The Rent Racket
How landlords sidestep tenant protections in New York City.
ProPublica is exploring New York City’s broken rent stabilization system, the tax breaks that underpin it, the regulators who look the other way and the tenants who suffer as a result.
De Blasio Says ‘Enough is Enough’: Landlords Getting Big Tax Break Must Cap Rent Hikes
The mayor’s statement, publicizing a crackdown on owners of more than 3,000 rental buildings, is his sharpest critique yet of enforcement lapses benefiting scofflaw property owners.
NYC To Put 3,000 Landlords On Notice: Comply With Law or Lose Tax Benefits
Reversing years of lax scrutiny, officials are seeking to enforce rent protections tied to the city’s single biggest housing subsidy.
NYC Lawmakers Push For Audits of Landlords Who Pocket $1.4 Billion Tax Break
Legislation introduced in City Council on Wednesday would require the city’s housing arm to audit 20 percent of buildings receiving the benefit. Violators would have to return the money.
Dozens of New York Officials Support Tenants’ Lawsuit Over Rent Stabilization
Tenants have sued a Lower Manhattan developer, saying their leases should have been rent-stabilized in exchange for the tax breaks their landlord received. State and local officials have now filed a brief supporting the tenants, whose case could affect thousands of rental units.
NYC May Actually Crack Down on Developers Who Cheat Taxpayers and Renters
The head of the city’s housing department has laid out steps to boost oversight of tax breaks for developers and other programs overseen by the agency.
NY Lawmakers Want Stiffer Penalties for Landlords Who Ignore Rent Limits
A bill introduced in response to ProPublica’s reporting would make landlords liable for up to 10 times the amount of overcharges imposed on tenants in rent-stabilized apartments.
NYC Bill Targets Landlords Who Get Tax Breaks, Duck Rent Limits
City Council members propose inventory system and fines for landlords after ProPublica reports that 50,000 apartments aren’t registered for rent regulation as required.
