Mitchell lama housing cadman plaza1/7/2024 ![]() ![]() Most buildings I’ve worked with since the passage of the HSTPA have experienced Frankensteining. ![]() It’s not a case of too little too late, but when we talk about preservation, this was an obvious no-brainer. So many people need those affordable homes, and most of the vacant apartments need little more than a coat of paint.”Ĭooper Square Committee organizer Jodie Leidecker said, “It’s a shame that it’s taken almost five years since the passage of the HSTPA to close this loophole, and countless truly affordable apartments have been permanently lost to high rents. Tenant Sue Susman of Stellar Tenants for Affordable Housing said, “These new regulations may make a big difference in my building where the landlord is keeping 13 rent-stabilized apartments off the market - and has already Frankensteined 4 others. (Unfortunately and shamefully, the city and state don’t maintain accurate data on rent-regulated apartment vacancies.) The practice of Frankensteining - combining separate, adjacent apartments into one single larger apartment - has made an untold number of affordable apartments unavailable throughout the city.įrankensteining has converted almost entire buildings in stable, affordable communities into extremely high-rent buildings, often with a rotating cast of tenants who cannot afford to stay long term.Įstimates from the city and others put the range of warehoused, vacant rent-stabilized apartments in New York City anywhere from 13,000 to 60,000 - with all of those apartments sitting empty during an unprecedented housing crisis. ![]() The result was a duplex apartment advertised on for $13,000 per month and the removal of yet another affordable apartment from New York City’s housing stock. In one building, for example, an empty stabilized apartment (rent: about $850 a month) was combined with an unregulated market-rate apartment directly above it (rent: about $3,000 a month). The loophole has encouraged landlords to warehouse vacant rent-regulated apartments - sometimes for years - in the hope of Frankensteining them later when an adjacent apartment becomes empty. Through that loophole in the HSTPA, owners have been able to set a new, market- rate first rent on rent-stabilized homes by combining adjacent, formerly affordable, regulated apartments into single large “Frankensteined” monsters at sky-high rents. We urge Governor Hochul to sign S2980/A6216 to make the changes more comprehensive and permanent. The new regulations - which take effect November 8 - will enable New York City to retain more of its affordable, rent-regulated housing. New York, NY - With a lot of hard work, testifying, and campaigning, the Coalition to End Apartment Warehousing, a New York City tenant and advocacy group, has helped win new regulations at the New York State Homes and Community Renewal (HCR) agency to close a loophole in the 2019 Housing Stability and Tenant Protection Act (HSTPA). State bills need to be signed by Governor Hochul now to make the changes more New Regulations That Retain Affordable Housingįor New York City The new NYS Homes and Community Renewal regulations are a good start, but Coalition to End Apartment Warehousing Wins ![]()
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