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Tuesday, May 14, 2013
Rent Shocker for Roberts Settlement Tenants
Judging by comments on today's TA Facebook page, tenants who were part of the Roberts settlement are getting quite a shock with the new rent bills they are receiving. It seems that one of the agreements in the settlement accepted the right of the landlord, CWCapital, to raise rents in the middle of a lease, and that is precisely what the landlord, showing complete disdain for its market-rate paying tenants, is doing, from hundreds of dollars to over a thousand! Anyway this is clearly an outrage, but one that the lawyers on both sides were aware of and signed onto. That the lawyers on the side of the tenants agreed to this is bewildering, frustrating and surely infuriating.
Couples and families are now faced with the near immediate prospect of paying a higher rent next month, in some case $1,000 and more, or moving out, while paying the higher rent until they find another place to reside.
Councilman Dan Garodnick is quoted as saying: "CW Capital has the right to raise rents in the middle of the lease term once this settlement is final. While this may become their legal right, any effort to raise rents on residents during their current leases will be met with sure and certain opposition from the entire community, the local elected officials, and the broader community of tenant activists."
What? Garodnick, a lawyer himself, didn't see this coming??? A lot of us non-lawyers on the sidelines predicted that the Roberts settlement was going to be a win-win for the lawyers and, ultimately, for CWCapital.
A tenant lawyer on the Roberts case pours salt on the wound with this comment: "Because the notices of increase are based on the terms of the class members' leases we cannot provide advice on the issue as part of the Roberts case. Instead, class members should contact CW's leasing office directly regarding these notices. We have been informed that CW has set up a hotline for any questions regarding the notices, 212-253-3670."
UPDATE: Even though I have serious concerns about how some newer market-rate paying tenants consider the old timers here ("leeches" who aren't paying their "fair share"), I think all of us should stand together and voice our strong displeasure and anger at the outrageous raising of rents mid-lease. Some rents are being hiked up over $1000!
The TA is asking the people affected to contact it via its Facebook page:
While the Town & Village newspaper is requesting similar contact on its page:
or by calling T&V at (212) 777-6611 x104
THE TIME HAS COME TO MAKE SOME SERIOUS NOISE!!!