{"id":424429,"date":"2022-03-31T03:23:11","date_gmt":"2022-03-31T00:23:11","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/mayor-adams-can-finally-fix-the-rent-hike-process-de-blasio-politicized\/"},"modified":"2022-03-31T03:23:11","modified_gmt":"2022-03-31T00:23:11","slug":"mayor-adams-can-finally-fix-the-rent-hike-process-de-blasio-politicized","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/mayor-adams-can-finally-fix-the-rent-hike-process-de-blasio-politicized\/","title":{"rendered":"#Mayor Adams can finally fix the rent-hike process de Blasio politicized"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a35032fcc893\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a35032fcc893\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/mayor-adams-can-finally-fix-the-rent-hike-process-de-blasio-politicized\/#%E2%80%9CMayor_Adams_can_finally_fix_the_rent-hike_process_de_Blasio_politicized%E2%80%9D\" >&#8220;Mayor Adams can finally fix the rent-hike process de Blasio politicized&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CMayor_Adams_can_finally_fix_the_rent-hike_process_de_Blasio_politicized%E2%80%9D\"><\/span>&#8220;Mayor Adams can finally fix the rent-hike process de Blasio politicized&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>This time every year, rent-stabilized-apartment owners prepare for a rent-guidelines process they call everything from \u201cpolitically motivated\u201d to \u201ca charade.\u201d We hope this time will be different.<\/p>\n<p>As the New York City Rent Guidelines Board begins Thursday its annual exercise of establishing guidelines for rent increases on the leases of 1 million rent-stabilized apartments, its members have the opportunity to hit the reset button under Mayor Eric Adams. Let\u2019s rid the process of the political interference of ex-Mayor Bill de Blasio that impeded the board\u2019s mandate to ensure a healthy, sustainable affordable-housing stock.<\/p>\n<p>Building owners have suffered unprecedented loss in rental income while getting hit with huge across-the-board operating-expense increases \u2014 property-tax assessments, heating costs and insurance premiums,\u00a0to name a few. The board\u2019s own data, which it will release in the weeks ahead, should show this.<\/p>\n<p>Pre-de Blasio, this data actually meant something to the process. Members would analyze the numbers, deliberate free of political interference and conclude with fair and adequate rent increases to help building owners offset operating-cost hikes and maintain affordable housing.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-2.jpg?w=1024\" alt=\"People walk on Manhattan street.\" class=\"wp-image-21724190\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-2.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-2.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-2.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The New York City Rent Guidelines Board will establish directives for increases on rent-stabilized apartments beginning Thursday. <\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>But de Blasio blatantly politicized the process for eight years on the false premise that owners were overcompensated during Michael Bloomberg\u2019s 12 years as mayor. His board ignored legitimate data, and the proof is in the numbers: The RGB delivered eight years of historically low rent-guideline increases averaging 0.75% a year while operating costs for rent-stabilized units rose at an annual average of 3.6% \u2014 nearly five times as much. For the record, during Bloomberg\u2019s tenure, rent hikes averaged\u00a03.3% while operating-cost increases averaged 6%.<\/p>\n<aside class=\"single__inline-module alignright\">\n    <\/aside>\n<p>The good <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a>: De Blasio\u2019s miserable housing-policy failures are a thing of the past. The bad news: The chorus of lawmakers calling for a rent freeze, or rent rollback, is not. The board must wipe the slate clean and reestablish an independent process free of political rhetoric.<\/p>\n<p>The RGB has the opportunity to live up to its statutory mandate \u2014 to enact rent guidelines that not only compensate building owners for higher operating costs but ensure they can provide quality, affordable living conditions for their tenants.<\/p>\n<p>Even before the pandemic, city and state lawmakers \u2014 through their politically driven housing agenda \u2014 added to the accelerated deterioration of rent-stabilized housing, which at 1 million apartments (most in pre-war buildings) is the city\u2019s largest (and oldest) segment of affordable housing.<\/p>\n<p>A nearly two-year eviction moratorium has left thousands of small-property owners <em>billions <\/em>of dollars in debt \u2014 on top of the one-two punch of Albany\u2019s drastic 2019 changes to the state\u2019s rent laws and the RGB\u2019s eight years of inadequate rent increases. Albany\u2019s changes alone effectively choked off\u00a0owners\u2019 financial ability to reinvest in apartment and building improvements and upgrades.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-3.jpg?w=1024\" alt=\"Fire escapes and windows of a multi-storey Third Avenue building in Manhattan.\" class=\"wp-image-21724191\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-3.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-3.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/eric-adams-rent-3.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>An eviction moratorium was set in place at the start of the COVID-19 pandemic.<\/figcaption><figcaption><span class=\"credit\">Getty Images<\/span><\/figcaption><\/figure>\n<p>These policies have done nothing to address the heart of the problem: income insecurity.<\/p>\n<p>The pandemic has highlighted this decades-long problem that lawmakers have only exacerbated. Politicians irresponsibly encouraged tenants not to pay their rent\u00a0for two years while pushing the deliberate under-compensation of rent-stabilized-apartment owners. The issue can no longer be ignored.<\/p>\n<aside class=\"single__inline-module alignleft\">\n    <\/aside>\n<p>Supposedly pro-tenant lawmakers have missed the mark on providing real help to income-insecure renters. They\u2019re content with scoring re-election points by punishing the city\u2019s largest providers of affordable housing when instead they should be supporting sustainable solutions \u2014 like expanding the income threshold for rent-relief eligibility to allow more families to benefit from proven and established programs that pay a certain portion of rent or rent increases for income-insecure tenants. How about also enacting meaningful property-tax reform to alleviate the leading cost burden of building owners?<\/p>\n<p>In the meantime, the RGB under Mayor Adams must return to its origins after eight years of de Blasio\u2019s heavy-handed politicization. It should once again consider its own research data and fulfill its statutory mandate of administering fair rent increases that enable rent-stabilized-apartment owners to meet their obligations of providing safe, quality affordable housing to millions of New Yorkers. This is how we preserve affordable housing and our vibrant neighborhoods.\u00a0\u00a0\u00a0<\/p>\n<p><em>Vito Signorile is vice president of communications of the Rent Stabilization Association, representing 25,000 diverse building owners of 1\u00a0million\u00a0rent-stabilized apartments.<\/em>\n                        <\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/30\/mayor-adams-can-finally-fix-the-rent-hike-process-de-blasio-politicized\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Mayor Adams can finally fix the rent-hike process de Blasio politicized&#8221; This time every year, rent-stabilized-apartment owners prepare for a rent-guidelines process they call everything from \u201cpolitically motivated\u201d to \u201ca charade.\u201d We hope this time will be different. As the New York City Rent Guidelines Board begins Thursday its annual exercise of establishing guidelines for&#8230;<\/p>\n","protected":false},"author":1,"featured_media":424430,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/newspress-collage-21723047-1648683975654.png?w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127317,71559,5042,66147,12156,70469,77097],"class_list":["post-424429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-30-22","tag-apartments","tag-bill-de-blasio","tag-eric-adams","tag-housing","tag-rent","tag-rent-stabilization"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/424429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=424429"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/424429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/424430"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=424429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=424429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=424429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}