In his colorful response today to a Times story on the four rent-stabilized apartments he rents, Representative Charles Rangel said repeatedly (as captured in video by The Observer’s Azi Paybarah) that the below-market-rate apartments are not a gift (which would need to be reported per campaign finance law).
“If you’re Read More
Rent stabilization is one of the nation’s most successful affordable-housing initiatives since World War II, but it’s increasingly harder to defend thanks to the sorts of performances today by Representative Charles Rangel of Harlem.
As The Times‘ City Room blog notes, Mr. Rangel was recalcitrant, rude and vulgar in his defense of renting four stabilized Read More
The Times’ Sewell Chan has a run-down on Representative Charles Rangel’s public defense today of his four rent-stabilized apartments in Harlem. Mr. Rangel, who entered Congress in 1970, a year after the state introduced rent-stabilization in New York City, seems rather flustered by all the attention:
Toward the end of his news conference, Read More
The New York Sun reported today that Governor Paterson pays $1,250 to live in a rent-stabilized apartment in Central Harlem. This reality, given that the governor has a second home as well as a third (the Governor’s Mansion in Albany), has reawakened the monster question surrounding New York City rents: What if we Read More
New York City lost an estimated 6,022 rent-stabilized apartments in 2006, according to a new report from the city’s Rent Guidelines Board. Still, this represented 18 percent fewer rent-stabilized apartments than were lost in 2005.
The city now has roughly 1,043,000 rent-stabilized apartments, and 43,000 rent-controlled ones. Also, another 308,000 apartments Read More