New York's 78 Square Feet Apartment Rents For $800.00 Monthly! A Deal!

New Yorker pays $800 a month for 78-square-foot apartment


It may be small, but it's no bargain.

New York architect Luke Clark Tyler rents a 78-square foot studio apartment for $800 a month in Manhattan's Hell's Kitchen, where studios usually average $1,900 per month. But in a neighborhood where the average rental price per square foot in a studio is $72, Tyler is paying almost twice as much at $123.07 per square foot, according to Mark Menendez, the director of rentals at Prudential Douglas Elliman.

"I think it's too high," Menendez said. He added that, especially with New York real estate, the price per square foot can increase as the square footage decreases, and vice-versa.

"But again it's all relative. Where can you find something for $800 in Manhattan?," he said. "Location trumps value."

For 27-year-old Tyler, who has lived in New York City on and off since 2002, avoiding long commutes is worth the tiny living space in Midtown.

"I was spending my life in a skyscraper and going underground, to work and then back again," he said. "I was missing out on anything New York had to offer. If I had to choose spending time in a train or living in a small space, I’d choose a small space."

He said he saw some studio apartments in Hell's Kitchen, a neighborhood that stretches from 34th Street to 59 Street on the West Side, that were beautiful, but were priced around $1,600.

"I just rather use that extra $800 to do something else, like take classes or enjoy the city," he said.

Although Tyler doesn't have to deal with a work commute any more (he works from home now), he likes his Midtown location because of its proximity to dance studios, another passion that New York has allowed him to pursue.

So after seeing only a couple of apartments, he settled on his shoebox apartment, smaller than his last 96-square-foot apartment in the same neighborhood. He spent up to $200 on building custom furniture, which includes a couch that folds down into a bed and extra storage space built into a closet.

He said that of his building's three floors, the top floor has four units similar to his, but have been occupied by short-term renters or occasional New York visitors. He has been living in the apartment since May 2010.

If he could add something small to his apartment, he'd choose a sink, because then at least he could "jerry rig" himself a little kitchen.

"A sink is really great," he said. "My last apartment had a sink, it was just awesome."

Tyler shares a bathroom with three other similarly-sized apartments. He said he'd prefer a kitchen over a bathroom, though.


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Sources: Fair Companies, MSNBC, Youtube, Google Maps

New York City's Affordable Housing Program (Work In Progress)...Mayor Bloomberg's 5-Yr Plan

As New York City Adds Housing for Poor, Market Subtracts It


Mayor Michael R. Bloomberg is closing in on a milestone: building or preserving 165,000 city-financed apartments and houses for low-, moderate- and middle-income families, the goal of a $7.5 billion housing plan he announced in 2002 and expanded in 2005.

It has already financed the creation or preservation of 94,000 units, including 72,000 for low-income households, city officials say.

But those efforts have been overwhelmed by a far larger number — the 200,000 apartments affordable to low-income renters that New York City has lost over all, because of market forces, during the mayor’s tenure.

The shrinking supply of these apartments, highlighted by researchers at New York University, illustrates not only the increasing strain that housing costs have had on this city of renters, but also the limits of the mayor’s success in providing the city’s poor with reasonable places to live. While the mayor’s plan has put thousands of low-income families in new or rehabilitated buildings and helped stabilize neighborhoods, it has been nearly drowned out by the twin waves of gentrification and rent deregulation.

“We’re losing units even with additions to the stock under the mayor’s housing plan,” said Victor Bach, a senior housing policy analyst for the Community Service Society, a nonprofit antipoverty group, and a member of a panel that advised the Bloomberg administration on housing in 2002. “I’m not knocking the plan. I’m just saying it hasn’t done much to stop the hemorrhaging of lower-rent units across the city.”

Including public housing, the number of apartments considered affordable to low-income households — those earning less than 80 percent of the city’s median income, or less than $37,000 — decreased to 991,592 from 1,189,962, a drop of nearly 17 percent, from 2002 to 2008. About 42 percent of the city’s households fit in that income category in 2008.

The data were supplied by the Furman Center for Real Estate and Urban Policy at New York University, which analyzed the city’s Housing and Vacancy Survey from 2002, 2005 and 2008. The center and other housing experts consider an apartment affordable if it costs no more than 30 percent of a family’s income, or about $925 a month for a family earning $37,000.

Although the numbers present a gloomy picture, they did contain a glimmer of hope. The worst years were between 2002 and 2005, when the city lost affordable apartments at the highest rate of the mayor’s tenure. In the next three years, as the mayor’s plan took hold, the city actually gained about 8,000.

“We’re very proud of what we’ve accomplished, but we’re also not satisfied or done,” said Rafael Cestero, the city’s housing commissioner. “We can’t undo what happened between 2002 and 2005, but what happened during those years is exactly why we created the largest municipal housing plan in the nation’s history. What the data suggests is that the response is working.”

A majority of the 200,000 units in the Furman Center data — 137,000 apartments — had been part of the rent regulation system but were deregulated. In most cases, they became market-rate once their rent topped $2,000 and they became vacant, as allowed by the rent regulation system. Thousands of others had been in the state Mitchell-Lama or federal Section 8 programs, but were taken out of those subsidy programs by their owners and converted to market-rate apartments.

The affordability of all of the city’s 2.1 million rental apartments is of course beyond the control of Mr. Bloomberg and the city’s housing agency, the Department of Housing Preservation and Development.

But housing experts and tenant advocates say that the mayor has been far from powerless, and that his housing policy has suffered from a kind of tunnel vision, by focusing energy and resources on his 165,000-unit target rather than the larger pool of existing housing.

Tenant advocates have been pushing state legislators to make it harder to remove apartments from rent regulation, a move strongly opposed by landlords and the real estate industry. The mayor has been virtually silent on the issue, though he appoints the members of the Rent Guidelines Board, which decides the annual rent increases for rent-stabilized apartments. He proposed state legislation in 2003 that would prevent the loss of Mitchell-Lama units, but the measure failed and has become a low priority for the mayor, tenant advocates say.

“There needs to be a focus on preservation at the same level of intensity that there is for new development,” said Michelle de la Uz, executive director of the Fifth Avenue Committee, a nonprofit Brooklyn-based affordable housing and community development group. “It’s not as though things aren’t moving in the right direction. It’s that advocates have a different sense of urgency.”

Mr. Bloomberg’s campaign said that the mayor intends to expand the housing plan by investing an additional $965 million, which will help preserve 10,000 more units of Mitchell-Lama housing than originally planned and stabilize apartment buildings that are overleveraged, meaning their debt is unsupportable by the income generated by rents, a widespread problem that has led to the physical and financial deterioration of many buildings.

The Housing and Vacancy Survey showed that in 2008, 29.4 percent of all renter households in the city paid more than 50 percent of their income toward rent, an increase from 25.5 percent in 2002. Experts call those families “severely rent burdened.” (The city’s median income in the Furman survey differed slightly from that in other recent surveys.)

The financial squeeze has a spillover effect. It leads to overcrowded conditions and illegally partitioned rooms. It contributes to the record number of homeless families in city shelters. It fills the halls of the city’s housing courts and fuels residential evictions, which have risen slightly to 25,027 in 2008, from 23,669 in 2006. And it causes many people to move out of the city.

A study prepared for the Bloomberg administration by the polling firm Harris Interactive found that 64 percent who moved out of the city cited housing costs as a major reason. The 2006 study was obtained by the Center for an Urban Future, a nonprofit research group.

Before the recession, James Hadden was earning up to $1,000 a week cutting hair at a Harlem salon, but more recently he has taken home $400 to $700. So he has fallen behind on the $1,300-a-month rent on his one-bedroom apartment, a fourth-floor walk-up on Lenox Avenue. His landlord began asking him to pay weekly. “I’m going to go pay this man’s rent so he’ll stop calling me,” Mr. Hadden, 42, said Tuesday.

He said he was happy to be only 16 blocks from work; closer to the salon, on Fifth Avenue at 116th Street, rents are even more expensive. But he said he sometimes heard gunfire outside his building on Saturdays. “My family comes to visit me and I’m embarrassed to show them where I live,” he said.

Despite the net losses of affordable apartments, experts in the field are quick to praise Mr. Bloomberg on much of his housing record. The mayor’s plan has suffered only one major setback since it was unveiled in December 2002: Mr. Bloomberg’s goal of creating or preserving 165,000 units by 2013 was pushed back one year in late 2008 because of the recession.

Mr. Cestero, the housing commissioner, said the plan was on schedule and no further delays were expected. He said the preservation of existing affordable housing was the agency’s “No. 1 priority,” and he said the agency would “engage in the discussion” about rent regulation at the right time.

The plan relies on the rezoning of underused manufacturing areas, including the Greenpoint and Williamsburg neighborhoods in Brooklyn, that allowed developers to build larger buildings if they set aside some apartments as low-cost units. New units have also been created through the city’s Housing Development Corporation, which issues bonds and uses its corporate reserves to finance low-cost mortgages to affordable housing developers.

“I think the city has done an extraordinary job, more than any other place in America,” said Jerilyn Perine, executive director of the nonprofit Citizens Housing and Planning Council and the former city housing commissioner who helped create the mayor’s original plan in 2002. “You have to go to Europe to find another city that has this kind of robust, sustained housing policy and housing investment.”

Of the 94,000 units the administration counts as gains, fewer than half, about 35,000, are new. The rest are apartments that City Hall says it has preserved as affordable, by providing low-interest loans to rehabilitate them or keep them from leaving rent-subsidy programs..

Some housing experts say the loss of affordable units is evidence of the city’s economic vitality and a natural consequence of demand for affordable housing exceeding supply. As Ms. Perine wrote in the housing plan, there has never been a time in the city’s history when all of its population’s housing needs have been met with safe and affordable housing.

“I don’t think there’s a serious crisis in this area,” said Magda L. Cruz, a lawyer and an owner representative on the Rent Guidelines Board. “I do believe a big problem is employment, and salaries just not being high enough to sustain cost-of-living increases. That’s something the mayor plays a part in, but it doesn’t have to do with building new housing.”

Affordable housing is in such demand that most new apartments are awarded by lottery. Alan Ceballos, 30, said he was grateful to have won his two-bedroom apartment, costing $839 a month, in a new building on University Avenue in the Bronx.

Mr. Ceballos, who earns about $33,000 a year as a sales associate at a car rental agency, won the spot three years ago, allowing him to move out of a one-bedroom that cost $794. He and his wife had two children then, and now have three.

He said that traffic often speeds down the street and that people who hang out in a park by the building sometimes smash car windows; his own windshield has been broken. But he is happy with the building itself: its cleanliness, security, price and size.

“Before, it being a one-bedroom, it did not have enough closet space,” said Mr. Ceballos. Besides the extra room he now has, “the kitchen is bigger, the living room is bigger, so it’s adequate space now.”



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Sources: NY Times, MSNBC, Youtube, Google Maps

Charlotte City Council Passes Limited Landlord Registration Ordinance...Slum Landlords & More Taxes

City of Charlotte won't require all Landlords to Register


After nearly two hours of debate, the Charlotte City Council passed a limited landlord registration ordinance Monday night, which requires only property owners of the most crime-ridden properties to identify themselves to the police.

The Charlotte-Mecklenburg Police proposed more than a year ago that all landlords register with the city, and be subject to fines if their rental units don't improve.

Police have said it's often difficult to identify problem landlords because property records list corporations or don't have current addresses.

The proposal was based on similar measures in cities such as Raleigh, Minneapolis and Houston.

But a number of landlords, as well as industry groups, such as the Real Estate and Building Industry Coalition, opposed the blanket registration. The compromise approved Monday requires only landlords who are in the top 4 percent of highest crime calls to register.

"We think we are targeting crime," said Elizabeth Barnhardt of the Charlotte Regional Realtors Association. "We think it holds landlords accountable."

The vote was 7-3. Mayor-elect Anthony Foxx and council members Michael Barnes and Warren Turner, all Democrats, voted against it. They wanted to expand the ordinance to require all landlords to register.

Council member James Mitchell was absent.

Mayor Pro Tem Susan Burgess, and Democratic colleagues Nancy Carter and Patsy Kinsey, joined the Republican minority in supporting the 4 percent compromise.

Council member Warren Cooksey, a Republican, said requiring all landlords to register would be like holding a principal accountable for a crime a student committed on school property.

But there were dozens of residents who attended Monday's debate, holding "FULL REGISTRATION" signs.

One was John Autry of the Coventry Woods homeowner's association in east Charlotte. He said his neighborhood is plagued by crime at nearby apartments, and said it made sense to give police the most accurate information.

"How can police chase all that down?" Autry said, referring to following a paper trail to identify a property owner. "There is no need to put a partial ordinance in place."

The ordinance calls for police to set up meetings with problem landlords to develop plans to improve their properties.

Failure to comply could result in fines of $50 a day for the first 30 days, $100 a day for the next 30 days and $500 a day for each subsequent day.

The ultimate penalty would be the city moving to revoke the landlord's ability to rent the property and collect rent.






City of Charlotte's Landlord Registry could be a useful tool


Most landlords aren't, but let's face it, some are do-nothing slobs. They don't care if tenants are nuisances or drug dealers or criminals who make the neighborhood a miserable place to live. Sometimes, especially if the property owner is an out-of-state corporation, a responsible party is tough to find and slow to act.

So the city's on the right track in studying a proposal to register landlords, so that police can find them more quickly and easily, set deadlines for improvement and issue fines if landlords don't clean up their act. The City Council heard a briefing on the proposal Monday.

Several council members were forthrightly in favor of such a measure, but others expressed concerns.

To be sure, there is reason to move carefully. For instance, the final ordinance should take care not to be punitive against landlords for crimes or police calls that occur on public sidewalks or streets that happen to be in front of, but not part of, a rental property in a high-traffic area. It's in no one's interest if the result is closing down – instead of cleaning up – affordable housing options for low-income Charlotteans.

Some question whether registering all landlords is needed, since only a small proportion cause problems. Mayor Pat McCrory said he wants to make sure the new registry is truly needed and that ownership information isn't already easily available through online databases. While that's a fair point, we suspect police investigators and attorneys have already checked that out. Certainly, it's not hard to find neighborhood activists all over the city to vouch for how hard it can be to find a property owner who doesn't want to be found.

Council members have rightly said they want more information from cities such as Houston, Raleigh and Pittsburgh that have successfully used the registries to reduce crime and disorder at rental properties.

But in the end, it's important, in dealing with multiple concerns from council members, not to let the proposal be so watered down that it becomes ineffectual.

Charlotte's had problems with rental housing for years. This ordinance won't be a silver bullet to vanquish all those problems. But, if crafted smartly, it could become an important weapon to help the city make a positive difference.






Desperate tenants living without heat in Bronx put out banners begging for help

Bronx tenants who haven't had heat or hot water for three months took the dramatic step of hanging giant banners out of their windows this week, begging for relief.

The residents of 2285 Sedgwick Ave. are forced to use crock pots to heat bathing water, shiver beside space heaters and face sky-high electric bills since a July fire knocked out their gas service.

"I don't know if I can keep taking it," said Jonathan Rodriguez, 26, who is wheelchair-bound and needs hours to get ready in the morning because of the lack of heat.

Tenants of the 54-unit building have repeatedly called the city's 311 hotline to report the problem, but gas service cannot be restored until the gas line to the building's boiler and hot water heater is repaired.

Following a tenants' press conference on Tuesday, the city Department of Housing and Preservation Development now has a contractor working to run a new gas line to the boiler. A spokesman said the Department of Buildings and Con Edison will need to inspect the repair before turning the gas back on.

"HPD will work to help expedite that process," a spokesman said in a statement.

Residents said the building's owner has had friends try to make the repairs, but their attempts haven't been successful. Phone numbers for Juan Romero, president of 2285 Sedgwick Realty Corp., which owns the building, had been disconnected.

State Sen. Pedro Espada (D-West Bronx) came to the building to support the tenants, who made sure their banners - including ones that read, "No Heat For Our Children. No Thanksgiving This Year" - can be seen by motorists speeding past on the nearby Major Deegan Expressway.

"I want to have a Thanksgiving dinner with all of you and all your families," Espada told them.

Socorro Ramos, 63, a recent widow who has lived in 2285 Sedgwick for 30 years, is one of the many residents hoping for a resolution - and quickly.

"You complain, you complain, you complain," she said, exasperated.

Miriam Agostini, 54, has lived in the building for 35 years and cares for her husband, who is diabetic and in remission for cancer. Without her stove, she struggles to cook healthy meals for him.

"It's pretty hard right now," she said. "I'm stressed."

Agostini keeps two crock pots going all the time to boil water for baths and dishwashing. She also frequently uses her George Foreman grill and hot plate, pushing her monthly electric bill to $700, she said.

"Sometimes I just go out and buy Chinese," she acknowledged.

Other problems in 2285 Sedgwick, including a broken elevator, predate the fire. According to HPD, 320 complaints have been made about the building in the past year.



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Sources: McClatchy Newspapers, Charlotte Observer, Charmeck.org, NY Daily News, Huffington Post, Google Maps