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19 episodes with good cause eviction
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2 episodes with good cause eviction
2 episodes with good cause eviction
2 episodes with good cause eviction
Today, on the Hudson Mohawk Magazine, First, Moses Nagel reports on a rally held by democratic representatives and members of the immigration community opposing an Albany visit by Trump's border czar. Then, federal workers and Congressman Paul Tonko speak at the Roundtable Discussion with Fired Federal Workers to Highlight the Local Impact of the DOGE Cuts in Albany. Later on, another episode of Disability Trivia with Blaise Bryant and Cara Liebowitz. After that, a representative of the Troy DSA joins us in the studio to discuss Good Cause Eviction. Finally, Shawn Young, co-founder of civil rights group All of Us in Schenectady, discusses women's history month and the ongoing crisis in New York prisons with Eva Bass.
Mark Speedy joined Marrow live in the studio on 3/13 to discuss the Troy DSA's ongoing campaign to bring to Good Cause Eviction to Troy NY.
Cities like Albany and Syracuse have opted into Good Cause Eviction, a tenants' rights and protections law. Why has Buffalo hesitated? On this episode of The Public Good, PUSH Buffalo and Buffalo DSA join us to debunk Good Cause Eviction and demand Buffalo opt-in to this current New York State legislation. Good Cause Eviction was passed in New York State in April 2024 to protect tenants in unregulated rental housing units in New York City, cities in upstate jurisdictions could opt in to this law by choice. The law protects renters from price gouging, rent hikes, retaliatory evictions, and more. The law maintains “good causes” as grounds for legal evictions.To learn more about our work, visit our website at ppgbuffalo.org. Be sure to sign up for our newsletter and follow us on Instagram, Facebook, and Twitter.Share your ideas for improving our community by emailing us at info@ppgbuffalo.org. Whether it's highlighting community organizations you admire, shedding light on deserving initiatives, or providing feedback on our current episode, we welcome your thoughts. Let us know how you envision positive change in our community!
Binghamton City Council set to vote on Good Cause Eviction by WSKG News
Binghamton and Good Cause Eviction by WSKG News
In the second hour of "Connections with Evan Dawson" on Nov. 26, 2024, property owners and landlords share their opposition to Rochester's proposed “Good Cause Eviction” bill.
Independent documentary filmmaker and policy analyst at Reason Foundation, Jen Sidorova, joins us to discuss how rent control impacts tenants, landlords and the housing market. Her latest short film project, “Shabbification: The Story of Rent Control”, reflects how rent control has a direct effect on housing quality. Almost half of rentals in NYC are rent-stabilized. We highlight the challenges faced by small property owners and the potential consequences of these regulations on the housing market. Bathtub in your kitchen, anyone? Yes, you read that correctly. In some cases maintenance has been deferred for so long that units have not been updated to code. Learn about the history of rent control and stabilization laws in New York. Resources mentioned: Show Notes: GetRichEducation.com/515 You can follow Jen on Instagram @jen_sidorova or check out her writing at reason.org For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments. You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review” GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Automatically Transcribed With Otter.ai Keith Weinhold 0:01 Welcome to GRE. I discuss the effect that now lower mortgage rates can have how to get a strong return with private lending. Then, for this week's guest, she is a public policy expert with reason.com maker of a new film called Shabbification that spotlights the perils and even horrors of rent control in New York City, and she's a young Russian immigrant that lives in one unit of a Buffalo fourPlex and rents out the other three today on Get Rich Education. When you want the best real estate and finance info, the modern Internet experience limits your free articles access, and it's replete with paywalls and you've got pop ups and push notifications and cookies disclaimers. Oh, at no other time in history has it been more vital to place nice, clean, free content into your hands that actually adds no hype value to your life. See, this is the golden age of quality newsletters, and I write every word of ours myself. It's got a dash of humor, and it's to the point to get the letter. It couldn't be more simple text, GRE to 66866, and when you start the free newsletter, you'll also get my one hour fast real estate course, completely free. It's called the Don't quit your Daydream letter, and it wires your mind for wealth. Make sure you read it. Text GRE to 66866, text GRE to 66866. Corey Coates 1:40 you're listening to the show that has created more financial freedom than nearly any show in the world. This is Get Rich Education. Keith Weinhold 1:56 Welcome to GRE from Ankara,Turkey to Anchorage, Alaska and across 488 nations worldwide. I'm Keith Weinhold, and you're listening to Get Rich Education. Today's guest was one of four panelists at a conference that I attended recently. The panel was named innovative solutions to the housing crisis, and her story struck me as interesting, so I invited her to be on the show today, we'll learn that with rent control in New York City, when landlords cannot go inside their own properties and aren't allowed to sell their own properties, seven states have price ceilings on rents, and I'll tell you here At GRE we avoid investing in these places. Listen closely, California, New York, New Jersey, Maryland, Maine, Oregon, Minnesota and then DC too. Now sometimes rent control isn't too restrictive. For example, you can raise the rent no more than the rate of inflation plus 3% per year, or the rate of inflation plus 5% per year. And also, it's not all parts of those states where it applies. In fact, you typically do not find the policies statewide in those states that I mentioned, although you do in Oregon, it's statewide in Oregon, and there you can still raise the rent 7% plus the rate of inflation each year. And the good news is that 37 states actually have laws against rent control, specifically saying that you cannot enact it. So not only do 37 states not have it, they just wouldn't even allow a law for it. And there is a strong consensus, like I mentioned here on the show before, among economists that rent control, it reduces the quantity and quality of housing. Today, we'll focus on just how dilapidated rental units become under rent stabilization, which is a lot like rent control in New York City. And we'll discuss New York State and Buffalo. And by the way, I find something amazing. I mean, just say you would ask a question of any citizen of the world, no matter where they live, from Indonesia to Japan, to Bangladesh, to Nigeria to the United States. If you would just ask any citizen of the world, what is the capital of the world? I think that the best answer that you could come up with is New York City. I'm in the United States, and there are people right here in this country that have such little understanding of New York City, and what goes on there, and where it even is, it just amazes me. Maybe it's my own bias, because I'm a geography guy, but now, for example, to get from New York City out to Buffalo, that's an almost seven hour drive to the northwest two different parts of New York State. These are two very different places. We'll get into that shortly. But first in the wider real estate world, I did a little research since first mentioning this to you last week here, where mortgage rates have fallen fully one and a half points from the recent high. All right. Well, with every half point drop in mortgage rates, like I learned from First American, that's my source. With every half point drop in mortgage rates, about 1.1 million additional American households can qualify to buy an entry level home that's defined as the bottom 25% priced here. That's the number, and I checked their math. So with a full point drop in mortgage rates, then 2.2 million more American households can qualify to buy an entry level home. So we could very well have more buyers here soon, but yeah, when all these homeowners are still locked into three and 4% mortgage rates, I don't know that you're gonna have that many more sellers. So with demand exceeding supply, look for more upward pressure on home prices, especially higher values for those entry level homes that make the best rentals. Now, I'm talking about borrowing right there. And what happens when rates go down for mortgages, when they go down for borrowing? Well, rates on savings accounts, they typically fall as well. And this is a scenario that a lot of people expect. Now, most of my real estate activity is a borrower. I'm always here touting the virtues of how leverage builds wealth, and I know that I don't want to be a saver. So for my more liquid funds, I am a lender, and I'm reliably paid a stable 8% interest rate. And I think I've told you before that for years now, I make loans to real estate companies, and they use my funds to rehab properties and for other operations. Yes, an 8% return that I'm getting, and it's almost like getting an 8% yield on a savings account, and it's not expected to fall when interest rates fall. Well, the primary difference is that I often have to wait a few months if I want my full principal return, but not years. So it's not as rigid as a bank CD, but it's not as liquid as an old fashioned bank savings account. So the private real estate company that I've long made loans to works pretty diligently to maintain asset value and assure optimal returns. They'll tell you that they've never missed making a payment for their private money lending programs. And I did a little research, and I found that their fund utilization is 99.6% that really means that they deploy almost all of the capital if you want, you can potentially get a high yield at the same place I do. Sometimes you can get more than 8% or less than an 8% return, depending on what liquidity terms you want and what other terms you like. The company is Freedom Family Investments. They are real estate centric. If you want, go right ahead and learn more. You can do that by texting FAMILY to 66866. Remember, you're the lender, they're the borrower. And again, for most investment types, I want to be the borrower, but for liquid funds, and the fact that the rate of inflation is now down, an 8% return has a higher real yield now than it did two years ago and one year ago. And again, I'm happy to share it with you. It's Freedom Family Investments. If you want to learn more, do it now while it's on your mind and text FAMILY to 66866. This week, our guest is a public policy expert that's also involved with a film called Shabbification, the story of rent control. Hey, welcome to GRE Jen Sidorova. Jen Sidorova 9:16 Good to be here. Thank you for having me. Keith Weinhold 9:18 Yeah and congrats. Shabbification screening in a lot of places, like the Anthem Film Festival at Freedom Fest last month and this month in New York City, tell us about the film. Jen Sidorova 9:31 Yeah, so in Shabbification, I follow small property owners like myself who are subject to regulation, and most of them are owners of rent stabilized properties in the city of New York. Right, I follow three specific landlords. I They take me to their homes, they take me to their properties, and they show me around, and you can visually see what regulation has done to their property. Yeah, one of these properties was occupied by a tenant. From 1969 up until 2021 wow. And the landlord was never allowed to be in the property, so obviously no repairs were made. And you could see visually that the apartment was like from the 60s. It's like a museum, but not in a good way, because it's really falling apart, right? So it's like, almost like a Tenement Museum, or, you know, another museum New York City, where we they actually preserve those dates. But in this case, a private landlord actually owns that space, and they're having a difficult time. And so what my specific Shabbification With my film is about is a very specific regulation in New York City that happened in 2019 that applied to rent stabilized properties. What it did that is that it won't allow landlords to put them properties on the market even if they rent stabilized tenant vacates them. They're no longer allowed to put their properties on the market at all. And more than that, they are also not allowed to raise rent, even if they do repairs. So sometimes the cost of repairs in New York City for one bedroom unit can be 200,000 and they're only allowed to raise the rent by like roughly $90 a month, and only for 15 years. So it will take them, like, 200 years to recoup their investment. And obviously that doesn't make any sense, so stories like that is what my short film is about. I myself am a small property owner, so it was very special for me to go and kind of tell the story of people like me. Keith Weinhold 11:36 That's amazing. So rent stabilization something that New York City has a history of. I sort of think of that as a genteel term or rent control. And a lot of times when your rent can't be raised above a certain amount, you get these long term tenants, in some cases, for decades, and in this case, over 50 years, with this particular tenant in New York City and landlords don't have much of any incentive to improve property when rent control is in place, because they know they cannot get a commensurate bump in rent. Speaker 1 12:11 rent control and rent stabilization are a form of government enforced limit on the rents. And in New York we have two laws that govern that we have more but the most prominent ones are the rent control law of 1969 and the Rent Stabilization Act of 1974 so back in the day, there were issues with availability of affordable housing, and the government was trying to fix it, and that fix was supposed to be temporary. It was supposed to eventually run out once the tenants who were currently in place at the time in late 60s and 70s, once they move out, landlords were able to put those properties back on the market. And eventually, that's kind of what was going on up until 2019 when housing stability and Tenant Protection Act made it so that the landlords could no longer put their rent stabilized properties on the market anymore. So essentially, all rent stabilization became permanent in the state of New York, and actually, in the just a couple of weeks after my film, in April of 2024 we had another law. It's called Good Cause Eviction, and that one regulates every landlord or enterprise who owns more than 11 units. So once you own 11 units or more, you're subject to regulation. You can no longer evict your tenant without a good cause. And there's a bunch of other rules that apply, including the limit on how much rent you can raise year to year. So yeah, that's certainly what's going on. That's roughly the landscape all regulation in New York. Keith Weinhold 13:44 Yeah, some of this is really punitive, because if rent control comes into a market, that's one thing sometimes that landlords want to do. They want to sell their property, and in some cases, there's a roadblock against that. You know, Jen, I looked up the definition of Shabbification. I just simply googled the term. Urban Dictionary had one of the first hits, and fortunately, it was a G rated definition there in urban dictionary, it was defined as the opposite of gentrification. So therefore with Shabbification, it's where a neighborhood goes through deterioration and despair. So tell us about some more of those bad cases of deterioration, in despair, in Shabbification. Just how bad does it get? Speaker 1 14:30 Well, one of the properties that we went to was basically from 1910 it was in Chinatown, and we saw was that the bathtub was in the kitchen in that property, oh my gosh. And I believe that was a way for them to do renovations fast and cheap, like 100 years ago. And because that property falls under rent stabilization, and there's obviously limits on how much rent you can charge. So. Landlords of those properties never really make renovations. Sometimes you could see cases like the director of photography, who was in the film, he lives in a rent sabilized property, and in his case, he has a shower unit in his kitchen as well. Instead of a tub, he has a shower unit. And it kind of is, as he described as one of those telephone booths, like, you know, red telephone booths from London, and then kind of just sits in the kitchen, and you obviously cannot really have company or friends visiting or dinner or anything if you have something like that. But those are the setups that we frequently see. Also a lot of things like uneven floors or just, you know, the property, if it's not being taken care of, there might be, like, a hole in the wall, a hole in the ceiling, or the ceiling is falling out. And those are really graphic images. And we do, we do capture them on camera a lot in Shabbification, and that comes from, kind of, my attraction to urban decay. I do enjoy, you know, touring older buildings, or maybe buildings that are preserved as a ruin, maybe like an old prison and or like an old mental asylum. I do do that a lot. It's just a hobby when I travel. So I was always attracted to that esthetic, and that does show in my film as well. I think I love studying the tragedy because I love studying how the hope died, because it's fascinating to me. It's very specific to usually a town or a city, and then just is so telling, and it's such a teaching moment for us as a society to kind of revisit those stories and figure out why did that hope die. And you can see a lot of that in the film. Keith Weinhold 16:41 it's a great way to scratch one's itch for I suppose, seeing real life haunted houses, if you will, in Jen's film Shabbification here. Well, Jen, we've been talking about the conditions of the tenants. Why don't we talk more about how the landlord is portrayed in Shabbification. Speaker 1 17:00 since this is the story, primary of the landlords, not so much on the tenant. You know, normally in this sort of films and these sort of documentaries, the story falls in tenant, because the tenant is the one who is seen as likable and sympathetic person, and that's how, and that's usually a more preferable framing angle. But in my story, my story is a story of a merchant class, or like a more, like a war on the merchant class, the war on landlords. Because in the state of New York, no matter how small or large of a landlord you are, whether you own one unit or 1000 by a lot of people in New York State Legislature as a landlord, you're seen as evil. They think you've done something wrong and you have to be punished. So that's the attitude to a lot of landlords, and although they're not that many small property owners, and sometimes we're not seen as a sympathetic I think this is the story that we need to tell, because some of them are like me. I am an immigrant to this country. Once I got an opportunity, I got my first rental property in Buffalo, New York, and right away, I've been renting out three units and lived in one, and I still do own it. Five years later, I live alongside with my tenants. When I go on vacations, they feed my cat, and when they go travel for work, I do take care of their properties. I water their plants, do things like that. So we do live as a small community, and this is something that a lot of people do in Buffalo, because it's a working class city. It's very hard to be able to afford a single family home. Right away, what you can do is acquire one of these properties, either a two unit, three or four unit, because when you're four units less, then you can do an FHA loan, which I did, and you can put minimum amount down, which I did, and then day one, right away, the income from the tenants was paying off my mortgage, right? That's kind of how I can build generational wealth. But not only that, that's how I can start my journey of home ownership and hopefully building generational wealth in the future, as I've said. And I also have my own passion for buildings, and we did a lot of renovations with my family on that property. So there's a lot of heart and soul in that space. And laws like rent control and Good Cause Eviction, they put a cap on people like me and how much we can grow. Because, as I've mentioned, the Good Cause Eviction in New York, it puts a cap on how far and how big people like me can grow. Because once you have 11 units, that's my cap. Once I have 11 units, I have subject to regulation, and somebody like me cannot afford having a tenant who would just never move out. So yeah, I think these laws, they intended to protect the needy. They intended to protect the families, but they do just the opposite. They. Just limit how much we can grow, and they also just make an environment within our properties very toxic, because tenants now basically have more rights than we do. Keith Weinhold 20:09 Yeah, well, you're really humanizing the plight of the landlord here, Jen with your four Plex over there. For those that aren't familiar with the geography in western New York in Buffalo, sort of the opposite end of the state where New York City is. And, yeah, I mean, landlords are usually portrayed in media is these people that are sort of greedy and bumbling and they won't fix the broken air conditioner. And, you know, it's, it's unusual to me, Jen, that a lot of people tend to resent landlords, whom are often small business owners, but yet they champion other small business owners. And talk about how, you know, small business ownership is the very heart of America. I'm trying to figure out why that is, you know, maybe some tenants that just don't really understand how things work. Just think, well, why should I have to pay this landlord. All I'm doing is sort of renting air or renting space. But you know, one group of tenants that does not seem to resent landlords, Jen, in my experience, that is people that were previously homeowners and are now tenants. They don't seem to resent landlords, and that's probably because that tenant that has experience being a homeowner. They've seen bills for property tax and property insurance and mortgage principal and mortgage interest and maintenance and repairs. I think that's what makes the difference. Jen Sidorova 21:33 Yeah, definitely. It's almost like, you know, when I lived with my parents, I didn't pay attention to the bills, like election bills or water bills or anything. But once you start living on your own, you now see how it gets deducted from your account, and then it changes you, adds you towards consumption, changes right? You now turn off the light when you leave and do just small things like that. And that's a similar psychology that works with people who previously owned their own homes. I think what the dynamic that's happening here with tenants is there's always going to be more tenants than landlords, so tenants have a lot more political power, and we see a lot of that in New York. We have a lot of tenant groups, tenant unions, who are very hold a little, a lot of political power. And it's one side of it, another side of it is that a lot of these policies do benefit large landlords, in a sense that once the small property owner is no longer able to keep up the property and they just foreclose on it, a larger landlord can always pick it up. And for large landlords, these costs of litigating with the tenant, or the cost of fixing a unit, or even the cost of having somebody live without paying for a few months, these are just the costs of running business, whereas for somebody like me, it's a significant chunk of my income, right? So at the moment, I think it's like 25% of my income is coming from the rentals, so it's significant. So I guess what I'm trying to say is, on the other side of political power, I just legislators who do not want to see private rentals. You know, small property owners having rentals and Damn, motivations are something else. It's almost like, if there's one conspiracy theory that I believe in, is that one you know, is that there is a war on the merchant class among some legislators, especially in the state of New York, who really just do not want to see small property owners providing housing to the community, and they would rather see it in in the hands of larger developers, and that's just the nature of how political process works, sometimes. Keith Weinhold 23:45 in the broad business world, large institutional corporations, they're often pro regulation for just the reason you talked about it helps put smaller operators out of business that can't bear the expense of dealing with the regulation. But yeah, your film Shabbification, it helps underscore the fact that rent control, it stifles the free market in the process of price discovery. I mean really that price discoveries, that is the process of supply versus demand, with the referee being the price and finding that right rent amount, and amidst this low housing supply we have, it's just really bad timing for any jurisdiction to enact rent control. Existing landlords stop improving property. Builders stop building new property, and it can make landlords want to sell, like we touched on earlier. But also I'd like to talk about making the other case, the case for rent control. When we come back, we're talking with public policy expert Jan siderova, the maker of a film called shabbatation, where we come back. I'm your host. Keith Weinhold, hey, you can get your mortgage loans at the same place where I get mine at. Ridge lending group NMLS, 42056, they provided our listeners with more loans than any provider in the entire nation because they specialize in income properties, they help you build a long term plan for growing your real estate empire with leverage. You can start your pre qualification and chat with President changley Ridge personally. Start now, while it's on your mind at Ridge lendinggroup.com that's Ridge lendinggroup.com. Your bank is getting rich off of you. The national average bank account pays less than 1% on your savings if your money isn't making 4% you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work. With minimum risk, your cash generates up to an 8% return with compound interest, year in and year out. Instead of earning less than 1% sitting in your bank account, the minimum investment is just 25k you keep getting paid until you decide you want your money back. Their decade plus track record proves they've always paid their investors 100% in full and on time. And I would know, because I'm an investor too, earn 8% hundreds of others are text family, 266, 866, learn more about freedom. Family investments, liquidity fund on your journey to financial freedom through passive income. Text, family 266, 866, Caeli Ridge 26:32 This is Ridge Lending Group's president, Caeli Ridge. Listen to get rich education with Keith Weinhold, and remember, don't quit your Daydream. Keith Weinhold 26:52 Welcome back to Get Rich Education. We're talking with a really interesting guest, Jen Sidorova. She's the maker of a new film called Shabbification. This centers on rent control and dilapidated housing conditions. And Jen, you know, I've talked about here on both this episode and another episode a few weeks ago about the deleterious downstream consequences of rent control. It benefits a small group of people in the short term and ends up with deteriorated neighborhoods in a lot of municipalities, but I like to look at things from the other side. What is the case for rent control? Jen Sidorova 27:27 So I think the the original story behind the rent control in New York City was that in the 70s, it was just really dire situation, kind of what we're going through right now. Right now in New York we have the housing crisis that's the worst in the last 50 years, so basically right around the 70s again. So the current vacancy rate is like 2% and at the same time, we have between 20 to 60,000 rent stabilized rent control units that are vacant because landlords just do not want to put them in more on the market, because talking just in New York City here, yeah, just New York City. And New York City has roughly 1 million of rent stabilized or rent control properties altogether. But yeah, so what is the case for rent control, right? So in my opinion, what is the most problematic saying about rent control or rent stabilization right now, the way the current laws are in New York City is that the property itself is being stabilized or controlled. It's not the person. It doesn't matter how much money you're making. If you're making half a million dollars, you can still live in an apartment that's like 500 $600 a month, right? Keith Weinhold 28:38 You can have your second lavish vacation home out in the Hamptons, and it doesn't matter. Jen Sidorova 28:42 Yeah, you can live in Texas for like, nine months out of a year, and come back to New York City for the summer, and then people do that. That's like, not, I'm not making it up. It's a real thing. People are basically hoarding these rent stabilized rent control units, and they just never let them go. And that definitely pushes out young people out of the city. It pushes immigrants out of the city, because people, yeah, all the newcomers. So that's what's going on. So instead of having a property itself being controlled, what could be done? Maybe like a voucher program, maybe like a housing voucher program, but we can only do this if we let the rent control and rent stabilization laws sunset. So once the current tenants move out, that has to be put back on the market, right? So what we could do is the housing voucher program maybe, so that we will always have people in the society that need a little bit of help, but it shouldn't be in such a way that they it's the landlord who is paying for it, right? So if there's a housing voucher, they can live wherever and however that program works in the sense that whoever picks up the rest of the bill, as long as it's not a landlord directly. Yeah, so that's how I see it. And I think just other things that can be done is better zoning regulation that allow more buildings to be built a lot of New York City. Is like a museum, right? We have a lot of historic buildings, a lot of preservation of all the buildings, but we have to reevaluate that, because we don't necessarily have to have the East Village look like a museum if we don't have enough housing, right? So we have to reassess of how much of those policies we still want to hold on to, and then maybe also building codes. Sometimes it's really hard to expand or have more units within the same building. If I have a four unit property and I want to convert it into five units, I am subject to whole different regulation and a whole different bunch of coding, whereas my square footage remains the same. So I think we have to revisit that, because a lot of these new materials that we work with when building are safe right now. So maybe we could let people do more with their properties, and that way we provide more house. Keith Weinhold 30:50 Yeah. Well, some of this comes down to, how do you get politicians to say no to rent control, which I believe is part of the motivation of your film? Jen Sidorova 31:01 Right, So the motivation behind myself was that I bought my property in 2019 I went under contract in 2019 and I fully acquired the rights in March of 2020 and between the August of 2019 and 2020 we had a new law passed that was housing stability and Tenant Protection Act 2019 in New York State, and that kind of put a cap on how much I can raise the rent if the tenant remains the same. And at the time when I found that out, I was like, well, that's kind of quirky, but whatever, what can I do? But then a year from that, like in 2021 we had a new mayoral candidate who was a socialist, openly socialist person, and they were advocating for rent control. And at the time, I had an opportunity to go to do a film workshop, and I was thinking, so what is that I really wanted to write film about? And I was this, definitely rent control, because it's relevant for me. It's the story of my people among small property owners, and that's how I did it. And I really want policy action. The idea behind this film, the goal is policy change, right? But this short film is only the beginning of my project, which is exploration of the topic prevent control in the state of New York and everywhere else in the country, and we keep interviewing more people, more experts, and to convert into a larger film, and then hopefully, like a full feature documentary, in order to educate both policymakers and the public about what rent control can do. And eventually, we do hope for policy change in New York, and hopefully, with this film, no more new rent control can happen, or at least when politicians start those bills, they take a look and talk to me and make some changes. Keith Weinhold 32:52 Well, you're really doing some good work there. I appreciate that. I mean, rent control is analogous to price controls, and we see what happens when there's price controls per se foods like you've seen in other nations in previous decades, and that's how you end up with bread lines, because producers don't want to produce bread when they would have to take a loss and they can't profit on selling that bread. You see a shortage of housing come up just the same, like you do with bread. Well, tell us some more about Buffalo and its market. You had touched on it previously. I think they have lots of older two to four unit buildings there. It sounds like you found one of the four plexes where you could do the owner occupied thing. FHA, three and a half percent down 12 month owner occupancy period. Minimum credit score only needs to be 580 at last check, which is the same way I began with the four Plex building. But yeah, let's learn more about the buffalo housing market. Just a little bit there with rental properties and then the rising tide against Airbnb, like you touched on last month when we met in person. Jen Sidorova 33:56 Right, so a lot of those properties, a lot of those older homes, were built around the late 1800s beginning or 1900 and that's how they used to build back in the day. Because what would happen is that a large Victorian home with two primarily stories, with two large floors and then maybe an attic and a basement, but one family would live on one floor and another on the second floor. So they were originally built for two homes, but at that time, both families would own that space, right? So there would be co owned by two families. Mine was also an originally a two family home that was converted into a four unit because the previous owners made an addition a lot of young families, that's how they start when they cannot afford a single family home. That's how they start with home ownership and the money that they make for with the rentals. That's how they pay mortgage partially, or maybe that's how they pay the taxes, depending on where you live in the city, sometimes tax burden can alone be very high. So as I've mentioned, we had some mayoral candidates talking about rent control, but recently we started having Airbnbs being regulated in Buffalo. And so there's a few districts in the city where Airbnb is regulated, and my district does not fall into that, and I actually am on four of my units. One is occupied by me. Two are long term tenants, and one which is the newest and the nicest one. I decided to make Airbnb interesting because I did not want to risk, you know, giving it to a long term tenant, because it's just such a nice unit. It's a lot of investment that went in there, so I didn't want it to be provided by somebody who would never leave, because the, you know, environment is just so toxic. You just don't want to take chances, unless you like, really believe in the time. But I don't know people are out here. So I decided to keep it Airbnb. And so because some of the other parts of the city are regulated, and mine is not. I am the beneficiary of that regulation because I get a lot, all of those clients, right, all those Airbnb client so in that sense, funny enough, I am benefiting from some parts of the city being regulated because my my part is not. So all the clients go to me. I do have an Airbnb right now, but we're definitely at the risk of all of the city being regulated. And I think a lot of people complain, right? People who lived in the city for a long time, allegedly, they started complaining to the city council about not recognizing their neighborhood because of Airbnb. But I think what legislators need to understand is that my generation, millennials and Gen Z. That's how we live our lives. We share our assets, right? It's like a big millennial and Gen Z thing that the Airbnb itself is a millennial thing, that this is just will be recognized, that assets like cars and houses, they can be shared, you don't have to have that many of them, even from the unit in the unit that I live in. When I I went out on a trip to Long Island last week, and I airbnbied my own unit. And so that's just how it is. That's just a little lifestyle. And when I see new people who stay in Airbnb on my street, it doesn't bother me. I kind of enjoy a little bit of a variety. But, you know, sometimes it's almost like a culture clash or a generational shift when it comes to thinking about properties and housing ownership. Yeah, that's just my experience. Keith Weinhold 37:33 Younger generations embrace the sharing economy, and that is quite the mixed use building that you have there with your four Plex in Buffalo, you've got one unit that's a primary residence, a second unit that's a short term rental, and then two long term rental units. There's some diversification of income and utility, for sure. Well, Jen, tell us more about how our audience can connect with you, and especially how they can watch Shabbification. Jen Sidorova 38:00 So Shabbification, right now is in the film festival circuit, so it's not available to watch yet. Although, if anyone reaches out directly to me through Instagram, my handle is @Jen_Sidorova, which is my first underscore, my last name, anyone can just reach out directly to me and I will send them a screener, and they can watch the full film. And also on my Instagram page, I do put a lot of like other content about buildings, and a lot of like videos so and some, you know, B roll footage that we haven't used in the film, but you can watch it in my Instagram. So yeah, definitely check it out. I also do write for Reason Foundation, and you can find it on my profile, my policy writing work. You can find it at reason.com and it's just under my name, pretty much Instagram and reason website. Keith Weinhold 38:51 Jen, thanks so much for your Shabbification project. I really think it's going to help people see an important part of American society in a different light. It's been great having you here on the show. Jen Sidorova 39:02 Thank you so much. Keith Weinhold 39:09 I talked to Jen some more outside of our interview. Her buffalo four Plex has a high flying 1.04% rent to price ratio. I crunched it out that is super strong for a four unit building, but it is older, and like she said in the interview, she did make some substantial renovation to it, yeah, rent control is a bad plan. You know, on an episode a few weeks ago, I mentioned to you about last month's White House proposal for a sort of rent control light, that was such a bad plan. I told you that it only applies to property owners of 50 plus units, and rent increases were capped at 5% a year. Well, I dug into that release from the White House briefing room, and it's almost like they know it won't work, because. Oh my gosh, this is almost humorous. Economists and any long term thinkers will tell you that rent control doesn't work because you won't get any new builds. Well, the White House release Wood said it won't apply to new builds. It's almost like someone told them, like, hey, this won't work for that reason. So then they wrote that sentence in there, which just undermines so much of it. And economists will also tell you that what doesn't work because owners don't want to improve property well, yet, the White House release actually said it would not apply to substantially renovated property. I mean, my gosh, with these carve outs and all the other caveats that are in it that I described a few weeks ago, this White House rent control planet has no shot of going anywhere. It is lip service virtue signaling, and also would not get past a divided Congress. Really bad plan. In fact, how doomed to failure is wide scale rent control. Well, don't worry, the federal government hasn't regulated rent on private buildings since World War Two. Yeah, it's been 80 years, and it took World War Two scale conditions to bring it. Thanks again to today's guest, Jen Sidorova, with reason.com. Again, like I mentioned earlier, if you want to deploy some of your more liquid funds for a potential 8% return at the same place where I've been getting an 8% return for years, you can make a loan to a long standing real estate company for their property rehabs and other operations. This might really help you out. You can learn more by texting FAMILY to 66866, lots of great shows coming up here at GRE to actionably build your Real Estate Wealth until next week, I'm your host. Keith Weinhold, don't quit your daydream. Unknown Speaker 41:53 Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively. Keith Weinhold 42:21 The preceding program was brought to you by your home for wealth building, GetRichEducation.com
On Saturday, August 3, a group of tenants of Danker Village gathered to show solidarity and formally deliver a letter to the company that manages the apartments opposing a 32% rent increase and maintenance issues in their homes. United Tenants and several Albany Common Council members were in attendance to support the group and call attentions to the protections provided by the new Good Cause Eviction rules as well as the need for rent control in the city.
On Saturday August 3 at 1PM, tenants are holding a protest outside of the leasing office at Danker Village (129 Lincoln Ave, Albany, NY 12206) to call attention to the the ongoing intimidation, deceit, and neglect by Cass Hill Development. This is a community of low-income families, students, and immigrants who are receiving $200-$600 rent increases all while dealing with ongoing code violations. Management has ignored the demands proposed by Danker Village Tenant Union, who are fighting for a collectively bargained lease and rent increases aligned with Good Cause Eviction. Mahmood Chaudry talks to Mark Dunlea for Hudson Mohawk Magazine.
Being A NYC Multifamily Building Owner, Or Member Of A Condo Or Coop Board Has Become A Much More Complicated Job! They Need To Manage Rising Expenses, Rent Limitations, Government Imposed Regulations, And Capital Projects...Board Members, And Even Some Building Owners, Likely Have Full-Time Jobs And Need Help Doing These Things Well!Meet Tina Larsson, Co-Founder Of The Folson Group!The various issues facing Board Members (and even some building owners) who may be volunteers with limited expertise in the role of building management, led us to seek out an expert in the field. Do You Ever Wonder wanted to speak with someone who works with the various constituencies (owners, residents, Board members) in multifamily buildings to help facilitate solutions, streamline processes, manage complex projects, and achieve cost savings in all of the various aspects of a building's operations.Enter Tina Larsson, co-founder with Mark Foley, of The Folson Group (https://www.thefolsongroup.com/). In essence, their expertise in multifamily building cost reduction, project management, and value enhancement has made them a go-to resource for many co-op and condo boards, along with building owners, in NYC.Why engage with an outside consultant? Let's count the ways...Beyond the spike in building expenses, limitations on the recouping of renovation costs and restrictions on increasing revenue due to legislation such as the 2019 Housing Stability and Tenant Protection Act, buildings have to face unexpected and often extremely large expenditures brought on by regulations imposed by NYC such as Local Law 97 that mandates carbon neutrality by 2050.Issues Facing Multifamily BuildingsExpenses: On the expense side, the cost of every building input like utilities, insurance, and taxes has risen dramatically. So too have the number of capital projects, maintenance costs, and payroll expenses.Add to the mix all of the NYS and NYC regulations that will bring higher costs to the building owner and residents. A perfect example is Local Law 97 (LL97) which requires buildings larger than 25,000 square feet to be carbon-neutral by 2050, but that imposes immediate requirements. Income: Limitations on rent increases in NYC are well-known, and now President Biden has proposed legislation which would 'require large and midsize landlords to cap annual rent increases to no more than 5%. In addition, the recently implemented Good Cause Eviction will hinder a landlord from removing a tenant or deny a lease renewal without a court order.The Folson GroupOnce again The Folson Group's expertise in cost reduction and value enhancement has made them a go-to resource for many co-op and condo boards in the New York City area.If you are a multifamily building owner, landlord, or condo/coop Board member facing issues with out-of-control expenses or capital projects that are too large to handle, The Folson Group could be a good contact.The firm is also a NYC Accelerator Service Provider and ConEd Participating Contractor.You can reach Tina Larsson in the following ways...Email: tina@thefolsongroup.comPhone: (917) 648 - 8151 ___________________________________________________Do you have a great story to tell?Are you interested in appearing as a guest on the Do You Ever Wonder podcast? Let Mike Haltman know at mhaltman@hallmarkabstractllc.com.
Ken Landau talks with tenant and small landlord attorney Linda Rzesniowiecki, who explains the new "Good Cause Eviction Law" and how it applies to landlords and tenants in certain rental apartments.
In this week's episode, Vince discusses New York's newly enacted Good Cause Eviction laws, which represent a significant shift in tenant protections, aiming to curb unjust evictions and promote housing stability. Also, he reviews the newly released property management tool, the SUPER app. Featuring guests Senad Ahmetovic of Brown Harris Stevens, Lindsay Liu of SUPER, and Dylan Pichulik of XL Property Management. Filmed at Brown Harris Stevens' Studio 1873, Part of the Mastery of Real Estate (MORE) Network. Subscribe: https://podcasts.apple.com/us/podcast/talking-new-york-real-estate-with-vince-rocco/id1645541166 Watch: https://www.youtube.com/playlist?list=PL7_x00Dbn3OSlGbpYVDMcT_DI0gFW06hq Connect with Vince Rocco: https://www.bhsusa.com/real-estate-agent/vince-rocco Brown Harris Stevens is one of the largest privately owned real estate brokerages in the country, with more than 40 offices across four states: New York, New Jersey, Connecticut, and Florida. https://bhsusa.com/ #Realestate #vincerocco #newyorkcity #TNYRE #nyc
In 2021, Albany was the first city in New York State to pass the tenant protections known as ‘good cause eviction'. In 2024, the New York state legislature passed statewide good cause eviction. However, the new law requires municipalities to opt in. On June 3, the Albany Common Council took up Local Law E, which would repeal the old ordinance and replace it with one that works with the new sate-wide bill. In this excerpt from the meeting, we will hear Alfredo Balarin, the sponsor of the local law followed by other council members and city residents who spoke at the meeting.
Today, on the Hudson Mohawk Magazine: First, Mark Dunlea speaks with Katie Baildon of NOFA-NY about the Good Food NY Bill which has passed the NY Senate and is now headed to the NY Assembly. Then, Roaming Labor Correspondent Willie Terry attended (virtually) the People's Conference for Palestine held in Detroit, Michigan and provides audio highlights from the keynote speaker, Yara Shoufani of the Palestine Youth Movement. Later on, We have highlights from the Albany Common Council and their adoption of the Good Cause Eviction law after they were the first city in the state to implement such a tenant protection. After that, Elizabeth (EP) Press interviewed Annee Borthwick, V. Zubkovs from the Department of Planning & Community Development, and arborist Andrew Lynn, regarding Annee's efforts to save a healthy tree from being cut down by the city of Troy. Finally, Jordan Taylor Hill talks about his West African Drumming and Dancing, which he will be performing at this weekend's Freedom Fest on June 8.
Back in 2021, Albany was the first city to pass a local Good Cause Eviction law. After the courts said such changes needed state authorization, state lawmakers earlier this year approved a stripped-down version of the law. On June 3, Albany became the first city to opt into the new law. Canyon Ryan of United Tenants of Albany discusses the issue with Mark Dunlea for Hudson Mohawk Magazine.
New York has passed legislation limiting landlords' ability to evict tenants or raise rents with its Good Cause Eviction law in NYC. The new rules face legal challenges from property owners who argue it unlawfully infringes on their rights. Meanwhile, a federal appeals court upheld the "ministerial exception," finding that religious schools can discriminate in employment for non-minister teachers based on sexual orientation or gender identity. The dual rulings address hot-button issues around tenants' rights, property ownership, and the intersection of religious freedom and anti-discrimination laws.
New York State Senator Julia Salazar, a Brooklyn Democrat and lead sponsor of 'Good Cause Eviction' legislation, joined the show to discuss the 'good cause' compromise passed in the new state budget, how the deal got done and how it fits into the larger housing policy package, and what comes next in terms of implementing and assessing the policy. (Episode 445)
After making headlines for rapid increases in the past few years, home insurance rates are now making headlines for slowing down.But are the rising rates completely in the rearview mirror?We're diving into that story, plus other headlines in the latest edition on Not Your Average Insights!JWB Real Estate Capital's co-founder, Gregg Cohen, and show host, Pablo Gonzalez, have picked out the most interesting economic news of the day, to talk about it from an investors lens, like:- How insurance rate hikes slowed down in Q4 of 2023- What NYC's new "Good Cause Eviction" legislation tells you about the future of real estate- Why the Hottest Job Markets list from the Wall Street Journal can be a cheat sheet for real estate investorsDon't get lost in the headline sauce! Join us for a lively discussion that will cut through the noise, reduce uncertainty, and make you feel like you have an edge in the investing world.Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel @notyouraverageinvestor Subscribe to @JWBRealEstateCompanies
On March 19th tenants from across New York had a rally at the state capitol to advocate for policies including the Good Cause Eviction and the Housing Access Voucher Program. In this second interview we hear from Robin Martin who speaks on the challenges that people with disabilities face while navigating the current rent crisis.
041224 Iran War Fears, Russian Weapons Pipeline, US Polices the World, Good Cause Eviction Law by The News with Paul DeRienzo
Got an opinion? If you're listening on the iHeartRadio app, tap the red microphone icon to record & send us your thoughts. Don't have the app? Get it free here ---> https://news.iheart.com/apps/ Follow WGY on social media: instagram.com/wgyradio twitter.
Got an opinion? If you're listening on the iHeartRadio app, tap the red microphone icon to record & send us your thoughts. Don't have the app? Get it free here ---> https://news.iheart.com/apps/ Follow WGY on social media: instagram.com/wgyradio twitter.
Nine tenant rights advocates were arrested on Tuesday at the State Capitol, saying that the alleged deal on housing is not strong enough when it comes to including the Good Cause Eviction law, which includes setting a cap on rent increases. Canyon Ryan of United Tenants of Albany talks to Mark Dunlea of Hudson Mohawk Magazine about the status of the budget negotiations over housing.
Today on The Lady Landlords Podcast, we're discussing the 'Good Cause Eviction' bill with Timothy Foley, CEO and Executive Vice President at the Building and Realty Institute of Westchester and the Mid-Hudson Region (BRI). In today's episode, you'll learn: #1. What is the Good Cause Eviction bill? #2. How it affects rent raises and evictions. #3. Where this bill may get passed and take effect. Stay tuned until the end to learn how you can advocate for landlords in your local community and protect small businesses! If you'd like to take action now and help stop Good Cause Eviction, visit https://www.buildersinstitute.org/take-action/ to find your legislator to email your request today. ===
New York State Senator Julia Salazar (D, WF-18th district) discusses New York's housing crisis and a Good Cause Eviction bill she's sponsored, plus other issues in play as part of the state budget.
Affordable housing once again is a major debate in this year's state budget. While both houses included the need for tenant protections in their one house budget resolutions, only the Senate formally embraced the Good Cause Eviction law. Canyon Ryan of United Tenants of Albany talks with Mark Dunlea for Hudson Mohawk Magazine.
A year after Gov. Kathy Hochul and state lawmakers failed to reach a deal on a housing plan, they're back at work in the State Capitol with the governor making a more modest proposal to build affordable homes across the state. One person who's fighting every day to end the crisis is Cea Weaver, who co-founded the Housing Justice for All coalition. Weaver joined NY1's Errol Louis to discuss the governor's plans and what may make this year different from the last. They also talked about what's known as “Good Cause Eviction,” pathways to social housing and the upside to reviving state-subsidized housing programs. Join the conversation, weigh in on Twitter using the hashtag #NY1YouDecide or give us a call at 212-379-3440 and leave a message. Or send an email to YourStoryNY1@charter.com.
The Real Deal dubbed New York's last legislative session the “housing session that wasn't.” Developers desperate for a 421a tax abatement replacement went home empty handed. Tenant advocates saw no movement on the renter protection good cause eviction. Could 2024 be different? Alicia Glen, housing expert and deputy mayor for housing and economic development under the De Blasio Administration, thinks so. “I do feel there is a path forward,” Glen said. “We just need leadership to drive the deal.”
For 70%, What Happens When Rental Income = $0?70% of multifamily building owners in New York City are not the 'fat cats' that many people think of when looking at the Super Tall apartment buildings now dotting the NYC skyline!70% are considered 'small' owning one or two buildings, with under 50 units. And then we have an owner like one of today's guests who came here from Britain and owns one rental unit on Staten Island. And, were it not for her incredible fortitude and work ethic, she would have lost that property.Our two guests...Meet Emily Barlow: A landlord of one unit with a tenant who did not pay rent and refused to vacate the property since 2019. Emily worked 100 hours a week to fulfill her obligations on the right side of the equation below and fought for eviction in a court system that tends to be very tenant-friendly. Meet Ann Korchak: Ann is also the owner of a multifamily building in Manhattan that has been affected by the overall political, legislative, court, and Covid mandates enacted by NYC and NYS. Ann is also the President of SPONY, the Small Property Owners of New York which is an advocacy group with about 600 members.The Simple Multifamily FormulaRent - Expenses = Net Operating Income (NOI) Mortgage Insurance Utilities Taxes MaintenanceSo what happens to landlords like Emily when the rent becomes $0 and yet the expenses still need to be paid or else the building could be lost?Certainly, during Covid some help was available for some through programs like ERAP (Emergency Rental Assistance Program), but in many ways, she was on her own.Owner HeadwindsLegislative: Laws that seem benign and good for tenants may ultimately work in reverse if building conditions are allowed to decline. One law that comes to mind is the NYS 2019 Housing Stability & Tenant Protect Act which put serious restrictions on owners vis a vis rent increases and benefits for doing renovations on apartments and common spaces. Another, for buildings greater than 25,000 sq. ft., is NYC Local Law 97. Good Cause Eviction being bandied about in Albany is another piece of legislation that would be detrimental for owners (Do You Ever Wonder spoke with Alexander Lycoyannis about Good Cause Eviction here https://youtu.be/1qlQwRabW54?si=2mbs1VHpkOQe2dN8).Political: For politicians in New York State and New York City who will typically pander to one side or the other in a conflict/dispute, there are many more tenants than there are landlords giving some clue to which side of the argument they will be on.COVID-19: Rent/eviction moratoriums were necessary for some, but for the landlords their bills (see above) still had to be paid! Courts: Actually trying to evict whether during Covid or at any other time, the courts tend to be very tenant-friendly. Have your own story to tell? Let us know at mhaltman@hallmarkabstractllc.com.________________________________________________Subscribe to Do You Ever Wonder on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ
Cathy Cunningham, Finance Editor and Co-Deputy Editor at Commercial Observer, Visits Do You Ever Wonder!Do You Ever Wonder host and Hallmark Abstract Service CEO Mike Haltman had the pleasure of sitting down with Cathy to discuss a wide variety of subjects, although the talk was delayed for a couple of days for a very good reason.The delay occurred because of Cathy's involvement with the Multiple Sclerosis Society fundraising event at Belmont Park which brought in $600,000 of donations! Mike Haltman, whose mother suffered from MS, was thrilled to wait!Cathy hails from Scotland about 15 minutes from the Old Course at St. Andrews, and she came to the United States in search of a career in finance, and then real estate finance. And judging by the trajectory of Cathy's career, she has achieved incredible success in a relatively brief amount of time!The conversation between Cathy and Mike traversed a wide range of subjects including CRE sector analysis, the current state of CRE deal financing, loan underwriting standards, the political landscapes impact on commercial real estate (i.e. Blue vs. Red), the impact of social media on the CRE industry, the importance of networking, podcasting and much more.Specifically, they touched on subjects such as 421-a, Good Cause Eviction, and the Housing Stability and Tenant Protection Act of 2019.If you have a story idea you would like to run past Cathy, send her an email at ccunningham@commercialobserver.com.________________________________________________Please subscribe to Do You Ever Wonder using the two links below, and don't be shy about sharing the links with your friends.Subscribe on your favorite streaming platform here: https://areyouwondering.buzzsprout.com/shareSubscribe to Do You Ever Wonder on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ____________________________________________Are you interested in appearing as a guest on the Do You Ever Wonder podcast?Let us know at info@hallmarkabstractllc.com.The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service, and hosted by its CEO Mike Haltman.Hallmark Abstract Service...You Buy, We Protect!Read the article 'Are New York Title Insurance Providers All The Same?' here, https://www.hallmarkabstractllc.com/?p=10321.Questions about New York title insurance or the real estate transaction process? Let us know at Hallmark Abstract Service at (646) 741-6101 or send us an email at info@hallmarkabstractllc.com.
We get an update on the just-completed state legislative session in Albany from democratic socialist State Senator Kristin Gonzalez. We talk about the Build Public Renewables Act, the New York Power Authority, the failure to pass Good Cause Eviction and more.
We talk about the Rent Guidelines Board which meets today, June 21, to vote on how high rents will be allowed to go up this year and next for New York's nearly 1 million rent-stabilized apartments. Tenants are urging the RGB to scrap proposed rent hikes of as much as 7% and freeze rents or even roll them back. Then, we will get an update on the just-completed state legislative session in Albany from democratic socialist State Senator Kristin Gonzalez. We talk about the Build Public Renewables Act, the New York Power Authority, the failure to pass Good Cause Eviction and more. In the last segment of the show, we speak with John Teufel, the author of the cover story in this month's Indypendent that takes a look at the completely broken process for how the NYPD disciplines, or not, officers accused of serious misconduct. John has followed the NYPD closely over the past 20 years; we also talk about the surprise resignation last week of Police Commissioner Keechant Sewell.
State Senator Julia Salazar, a Brooklyn Democrat and democratic socialist, joined the show to discuss state housing policy negotiations, the Legislature's failure to pass a housing plan, and her ongoing push for Good Cause Eviction legislation.
Today, on the Hudson Mohawk Magazine: We begin with Mark Dunlea's coverage of the press conference to push for Clean Slate, Housing Justice for All, and Good Cause Eviction. Then, we speak with Oakwood Community Center about what's taking place this summer at the center and the Keep Our Kids Cool Campaign. Later on, Elizabeth (EP) Press reports on the Flock Surveillance Tools that has popped up around Troy. After that, we hear about an upcoming film screening of a Ukrainian film about WWII with themes of the current war in Ukraine. Finally, we hear from Brea Barthel about the Schenectady Kids Arts Festival coming up on June 3rd.
Wednesday, May 31 was a busy day down at the state Capitol. In part one of our coverage, we heard from climate activists, some dressed as dinosaurs, protesting at National Grid's electrification conference at the Renaissance Hotel across from the Capitol. Here in Part 2, we catch the end of a press conference on the Clean Slate criminal justice reform, followed by the Housing Justice for All rally on tenants' rights and Good Cause Eviction.
The state budget was a month late and failed to resolve the issue of how to expand affordable housing in New York. Lawmakers have less than a month to agree on a package of housing reforms, including the Good Cause Eviction law to protect tenants. Canyon Ryan of United Tenants of Albany discusses the issue with Mark Dunlea of the Hudson Mohawk Magazine.
New York state FINALLY has a budget—a month late, and 800,000 housing units short. New York Focus senior reporter Sam Mellins sits down with Hell Gate to break down what the hell happened this budget season, from the death of Good Cause Eviction to horse-racing industry subsidies (???) to the best bathroom in the state capitol. Plus, we take you inside this week's rowdy Rent Guidelines Board hearing, where housing activists took the stage to protest the board's proposed rent increases. Hosted on Acast. See acast.com/privacy for more information.
Cea Weaver, campaign coordinator for Housing Justice for All, joined the show to discuss state budget negotiations, the apparent demise of negotiations over housing policy, and the left-wing perspective on the issue and key components of the debate, including Good Cause Eviction, the governor's Housing Compact, and more.
Do You Ever Wonder With Paul Massey, CEO Of B6 Real Estate Advisors!For the Do You Ever Wonder podcast, having the opportunity to speak with Paul Massey was the equivalent of hitting both ends of a daily double!That's because about one month prior we had Bob Knakal, Paul's partner for 26 years, on Do You Ever Wonder as well. These two CRE icons started the commercial real estate firm Massey Knakal back in 1988, worked to grow it as an unbelievable team for 26 years, and then sold it to Cushman & Wakefield in 2014.In 2018, Paul and his partners launched B6 Real Estate Advisors, short for 'Building By Building, Block By Block'. 'B6 provides commercial real estate owners and stakeholders with a next generation experience to optimize their investments. They take a holistic approach, empowering every client with agent expertise, technology-forward insights, and a team-oriented culture.' The firm 'employs a distinct Territory Network model, that ensures sub-market expertise for its agents along with an owner-aligned philosophy and a technology-forward platform'.Our conversation with Paul covered a variety of topics, but at the heart of it all Paul's love for commercial real estate and for doing whatever he can to help his brokers succeed, consistently shone through!If you have questions for Paul, or you would like to visit the website... Paul Massey Email: pmassey@b6realestate.comB6 Real Estate Advisors: https://b6realestateadvisors.com/Phone #: 212.473.2600Subscribe to Do You Ever Wonder and share the links with your friends.You can stream this episode and all of the others, on your favorite streaming platform here: https://areyouwondering.buzzsprout.com/shareWatch this and all of the Do You Ever Wonder episodes on YouTube here: https://www.youtube.com/channel/UCzmL4Yaump_9Q7tMSChDoUQ____________________________________________Are you interested in appearing as a guest on the Do You Ever Wonder podcast?Let us know at info@hallmarkabstractllc.com.The Do You Ever Wonder podcast is brought to you by New York title insurance provider Hallmark Abstract Service, and hosted by its CEO Mike Haltman. Hallmark Abstract Service...You Buy, We Protect!Read the article 'Are New York Title Insurance Providers All The Same?' here, https://www.hallmarkabstractllc.com/?p=10321.Questions about New York title insurance or the real estate transaction process? Let us know at Hallmark Abstract Service at (646) 741-6101 or send us an email at info@hallmarkabstractllc.com.
Governor Hochul says that affordable housing is her major budget priority for 2023 but fellow democrats do not agree on the best way to accomplish this goal. Housing advocates gathered at the Capitol on March 27 to discuss exclusionary zoning, Good Cause Eviction, and Housing Access Voucher Program. We hear from Assemblymembers Levenberg and Shrestha, Asia Thomas of Open NY, Rev. Peter Cook of NYS Council of Churches, and Kumi Arusu of Community Voices Heard.
I think every state needs to implement something to stop the workforce housing community from being evicted. #theapartmentlady #affordablehousing --- Send in a voice message: https://podcasters.spotify.com/pod/show/theapartmentlady/message
Advocates for tenants' rights see hope for Good Cause Eviction Law in court ruling by WSKG News
The state's mid-level appeals court has affirmed a lower court ruling overturning the City of Albany's Good Cause eviction law that established conditions to restrict when landlords could remove tenants or how much they can raise rents. The court said that it was up to the state legislature to make laws on such issues. Canyon Ryans of United Tenants discusses what happens next with Mark Dunlea of Hudson Mohawk Magazine.
Canyon Ryan of United Tenants of Albany was one of the presenters at a workshop in Troy on DSA about building tenants' powers. He talks about the legal challenges to Albany's Good Cause Eviction laws and ongoing efforts at the city and state level to strengthen tenant rights. With Mark Dunlea for Hudson Mohawk Magazine.
Today you're going to be hearing from New York Multifamily partners Joe Koicim, Seth Glasser, and Shaun Riney, as they discuss the state of the New York Multifamily market going into Q4. Joining us will be frequent guest Jay Martin, Executive Director of the Community Housing Improvement Program and DHCR guru Christina Smyth, Founder of Smyth Law PC (and newly appointed member of the Rent Guidelines Board). We'll be discussing: trends in the market, CHIP's Court Case vs. HSTPA, a new DHCR proposal eliminating vacancy combinations, and finally, Good Cause Eviction. There is lots happening in NYC Multifamily... lets and explore and go behind the bricks… with Joe, Seth, and Shaun... Reach out to the team! Seth Glasser 212-430-5136 seth.glasser@marcusmillichap.com Joe Koicim 212-430-5147 jkoicim@marcusmillichap.com Shaun Riney 718-475-4369 shaun.riney@marcusmillichap.com www.newyorkmultifamily.com
On this week's edition of New York NOW: Amid escalating evictions and housing costs, we'll look at the overturning of Albany's Good Cause Eviction law and what it means for New York state. David Lombardo from the Capitol Pressroom talks with OASAS commissioner Chinazo Cunningham about state funding and priorities for treating addiction in New York state. We'll break down this week's news with Keshia Clukey of Bloomberg Government and Yancey Roy of Newsday. Learn More: nynow.org
The city of Albany's “good-cause” eviction law, the first of its kind in the state, was struck down by a state Supreme Court judge last week. Landlords successfully argued that the city was violating state law that guided tenant and landlord relationships. Canyon Ryan of United Tenants of Albany discusses the next steps at both the city and state level. With Mark Dunlea of Hudson Mohawk Magazine.
Revolutions Per Minute - Radio from the New York City Democratic Socialists of America
The elected officials of New York State ended their legislative session in Albany on June 2nd. They are headed home for the summer after failing to secure the rights of tenants or meeting New York state's climate goals, refusing to pass Good Cause Eviction and the Build Public Renewables Act. What happened? To try and answer this and more, we bring on socialist organizers to break down what happened in Albany and how New York lawmakers left tenants and the climate out to dry. Tonight, we are joined by Avi, a tenant organizer fighting for the Right to Remain, and RPM's co-host and ecosocialist specialist, Lee Ziesche. We will assess the situation in Albany and the movement necessary, both inside and outside the halls of the State Capitol, to defeat the corporate opposition and make Good Cause and BPRA a reality in the Empire State. Visit right2remain.com to learn more about the ongoing campaign to pass Good Cause Eviction legislation in New York state. On this show, Lee references the Sane Energy Project (saneenergy.org) and No NBK Pipeline Coalition (nonbkpipeline.org) as well as the NYC-DSA Ecosocialist Working Group (https://ecosocialists.nyc/).
Today, on the Hudson Mohawk Magazine: We begin with Mark Dunlea's conversation with Upper Hudson Green Party Chair Kaleb Winters about political corruption and election fraud in Troy and Rensselaer County, in the wake of Troy Councilwoman Kimberly Ashe-McPherson's recent guilty plea to federal ballot fraud charges and resignation from the council. Then, our regular plastics correspondent Alexis Goldsmith joins us in the studio to recap the legislative session and tell us what's coming up. Later on, Elizabeth Press talks with Caroline Nagy about the failed Good Cause Eviction bill and the protests supporting it. After that, attorney Kathy Manley, who helped defend Aref and Hossain after their 2004 arrest, speaks with Mark Dunlea in anticipation of Friday's screening of “Witness,” a documentary film about the case. Finally, Blaise Bryant brings us this week's climate update with Meteorologist Hugh Johnson.
How will the Good Cause Eviction Bill Impact the Affordable Housing Crisis in New York City by Uptown Radio
In March, Beacon's city council passed “good cause eviction” legislation, written to protect renters in an increasingly vicious housing market. Councilman Dan Aymar Blair, who authored the law, joins us this week to talk about what it does and doesn't do and what may come next in the high stakes battle over housing affordability in this city.
Margie Russell, NYARM and Anne Korchak, SPONY team up with me to chat about Good Cause Eviction; NY Senate Bill 3082/Assembly Bill A05573. Real Estate Attorney Alexander Lycoyannis explains in detail what Good Cause Eviction is and what it is not. After listening you will clearly understand why passage of this Bill will be GOOD for nothing! You will also know how to easily voice your opposition and help ensure that the current NY Legislative session ends in June without this Bill being made law.
Dorothy Heyl, Chair of the City Bar Real Property Law Committee, speaks with Justin La Mort and Alex Lycoyannis. Justin is the Supervising Attorney for the housing rights project of Mobilization for Justice, and former Real Property Law Committee Chair. Alex is a partner at Rosenberg & Estis, and a member of the Real Property Law Committee. They talk about a bill in the New York State Legislature: Prohibition of Eviction without Good Cause. They dig into the meaning of "good cause" and the pros and cons of this bill.
In the first hour of "Connections with Evan Dawson" on Friday, April 8, 2022, Rochester City Council recently voted against Good Cause Eviction legislation. Our guests discuss the "good cause" landscape and where it might go next.
On this episode, councilwoman Paloma Wake drops in to help us unpack the new local law... Good Cause Eviction Listen in as Paloma and the team discuss just what exactly is in this new law, it's intention and potential impact. If you are interested in learning more please reach out to your local councilman or contact Legal Services of the Hudson Valley at 845.253.6953 or online at www.Lshv.org --- Send in a voice message: https://anchor.fm/iambeacon/message Support this podcast: https://anchor.fm/iambeacon/support
Good Cause Eviction (GCE) AKA 'No Eviction Ever!'For those New Yorkers not working in government, the concept of why a tenant may earn eviction from a rental unit seems somewhat clear. They may include non-payment of rent, behavior unbecoming a tenant or, at the discretion of the landlord, non-renewal of their lease. There are other reasons one might imagine too.But if the Good Cause Eviction bill were to pass, it will become extremely difficult for a landlord to raise rent, choose not to renew a lease, and any number of other reasons why being a multifamily building owner may not be the road to building wealth it has always been considered!Add to the mix the Housing Security & Tenant Protection Act of 2019 that put all kinds of financial prohibitions on owners, and finding a universe of potential building buyers may become increasingly difficult along with any ability for the owner to increase their buildings value!Our guest for this episode is a Partner at the New York City law firm of Rosenberg & Estis. This firm, with over 80 attorneys, is NYC's largest firm focusing solely on real estate!Alex Lycoyannis has been with R&E since 2002, and he has represented clients ranging from the country's largest real estate developers to nationally-recognized commercial tenants and individuals who own a single building.On the subject of Good Cause Eviction he has published many articles and has argued before the New York State Senate. He is of the opinion that along with the 2019 bill, if GCE were to pass, it would devastate owners and hurt the very people purportedly being helped, the tenants!Now sit back, and enjoy the conversation!Do You Ever Wonder Host Mike HaltmanCEO, Hallmark Abstract ServiceBoard Chair, Heroes To Heroes Foundationmhaltman@hallmarkabstractllc.comhttps://www.hallmarkabstractllc.comAlex Lycoyannis, PartnerRosenberg & Estisalycoyannis@rosenbergestis.com https://www.rosenbergestis.com/attorney/alexander-lycoyannis/____________________________________________Do You Ever Wonder is brought to you by New York title insurance provider Hallmark Abstract Service.Hallmark Abstract Service...You Buy, We Protect!What's your favorite podcast platform? Do You Ever Wonder is on there!Apple : https://podcasts.apple.com/podcast/id1589834260Spotify : https://open.spotify.com/show/29rcULIGYPoa2k1SL1nfebGoogle : https://podcasts.google.com/feed/aHR0cHM6Ly9mZWVkcy5idXp6c3Byb3V0LmNvbS8xODYyOTg2LnJzcw==Amazon : https://music.amazon.com/podcasts/5824f1cf-0719-4617-b874-e9ff1f38456e/do-you-ever-wonder-with-your-host-mike-haltmanStitcher Podcasts : https://www.stitcher.com/s?fid=657987iHeart Radio : https://iheart.com/podcast/90144298/Pandora: https://www.pandora.com/podcast/do-you-ever-wonderwith-your-host-mike-haltman/PC:78342
Bob speaks with Rochester City Councilman Jose Peo on Good Cause Eviction.
New York Democrats Push For "Good Cause Eviction" Legislation by WSKG News
In this episode, the team reacts to the hot button topic of Good Cause Eviction and statements made at the recent council meeting. To view the full council meeting, check out The City of Beacon's YouTube channel at the link below. #ThisIsBeacon #IAmBeacon #BeaconNY #Community https://m.youtube.com/channel/UCvPpigGwZDeR7WYmw-SuDxg --- Send in a voice message: https://anchor.fm/iambeacon/message Support this podcast: https://anchor.fm/iambeacon/support
Revolutions Per Minute - Radio from the New York City Democratic Socialists of America
Tonight on RPM we continue our series of conversations with DSA's 2022 For The Many candidate slate with Illapa Sairitupac. Illapa is social worker and climate organizer who has been endorsed by NYC-DSA for Assembly District 65, a Lower East Side district once held by the notorious Sheldon Silver. We'll talk to Illapa about running a campaign for working class New Yorkers in a district that also includes the capital of capitalism: Wall Street.We'll also hear from members of the NYC-DSA Housing Working Group who were out canvassing in lower Manhattan with Illapa this weekend for the Right to Remain campaign - to pass the Good Cause Eviction bill.Plus a breaking news update on the REI Soho Union vote with Amy Wilson. For more info on Illapa: https://illapa.nyc/To learn more about Right to Remain and the NYC-DSA Housing Working Group: https://linktr.ee/nycdsa_housing
En otras noticias: Cifras del departamento de la policía de New York revelan un alarmante número de armas confiscadas en las escuelas.Padres y líderes comunitarios piden eliminar las suspensiones escolares, pues no solo lo consideran poco útil sino también excluyente.Se dispara precio de la gasolina en New York debido al conflicto en Ucrania.Ante aumento de los precios de la renta, inquilinos activistas piden la aprobación de la ley de 'good cause eviction'Informe especial: ¿Cómo conducir en condiciones de alta ventosidad?
We discuss how good intentioned rules can backfire and lead to litigation through the lens of the race discrimination case against the NFL and pending legislation regarding good cause eviction.
Today we sit down again with Jay Martin, Executive Director of the Community Housing Improvement Program. CHIP is a trade association for owners of over 400,000 rent-stabilized rental properties across New York City's five boroughs. This is Jay's 3rd time on this podcast and he is always full of useful intel... In this episode, we discuss what CHIP has been up to over the past year, effective long-term solutions for housing affordability, the dangers of “Good Cause Eviction”, and the importance of educating the public. We also dive into what to expect from the Mayor-elect Eric Adams of New York City-based on Jay's conversations with the man himself. Jay has a lot of important lessons to each so let's go.. Behind the Bricks…with Jay Martin. Get the latest updates on Instagram : www.instagram.com/newyorkmultifamily And Linkedin : https://www.linkedin.com/in/peter-von-der-ahe-3320662/
Revolutions Per Minute - Radio from the New York City Democratic Socialists of America
Tonight on our show we will be talking about our host Desiree Joy Frias' home of the South Bronx where capitalist interests and government failures are continuing to cost lives. In the middle of brutal winter weather and yet another Covid spike, tenants are once again mobilizing to defend against evictions and build working-class power with all of New York City's residents, including the 1 in 12 New Yorkers who live in public or section 8 housing. Last week's tragic and preventable Twin Parks fire on 181st street in the Bronx and yesterday's Con Edison explosion on Fox Street less than two miles away are just the latest examples of the ongoing violence of landlord neglect and failures by the federal and local government to provide adequate public housing and public infrastructure. Con Edison is responsible for yesterday's explosion that killed one, injured seven and leveled an entire row home in the South Bronx. This exploitative monopoly spends millions in lobbying fees to fight green projects and remain the sole provider of power to over 12 million customers. To discuss these preventable tragedy and how socialists are organizing for tenant power, we're live in the studio with RPM comrade and fellow Bronx/Upper Manhattan DSA member Bernard Goyder and an organizer from NYC-DSA's Brooklyn Housing Working Group, Isaac. Tonight you'll learn about NYC-DSA's Right to Remain campaign to pass Good Cause Eviction, transformative legislation that will protect millions of tenants just like us. Keeping with the uptown theme, we'll also hear an update on the successful strike by the Student Workers of Columbia. Get organized, get involved, help your neighbor, call your legislator: https://linktr.ee/nycdsa_housing Read more on South Bronx Mutual Aid and others' efforts to support tenants in the Bronx: https://twitter.com/booksandrose/status/1483854067457826822?s=20
Cea Weaver the Campaign Coordinator for Housing Justice for All sat down with HMM's Aileen Javier on January 16th to discuss the ending of the eviction moratorium and what tenants can do now. She also spoke about the Good Cause Eviction Bill and why it is important that this bill is passes. "The most important thing for tenants to know is that your landlord cannot force you out of your home; only a judge can process an eviction." -Cea Weaver For more information about Housing Justice For All, visit their website at: https://housingjusticeforall.org. For more information about the Good Cause Eviction please visit: NY State Senate Bill S3082 (nysenate.gov)
The Good Cause Eviction law, archaeostronomy and the inflation's repercussions This week in La Voz en Breve, journalist Mariel Fiori has a show on education and family. In today's comment, Angélica Medaglia, news and sound producer for this show, shared some points that Kingston Mayor Steve Noble made during his annual State of the City Address. Among these, the mayor said that he hopes, together with the Common Council, to pass the Good Cause eviction legislation. And a new daycare center in the city of Kingston is about to open its doors, it is called Jumping Jelly Beans Early Day Care Center, which will open at 119 Barbarosa Lane, Monday through Friday from 7:30 am-5pm for boys and girls between 3 and 5 years. The weekly fee is $ 250 and they accept subsidized payments. For more information call the principal, Glenda Milner: 845-334-0992. In addition to our archives, we share an interview with the Chilean professor Silvia Losini, disseminator of Andean culture and cosmo-vision, through archaeoastronomy from Chiu Chiu, in the Atacama desert. Finally, in his column Beyond the Headlines, Professor Duane Stilwell talks about inflation in the US. and what are the global repercussions. Legislación de desalojo por causa justificada, arqueostronomía y las repercusiones de la inflación Esta semana en La Voz en breve, la periodista Mariel Fiori tiene un programa de educación y familia. En el comentario de hoy, Angélica Medaglia, productora periodística y de sonido de este programa, compartió algunos puntos que hizo el alcalde de Kingston, Steve Noble durante su discurso anual sobre el estado de la ciudad. Entre estas, el alcalde dijo que espera, junto con el Consejo Común, aprobar una legislación de desalojo por causa justificada. Y una nueva guardería en la ciudad de Kingston está por abrir sus puertas, se llama Jumping Jelly Beans Early Day Care Center, que abrirá en la 119 Barbarosa Lane, los lunes a viernes de las 7:30am-5pm para niños y niñas entre 3 y 5 años. La cuota semanal es de $250 y aceptan pagos subvencionados. Para más información llamar a la directora, Glenda Milner: 845-334-0992. Además de nuestros archivos compartimos una entrevista con la profesora chilena Silvia Losini, divulgadora de la cultura y la cosmovisión andina, a través de la arqueoastronomía desde Chiu Chiu, en el desierto de Atacama. Finalmente, en su columna Más allá de los titulares, el maestro Duane Stilwell nos habla de la inflación en Los Estados Unidos y cuales son las repercusiones mundiales.
On this week's edition of New York NOW: We revisit the debate over the New York Health Act, a bill that would create single-payer health care in New York. Sen. Jabari Brisport and Elisabeth Benjamin from the Community Service Society of New York join us to explain their support for the measure. Lev Ginsburg from the Business Council and Ed Farrell from the Retired Public Employees Association explain why they oppose it. Reporter Darrell Camp explores the future of 'Good Cause Eviction,' a tenant-targeted measure that lawmakers could consider on the statewide level in the new year. Learn More: https://nynow.org
Ramon interviews Gabriel Silva, Lead Organizer for Citizen Action in the Capital Region. Gabe walks us through the "Good Cause Eviction" law recently passed in Albany and clues us in to the legislative push for it's passage in other upstate municipalities. A climate policy discussion, capped off with some musings on newly named Governor, Kathy Hochul.
We continue an ongoing conversation about good cause eviction protections. Albany recently passed legislation, and activists in Rochester want to see a similar law here. Meanwhile, during her inaugural speech on Tuesday, Gov. Kathy Hochul said that tenants experiencing financial hardship during the pandemic can apply for rent relief. Those who are eligible will be protected from eviction for one year. Last week, we spoke with housing activists and a landlord about tenant protections. Now, we turn to local lawmakers and a property owner: Jose Peo , member of Rochester City Council Kim Smith , winner of the Democratic primary for Rochester City Council Alex White , housing provider
Last week, the U.S. Supreme Court blocked a measure that would prevent evictions from taking place in New York State during the pandemic. The eviction moratorium barred cases from moving forward if a tenant declared pandemic-related economic hardship by filing a form, rather than providing evidence in court. Landlords pushed back on the moratorium, stating they had no legal recourse to challenge tenants' claims. Meanwhile, new good cause eviction protections recently passed in Albany, and housing activists in Rochester say other cities should follow suit. The law protects tenants from facing holdover evictions by giving them the right to renew their tenancy, enhancing their right to organize, and providing protections against unreasonable rent hikes. Landlords could still evict tenants for nonpayment and other issues. We discuss the law with housing rights advocates and landlords. Our guests: Barbara Rivera, lead tenant organizer for the City-Wide Tenant Union of Rochester Clianda
Today, on the Hudson Mohawk Magazine, To start off, Paul Smart brings us coverage of the Albany Common Council’s recent discussion of Good Cause Eviction legislation. Then, on Reclaiming History, we speak with Ally Henry, host of the podcast, Combing the Roots. After that, HMM’s Roaming Labor Correspondent Willie Terry speaks with Thomas M. Grace, survivor of the 1970 Kent State shootings, and author of "Kent State: Death and Dissent in the Long Sixties." After that, Sina Basila Hickey speaks with Luz Marquez-Benbow about the Memorial Altar at Freedom Square, and altars as a form of resistance. And to close out the show, McKenna Conners brings us her interview with Scott Kellogg, educational director for the Radix Ecological Sustainability Center.
One of the next big issues coming forth in Albany and elsewhere in our nation's urban landscape are new laws seeking to cement in Good Cause Eviction premises that will increase the tenants' rights that became key to many's survival during the pandemic. The issue recently came up at an Albany Common Council workshop where passions flared on all sides of the issue.
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