Posted by Jordan Tapia | May 29, 2024 |
In the wake of recent tenant protection measures passed by New York state lawmakers, residents across New York City find themselves grappling with the implications of these new regulations. The introduction of the "good cause" measure, aimed at curbing drastic rent hikes and ensuring lease renewa...
Posted by Jordan Tapia | May 24, 2024 |
In the eastern Bronx, a housing controversy brews alongside the city's ambitious rezoning plan, aiming to accommodate 7,500 new homes near upcoming Metro-North stations. The transit initiative, dubbed Penn Access, promises to extend the New Haven line, adding four new stations and connecting Bron...
Posted by Jordan Tapia | May 16, 2024 |
New York State recently enacted a new law that significantly impacts the relationship between landlords and tenants. Under this law, tenants are granted the right to remain in their rented homes even if they fail to pay rent. This provision effectively extends the eviction process, which typicall...
Posted by Jordan Tapia | May 01, 2024 |
The passage of New York State's budget over the weekend marked a significant milestone in the state's legislative agenda yet concerns linger regarding its effectiveness in addressing housing challenges. While several measures were included in the budget, including a form of "Good Cause" eviction ...
Posted by Jordan Tapia | Apr 25, 2024 |
In a significant move for New York City's housing market, state legislators have enacted new regulations aimed at providing tenants with increased stability and protections. The "good cause" policy, embedded within the recent legislative changes, represents a historic shift that mirrors similar i...
Posted by Jordan Tapia | Mar 11, 2024 |
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...
Posted by Jordan Tapia | Feb 26, 2024 |
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...
Posted by Jordan Tapia | Feb 12, 2024 |
According to Gothamist, the high cost of housing in New York City is a well-documented issue. However, a recent listing for a rent-stabilized one-bedroom apartment has brought renewed attention to another challenge faced by renters: exorbitant broker fees. The apartment, with a seemingly attracti...
Posted by Jordan Tapia | Jan 26, 2024 |
As the 2024 legislative session kicks off in New York, the state grapples with the ongoing housing crisis that has plagued its residents according to The New York Times. Despite high hopes for 2023 to bring about significant changes, the year ended without substantial progress. Now, as the housin...
Posted by Jordan Tapia | Jan 12, 2024 |
As of the end of 2023, a significant piece of legislation in New York State has solidified the rights of rent-stabilized tenants and closed the chapter on the notorious "Frankenstein" loophole, allowing landlords to increase rents by combining apartments. While the bill, known as S2980-C, has rec...
Posted by Jordan Tapia | Dec 07, 2023 |
Local Law 18, also known as the Short-Term Rental Law in New York is a specific legislation adopted on January 9, 2022, designed to regulate short-term rentals of residential properties, particularly through online platforms such as Airbnb.
This law was enacted in 2018 as part of the city's eff...
Posted by Jordan Tapia | Nov 03, 2023 |
Two landlords on Manhattan's Upper West Side have filed lawsuits against Airbnb and their tenants for violating new city restrictions on home sharing, exposing themselves to hefty fines. The legal battles stem from the recent implementation of Local Law 18, which took effect on September 5. This ...
Posted by Jordan Tapia | Oct 16, 2023 |
In a significant legal development, the United States Supreme Court has declined to hear a case brought by two landlord groups in New York, the Rent Stabilization Association (RSA) and Community Housing Improvement Program (CHIP). These groups represent thousands of owners of rent-stabilized buil...
Posted by Jordan Tapia | Oct 09, 2023 |
Connecticut, like many other regions, is grappling with a homelessness crisis that continues to grow. Service providers in Fairfield, Litchfield, and New London counties have launched an innovative initiative called "Welcome Home, Neighbor" to address this crisis. This initiative seeks to secure ...
Posted by Jordan Tapia | Sep 20, 2023 |
The slow adoption of fair rent commissions in various towns across Connecticut, as mandated by a 2022 state law, presents a concerning disparity in tenants' access to addressing rent increases. While the law required towns with over 25,000 residents to establish these commissions, the progress ha...
Posted by Jordan Tapia | Jul 21, 2023 |
The utilization of artificial intelligence (AI) has expanded to various domains, including lawmaking, according to The New York Times. Recently, an Assemblyman in New York, Clyde Vanel, sought the assistance of an AI to propose new legislation for the state. The resulting bill aimed to amend the ...
Posted by Jordan Tapia | Jun 01, 2023 |
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...
Posted by Jordan Tapia | May 26, 2023 |
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...
Posted by Jordan Tapia | May 15, 2023 |
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...
Posted by Jordan Tapia | May 10, 2023 |
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 ...
Posted by Jordan Tapia | Apr 05, 2023 |
Estate planning is an essential step in preparing for the future, and it's never too early to start. Estate planning involves determining how your assets will be distributed after your death, and it is a complex process that requires careful consideration and planning. In New York City, estate ...
Posted by Jordan Tapia | Mar 09, 2023 |
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...
Posted by Jordan Tapia | Feb 28, 2023 |
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...
Posted by Jordan Tapia | Feb 22, 2023 |
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...
Posted by Jordan Tapia | Jan 23, 2023 |
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...