Marvin Markus Resigns as Rent Guidelines Board Chair

Now vacant in the Bloomberg administration: a job that requires being yelled at for hours on end, hosting countless public meetings, making decisions that will leave everyone mad at you. The pay: $125 a day.

Late last year, Marvin Markus sent the city a letter of resignation from his post as chairman Read More

Rent Board Chief Marvin Markus Pleads for ‘Rationality’

Location: The Rent Guidelines Board sets increases for the one million or so stabilized apartments in the city, and you’ve recommended raising rents up to 4.5 percent this year.
Mr. Markus: For a one-year lease. We do one- and two-year leases.

Obviously, the question from tenant groups and tenants is, why are their rents Read More

Bloomberg’s Rent-Regulation Chief, Speaking for Himself, Calls for ‘Wholesale’ Reform

A State Senate forum on rent-regulation policy Thursday morning featured a long list of sharp criticisms of the existing system and calls for radical change, standard fare for events on this topic.
Some samples: The rent-regulation system “needs a wholesale reform;” there is “absolutely no rationale” for high-income decontrol; the city should implement a “rent Read More