Preferential Rent in the News #PreferentialScam

 

Many ‘Rent-Stabilized’ NYC Apartments Are Not Really Stabilized. See Where They Are. - Propublica
The units are supposed to be protected from steep rent hikes. But thanks to a loophole, owners can seek big rent increases anyway. Our analysis shows some of the city’s poorest areas are most at risk.

Loophole Jeopardizes Protections of Rent-Stabilized Units - WNYC
Cezary Podkul has been reporting about how landlords circumvent tenant protections as part of the series "The Rent Racket." In an interview with WNYC's Richard Hake, he explained how landlords are taking advantage of the loophole, and what that means for renters throughout the city.

Preferential Rent Treatment Is Hurting New York City's Poorest Neighborhoods - Pacific Standard
The units are supposed to be protected from steep rent hikes. But thanks to a loophole, owners can seek big rent increases anyway.

Many “rent-stabilized” NYC apartments are not really stabilized - Salon
Units are supposed to be protected from rent hikes. Thanks to a loophole, owners can seek big rent increases anyway

Rents for Thousands of New Yorkers Could Skyrocket Thanks To Legal Loophole - Indypendent
If you’ve ridden the New York City subway lately, chances are you’ve seen posters promising relief from the city’s soaring housing costs. Featuring smiling tenants with names like Catalina, Evelio and Estella, the ads hold out the promise of a rent freeze if you live in one of the more than 800,000 apartments in the city subject to limits on annual rent increases.