers and building supers to secure buyouts of rent-regulated tenants, directed a former cop to spy on them...
State investigation returns 50K units to rent regulation
April 06, 2016 11:13AM
UPDATED: April 6, 12:02 p.m.: Owners of as many as 50,000 units in 4,800 buildings will have to offer rent-regulated leases to tenants following...
Brooklyn pols request probe into “troubling history” of Two Trees’ 125 Court
March 28, 2016 03:20PM
Two Trees Management continues to face scrutiny regarding alleged rent overcharges at a Downtown Brooklyn rental building, with two Brooklyn politicians calling on the state’s...
Rent limits just a fiction for thousands of NYC tenants: records
March 11, 2016 01:55PM
Cezary Podkul and Marcelo Rochabrun for ProPublica
About 28 percent of New York City apartments subject to rent limits can easily get around them. It takes New York housing officials six...
Rent-regulated landlords could get battered with new city assessment
February 04, 2016 08:44AM
Landlords of rent-stabilized apartments will see their property tax payments rise significantly in the coming year, while rental income will stay put.
Albany bill would hike fines for rent overcharges
January 12, 2016 01:35PM
A new bill in Albany would set tougher fines for landlords who overcharge their rent-stabilized tenants. State Senator Brad Hoylman and Assembly member Linda...
Cuomo to order landlords to re-register 50K apartments for rent protection
January 06, 2016 08:30AM
Gov. Andrew Cuomo will order landlords who received J-51 tax benefits to re-register 50,000 units for rent protection, following court rulings that they were...
Rent-controlled tenants to see 9.6% hike over next two years
December 31, 2015 10:33AM
While rent-stabilized apartments will see no rent increases this year, another class of regulated units, those under rent control, will see rates climb as...
52 landlords are still flouting 421a rent rules: officials [MAP]
December 03, 2015 05:15PM
Gov. Andrew Cuomo, Mayor Bill de Blasio and Attorney General Eric Schneiderman released a list of landlords with properties that benefit from 421a tax abatements...
Zillow revenues are up, but losses are widening as it pivots to home-flipping
Exiled Chinese billionaire Guo Wengui sues Soho China for $300M
Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over
In bizarre saga of Bo Dietl’s MeToo investigative platform, Douglas Elliman is apparently not a client
Heinz heiress’ 1 Sutton Place manse in contract
February 2019 issue
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