Rosenthal: RGB Should Determine Rent Adjustments for
Rent-Controlled Tenants
New York, NY – November 10, 2011 – (RealEstateRama) — On Thursday, November 10, 2011 at 10:00 AM the New York State Tenants & Neighbors Coalition, Assemblymember Linda B. Rosenthal, allied elected officials and rent-controlled tenants from across New York City will hold a rally and press conference at 22 Reade Street, outside the biennial Maximum Base Rent hearing, at which the adjustment to the Maximum Base Rent for the city’s approximately 40,000 rent-controlled households will be determined.
The group will release a white paper entitled “Rents are out of Control,” which highlights the affordability crisis faced by many of New York’s rent-controlled tenants, most of whom are senior citizens on a fixed income.
This action is part of a campaign organized by the New York State Tenants & Neighbors Coalition to urge the state legislature to pass a bill introduced by Assemblymember Rosenthal (A.1892), which would eliminate the Maximum Base Rent System and instead have the Rent Guidelines Board, which determines increases for the City’s one million rent-stabilized households, determine what the rent adjustments should be for those rent-controlled tenants whose landlords are entitled to collect an increase.
What: Rally and Press Conference to Eliminate the Maximum Base Rent System
When: Thursday, November 10, 2011 at 10 AM
Where: 22 Reade Street, Outside the Biennial Maximum Base Rent Hearing
Who: Assemblymember Linda B. Rosenthal, New York State Tenants & Neighbors Coalition, Elected Officials, Rent-Controlled Tenants
Contact Information:
Katie Goldstein, Tenants & Neighbors, 212-608-4320 ext. 400, kgoldstein (at) tandn (dot) org
Maggie Russell-Ciardi, Tenants & Neighbors, 212-608-4320 ext. 302, maggie (at) tandn (dot) org
Nicholas E. Smith, Communications Director, Assemblymember Linda B. Rosenthal, 347-471-5841, nsmith2006 (at) gmail (dot) com