SOCIALIST LIBERALS: THE VERY DEFINITION OF HYPOCRISY

DeBlasio refuses to allow rent-control apartments to raise rent but he does on his rentals.

New York City Mayor Bill De Blasio is calling for a rent freeze on the city’s one million rent-controlled apartments, but is still raising the rent on several of his own properties.

The mayor and his family raised the rent of a two-family unit to $2,850 last year, which has increased in $50 and $75 increments from the $2,400 price in 2009. De Blasio also raised rent by $25 for another one of his properties in June 2015, according to documents obtained by Politico.

The de Blasios additionally charged $4,500 in rent for their former home when they moved into the official mayor’s residence, Gracie Mansion, in 2014.

Although he continues to raise the rents of his own properties, de Blasio has advocated for the city’s Rent Guidelines Board to freeze rent rates elsewhere. The board has ruled against increasing rates for rent-controlled units for two years.

But the mayor is allowed to increase rents on his properties because they were not included in the city’s rent-stabilization program. A former City Hall spokesman explained that the mayor raised rates after making improvements to the apartment units.

The Rent Guidelines Board released a report showing that landlord costs have increased 6.2 percent this year while total income increased by 4.4 percent. Landlord costs include maintenance and insurance costs, fuel, labor, and property taxes.

A member of the board said the report justifies the board’s decision to freeze rates again next year.

“If you look at owners’ net operating income and overall gross rent roll, owners continue to do well even with the last two years of one-year rent freezes,” board member Harvey Epstein said.

Back in March, De Blasio touted his work in freezing rates.

Advertisements
This entry was posted in Misc. Bookmark the permalink.

3 Responses to SOCIALIST LIBERALS: THE VERY DEFINITION OF HYPOCRISY

  1. BobF says:

    Serves them right in NY City for electing that vile POS.

  2. Rent control is the biggest, most corrupt scam that ever was. I know numerous people who live cheap in nice apartments in NYC because the lease is still in great-great-grandpa’s name, though he’s been dead for many decades. Other apartments are sublets of sublets of sublets of sublets.
    If they did away with NYC rent control, in a week half the population would be gone, and inside 2 years the typical rent would first spike, then collapse in a dead market, and finally decrease 80%.
    For nicer units, the key money scam is outrageous, as much as 2 years rent as payola to get to the top of the “wait list”.

  3. This is a typical NYC rent story. $55/month rent, same price since 1945. DeBlasio’s $2850 rent for a 2 family place is pretty cheap, even if it’s a rat infested ghetto crack house.

Comments are closed.