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Another Rent-Stabilized Haircut: An Essay

Posted by Jordan Tapia | Mar 11, 2024 | 0 Comments

As stated by an article in The Real Deal, the sale of 120 and 125 Riverside Drive by Bentall Green Oak (BGO) at a 64% discount has sent shockwaves through the New York City real estate market. The two rent-stabilized buildings were sold for $110 million, far below the $305 million that BGO paid f...

The Future of Housing in New York City

Posted by Jordan Tapia | Feb 26, 2024 | 0 Comments

The lack of affordable housing in New York City is a well-documented problem. As claimed by The Real Deal magazine, in recent years, the city has lost a significant amount of rent-stabilized housing, and the cost of market-rate apartments has continued to climb. This has made it increasingly diff...

Landlord-tenant laws in New York

Posted by Jordan Tapia | Jun 01, 2023 | 0 Comments

New York is known to be a landlord-friendly state due to higher rental prices, according to Doorloop's blog, but also tenant-friendly due to high rates of rent control clauses. Landlords need to be aware of these laws and analyze them carefully to avoid legal issues when drafting lease agreements...

The Connecticut Supreme Court and the decision in a landlord-tenant case that specifically addressed the implications of the COVID-19 pandemic

Posted by Jordan Tapia | May 26, 2023 | 0 Comments

The Connecticut Supreme Court made an important decision in a landlord-tenant case that specifically addressed the implications of the COVID-19 pandemic. The ruling also resolved the issue of determining who carries the burden of proof when it comes to the duty to mitigate damages, according to J...

Rent-Stabilization Law and The Supreme Court

Posted by Jordan Tapia | May 15, 2023 | 0 Comments

According to National Review, New York landlords have requested the Supreme Court consider their challenge against the state's rent-stabilization law. This request follows a February ruling by the Second Circuit that went against the plaintiffs, including the Community Housing Improvement Program...

Estate Planning: Modern Benefits

Posted by Jordan Tapia | May 10, 2023 | 0 Comments

Estate planning is a process that involves preparing for the management and disposal of your assets and properties upon your death. It is an important process that helps you ensure that your assets are distributed according to your wishes, and that your loved ones are taken care of after you are ...

Discrimination with Housing Vouchers

Posted by Jordan Tapia | Mar 09, 2023 | 0 Comments

It is illegal to deny an apartment to a renter who uses a housing voucher or subsidy to pay the rent. Unfortunately, this kind of discrimination still occurs. According to Stephanie R. Rudolph, an attorney at the Legal Aid Society in an interview for Brick Underground, typically, you need an inc...

Housing benefits app, a big challenge for NY

Posted by Jordan Tapia | Feb 28, 2023 | 0 Comments

According to The City, an independent, nonprofit news outlet, in October, the city's Department of Social Services launched an online platform that was supposed to modernize its ability to process applications for city-funded rent assistance programs, but five months later tenants and many casewo...

Stamford housing program far from fair to tenants

Posted by Jordan Tapia | Feb 22, 2023 | 0 Comments

There is a program in Stamford, Connecticut, where tenants pay below market rate rents for apartments in the city's luxury high-rises and are supposed to be treated exactly the same as tenants who pay market rate, but that's not happening according to CT Examiner. Housing and Community Developme...

NYC’s Rising Evictions

Posted by Jordan Tapia | Jan 23, 2023 | 0 Comments

According to NBC, New York City's eviction rate is rising, triggered by the January 2022 expiration of moratorium, protections, and rent relief programs for tenants brought on by the pandemic. Some programs like ERAP stopped taking applications which means evictions are going to increase. The n...

Record number of evictions in CT

Posted by Jordan Tapia | Jan 09, 2023 | 0 Comments

According to the Connecticut Center for Fair Housing, the state sees a record number of evictions in 2022, reporting over 21,000. Romanow, a staff attorney at the Connecticut Fair Housing Center, said tenant rights groups in the state will push for caps on rent, saying that are needed to give te...

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