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News : Displaying 1644-1663 of 2543


Prop. F offers S.F. renters 'hardship' break
by Rachel GordonThe San Francisco Chronicle
June 1st, 2010
Tenants in San Francisco who lose their jobs or whose wages plummet at least 20 percent could be temporarily exempt from rent hikes, under a ballot measure that city voters will consider next week.

Parkmerced in Default: What Now for Owners’ Plan to Bulldoze Over 1,500 Rent-Controlled Homes?
by Dean PrestonBeyond Chron
June 1st, 2010
The owners of San Francisco’s Parkmerced cannot pay their mortgage, yet they want permission from the city to demolish more than 1,500 rent controlled homes. While most of the public discussion about the proposed development project has been about environmental, transit and preservation issues, the planned demolition of so many rent-controlled housing units is reason alone to stop this project.

Renters aren’t roaches
by Adrienne BelzWorld Journalism Institute Times Observer
May 29th, 2010
NEW YORK CITY – The roaches, mold, mushrooms, and leaky, sunken corners of her apartment make up just part of the problem in Ingrid Hernandez’ home on the 400th block of Audubon Avenue in Washington Heights.

Owners Bet on Raising the Rent, and Lost
by Charles V. BagliThe New York Times
May 28th, 2010
The first signs of financial turmoil came at Riverton Houses in Harlem. Then came Stuyvesant Town and Peter Cooper Village on Manhattan’s East Side. Now a third complex built by Metropolitan Life in the 1940s for veterans and middle-class families has run into financial distress after being purchased by speculators during the recent real estate boom.

Another Affordable Housing Default
by Michael MechanicMother Jones
May 27th, 2010
In yet another blow to the nation's affordable-housing stock, Stellar Management, star of our July/August 2009 story "Mortage Default: Landlord Edition," announced that it will go into default on Parkmerced, a 3,000-unit San Francisco housing project that Stellar purchased a few years back with the goal of remodeling and building new market-rate units.

Parkmerced owners say they'll survive loan woes
by Andrew S. RossThe San Francisco Chronicle
May 27th, 2010
The commercial real estate meltdown has caught up with one of the largest apartment complexes in the country - San Francisco's Parkmerced.

Bank-owned properties alter character of East Bay neighborhoods
by Paul ThissenContra Costa Times
May 26th, 2010
In the East Bay, banks own more than 10,000 houses, and more than 20,000 are in the foreclosure process, according to RealtyTrac.com.

Higher Threshold Urged for Rent Destabilization
by CARA BUCKLEYThe New York Times
May 26th, 2010
Gov. David A. Paterson today released a package of proposed changes to New York rent laws today, including a measure that would make it harder for landlords to remove apartments from rent stabilization.

Parkmerced in default
by Andrew S. RossThe San Francisco Chronicle
May 25th, 2010
The commercial real estate meltdown has caught up with one of the largest apartment complexes in the country -- San Francisco's Parkmerced.

Will the Vacancy Control Provisions in Goleta's Rent Control Ordinance for Mobile Home Parks be Upheld in the Latest Court Battle?
by Dawn McIntoshThe Public Blawg
May 25th, 2010
The Ninth Circuit is poised to reconsider its controversial decision that a vacancy control provision in a rent control ordinance for mobile home parks in the City of Goleta caused a taking of private property under the Fifth Amendment.

Vanishing Treasure: The Rent-Regulated Apartment
by CHRISTINE HAUGHNEYThe New York Times
May 24th, 2010
Rent-controlled and rent-stabilized apartments carry mythic significance to New Yorkers starved for space. These are the high-ceiling homes featured in Woody Allen movies, the places secured by celebrities like Carly Simon, Cyndi Lauper and Ed Koch.

Fremont mobile home park residents again face major rent increase or park closure
by Matthew ArtzThe Oakland Tribune
May 24th, 2010
FREMONT — Residents of an over-55 mobile home park once again are being threatened with the park's closure unless the owners are granted a major rent increase.

Rent wars rage on
by Bill BauerSanta Monica Daily Press
May 24th, 2010
Santa Monica's gonzo Action Apartment Association is up to its old tricks. They've filed another lawsuit in Santa Monica Superior Court challenging Santa Monica's 31-year-old rent control laws. And, yes Virginia, it's an election year.

OCEANSIDE: Plan to convert mobile-home park up for debate
by Ray HuardNorth County Times
May 23rd, 2010
Oceanside city planners say a proposal by the owners of Cavalier Mobile Estates to convert their property from a rental park to a resident-owned community is a clear attempt by park owners to circumvent the city's rent control ordinance.

L.A. council blocks rent freeze, triggering protests
by Phil Willon and Joel RubinLos Angeles Times
May 22nd, 2010
Police clear unruly crowd after demonstrators disrupt meeting. Lawmakers' 10-5 vote cleared the way for a 3% increase on July 1.

Report: Public Housing Works, When You Invest In It
by Jamilah KingTruthout
May 22nd, 2010
Earlier this week housing rights advocates from eight different cities met with Reps. Maxine Waters (D-CA) and Nydia Velázquez (D-NY) in Washington, D.C. to voice their opposition to a bill that they say would privatize the nation’s public housing and push what they see as alternatives.

HUD Is Trying to Privatize and Mortgage Off All of America's Public Housing
by George LakoffThe Huffington Post
May 21st, 2010
The Obama Administration's move to the right is about to give conservatives a victory they could not have anticipated, even under Bush. HUD, under Obama, submitted legislation called PETRA to Congress that would result in the privatization of all public housing in America.

StuyTown, Liu meet
by KAJA WHITEHOUSENY Post
May 21st, 2010
Tenants of downtown apartment complex Stuyvesant Town-Peter Cooper Village have reached out to the city's $37.5 billion retirement fund for help in buying the troubled 80-acre apartment complex.

Foreclosure crisis hits home in Somerville
by Alix RoyThe Boston Globe
May 21st, 2010
When Susan Vallery and her 12-year-old daughter moved into a Marshall Street apartment in mid-January, they had no idea that the property was in the process of being foreclosed. An order of notice was served to the owner in December, but the issue was never mentioned to Vallery, who went through a real estate agent to secure the apartment.

East Harlem residents claim 'predator investor' is trying to drive up rent and expel them
by Juan GonzalezNY Daily News
May 21st, 2010
Like many New Yorkers, retired railroad engineer Hilary Saunders lived for decades in a rent-stabilized Mitchell-Lama apartment - a place a working-class guy like him could afford.

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