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80/20
Ask Sam: How long can I live in my 80/20 apartment?
… into rent stabilization and another is LIHTC or low income housing tax credit Both these types of abatements come with expiration dates But in order to raise the rent on affordable apartments to market rate landlords must follow … youre going to be there quite a long time Related Ask Sam How much can the rent increase by in 8020 buildings …
2017 real estate forecast: The Trump effect, concessions-mania, Bronx hype, the battle for the BQX, and more
… of nonstop price hikes the last year finally saw a slowdown code word softening at the top of the luxury sales and rental markets while everyone in more downtoearth price … of police and security barriers I feel bad for the businesses that are located on Fifth Avenue between 60th and …
Ask Sam: Can my 80/20 building shut its subsidized tenants out of the new laundry room?
… building to charge some tenants for access to the laundry room but not others If you suspect your landlord is … of Services complaint with the DHCR See all Ask a Renters Rights Lawyer Sam Himmelstein Esq represents … … viewbublogpanes=ymalinline … Dear Sam I live in a brandnew 8020 building and the landlord is adding in a brand new …
Here's how incomes—and rents—are REALLY calculated in NYC's affordable housing
… for a spot in one of the citys rare affordable 8020 rentals often when you look into a buildings income … West Side studios asking $2024month for residents making between $70732 and $82550 a year Even when the income ranges … of NYCs true spread of incomes let alone the vast differences between city neighborhood income averages From …
Ask Sam: If I start making more money, will I lose my 80/20 apartment?
… your finances even after youve signed the lease an increase income isnt likely to cause you problems here says Sam … annual review submitting information on your current financial situation But even if you report new higher … review you arent likely to be booted from your home Most lowincome tenants in the 8020 program arent at risk of …