Tag: rent adjustment

Dialogue #2: Rent Banking, Exemptions and Rent Adjustment (Recap)

Dialogue #2 was convened to address three issue areas up for discussion at City Council this fall: rent banking, exemption of certain properties from rent stabilization, and the rent adjustment process. Like dialogue #1, city consultant HR&A Advisors presented each issue then passed the microphone to tenants and landlords for comment. Like dialogue #1, this session was less ‘dialogue’ and more call-and-response to have us reflect on a set of defined policy options. Read More Dialogue #2: Rent Banking, Exemptions and Rent Adjustment (Recap)

Heads Landlords Win, Tales Tenants Lose [Update]

City Council baked tenants a full loaf of protections when it unanimously adopted an ‘urgency ordinance’ in January: annual rent increases were limited to 3% and significant relocation fees for an involuntary tenancy termination put the brake on no-cause evictions. Residents who rent have waited for such protections for 30 years! But a month on, it looks like landlords have gobbled half of our loaf! Read More Heads Landlords Win, Tales Tenants Lose [Update]