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The suit claimed that MetLife was improperly charging tenants "market rate" rents while at the same time receiving real estate tax benefits from the City of New York under the J-51 program, which requires property owners to maintain apartments as rent-stabilized during the period in which they are receiving benefits. The lawsuit asked for a ...
Rent regulation in New York. Rent regulation in New York is a means of limiting the amount of rent charged on dwellings. Rent control and rent stabilization are two programs used in parts of New York state (and other jurisdictions). In addition to controlling rent, the system also prescribes rights and obligations for tenants and landlords.
The Rent Is Too Damn High Party (Rent Is 2 Damn High Party) is a single issue political party, primarily active in the state of New York, that has nominated candidates for mayor of New York City in 2005 and 2009, and for governor and senator in 2010. Jimmy McMillan was the mayoral candidate both times as well as a candidate for governor. [ 1]
The New York State Division of Housing and Community Renewal ( DHCR) is an agency of the New York state government [ 1] responsible for administering housing and community development programs to promote affordable housing, community revitalization, and economic growth. Its primary functions include supervising rent regulations through the ...
As of 2019, Trump's net worth (as estimated by Forbes) was $3.1 billion, with about half of that coming from his New York City real estate holdings, and about a third coming from his national and international properties (including hotels and golf courses). [174]
List of property developers based in New York. The following is a list of notable property developers based in New York : Boston Properties. Durst Organization. Extell Development Company. Silverstein Properties. The Trump Organization. Thor Equities.
Starting in 1968, Trump was employed at his father's real estate company, Trump Management, which owned racially segregated middle-class rental housing in New York City's outer boroughs. [50] [51] In 1971, he became president of the company and began using the Trump Organization as an umbrella brand. [52]
Real estate developer. Known for. Founder of Wharton Properties. Spouse. Rachel Sutton. Children. 5. Jeff Sutton (born 1960) is an American billionaire real estate developer and the founder of Wharton Properties. [ 1] In August 2024, his net worth was estimated at $2.7 billion by Forbes.
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