Comment Policy

All comments to posts have to await approval. Please be aware that, depending on when I'm logged onto the internet, it may take me hours, even longer, to moderate comments, so if they don't turn up in a speedy fashion, they are still in the queue. Comments that cross a line I'm not comfortable with will not get approved. NOTE: Comments reflect the opinions of the person writing them and should not be assumed to reflect the opinion of the blog.

Sunday, June 2, 2013

NOT HAPPENING, BUT... The Concept of Raising Rents On Everyone Because of "Financial Hardship"???


Okay, calm down.  It's not happening.  In another instance of a post on the TA Facebook opening up a new concern for tenants, we find out from someone who has been having discussions with the leasing office, this:

"The woman explained that if CW would go to a judge and the judge grants them legal right to raise rent [mid-lease] I will be bound by that decision - one of the reasons is financial hardship."

The very fact that the woman at the leasing office stated "financial hardship" as a reason to raise rents mid-lease suggests that the idea is out there.  How seriously has this idea been considered?  That I don't know, and perhaps, hopefully, the woman was just speaking off the top of her head and not revealing a landlord's potential or even speculative plan.  If she was speaking off the top of her head, her boss should admonish her for even suggesting such a concept and potentially traumatizing all the tenants here.

I think if any landlord of this place tried to raise rents due to "financial hardship," there'd be such an uproar and revolt that New York City would have an earthquake or two.  No landlord should even think of stepping in this direction.

18 comments:

Anonymous said...

You just almost gave me a heart attack, STR! I'll send you my doctors' bills if you put me into cardiac arrest with a headline like that!

If they ever did that, I would simply not pay the increased rent and they would have to put me through the courts and evict me. I don't really care about my credit rating at my time of life and they would NEVER recover their money from me. Can't get blood out of a turnip!

Anonymous said...

That financial hardship clause is in the DHCR rider that is with every new lease. The landlord has to be in dire straits and not be able to keep the lights on. Digging up flowerbeds and replanting over and over and over again is evidence of having too much money on hand and not knowing or caring how to spend it wisely. They would never get away with that "hardship" shit and they would dig their own graves because we are so fed up of their bullshit that they would really have a rent strike and/or have to do mass evictions.

Stuy Town Reporter said...

Mass evictions, particularly of the old time tenants, would probably be very welcome by the landlord. A major problem solved. All apartments "renovated," rents now at market rate, etc.

Look, I don't think there is any way that CWCapital could do this, but would we put it past them to try IF they could?

Stuy Town Reporter said...

>>You just almost gave me a heart attack, STR!<<

Well, a strong headline, for sure, but I did alter it for the health of everyone's heart. ;-)

Anonymous said...

It's not a financial hardship when it's self inflicted. The courts will tell them to declare bankruptcy and suck it up. Life (and business) doesn't work like this. You can't get into hock over your head and then declare financial hardship. (although judging by the Bank Bailout, maybe you can ?)

Anonymous said...

The only financial hardship they could possibly allege would be due to investing in this complex at way too high a price and thus the cost of the money borrowed was major. I cannot fathom that any judge would grant a rent increase caused by the stupidity of the owners in overpaying for the property.

Anonymous said...

DO NOT PUT ANYTHING PAST THIS BUNCH OF SCUMBAGS THAT RUNS THIS PLACE.

Anonymous said...

Don't waste your time waxing about the ramblings of a clerk. Keep your eye on the lowlifes at the top and on their next moves.

Anonymous said...

There's there is a lady on the TA Facebook who is having nothing short of a complete breakdown over all this. She is distraught. As horrible as it may be, it is not the total end of the world. I keep thinking about that poor little girl in Brooklyn who had her spine severed by a gang banger's bullet. At 11 years of age she is paralyzed from the neck down. Now, THAT is catastrophic. It doesn't make our situation any better, but it lends a little perspective.

Anonymous said...


Same thoughts exactly. Let's keep in perspective. THERE ARE plenty of other GREAT places to live in nyc, this is not the endall.


& certainly NOT CANCER people.

Anonymous said...

The problem here is that the unimaginable has already occurred. I put nothing too low regarding Campus Rock

Anonymous said...

IT SHOULD BE LAW THAT ANDREW MACARTHUR AND SEAN SULLIVAN LIVE ON TGE OROPERTY LIKE MET LIFE USED TO DO WHEN STUY TUWN WAS STULL A NICE PLACE TO LIVE AND NIT THE STUDENT SUMMER SESS PIT IT IS TODAY. ANDREW NACARTHUR AND SEAN SULLIVAN SHOULD BE FORCED TO WORK PUBLIC SAFERY ON THE QEEKENDS LIKE TGE TWO CAR54 CLOWNS TGWY ARE SEE FIRST HAND THE PARTIES WHETE STUDENTS RELIVE THEMSELVES IN THE HALLS BECAUSE THE ONE BATHROOM CAN'T ACCOMODATE TGE LONHG LINE OF SORROTY BIMBOS AND THE APES THEY KEEP COMPANY WITH. LAT WEEKED THEY WERE HAVING SEX IN THE STAIRWELL OUTSIFE MY DOOR. OH! OH! OH! - OH SHUT THE F---UP IS WHAT I SAID TOVTGEM AND SCARED THEM AWAY. WHERE DO I LIVE IN SEX CLUB OR AN AOARTMWNT BUILDING SONETIMES IT'S HARD TO TELL WITH ALL OF TGE DUSGUSTING STUDENTS I SEEXWALKING AROUND HERE WITH OPEN CONTAINERS IF LIQOR AND TGEIR TOOS BARELY COVERING YHEIR BIDIES AND TGE THONG IN THE TREE INBTHE OVAL. WGERE IS PUBLIC SAFETY I ASK YOU THEY ARE NEVER ABYWHERE TO BE FOUND BUT IF YOU DROP A BOX OF DONUT HOLES OUT THEY COME WADDLING. THEY ATE USELESS BECAUSE A FISH ROTS FROM THE HEAD AND ALL POOLS OF VOMIT LEAD BACK TO ANDREW MACARTHUR AND SEAN SULLIVAN WHO MAKE STUY TOWN HELL ON EARTH SOON TO BE A FILL VACANCY HELL BECAUSE TGEY ARE EVICTING 1,300 FAMILIES WHO CAN'T ADFIRD A 5,000 ONE BEDROOM APARYMENT IN THIS FESTIRNG HELL HOLE. THIS USED TO BE A NICE PKACE TO LIVE NOT ANYOMIRE DO NOT RENT HERE BECAUSE YOU ARE NOT SAFE IN YOUR IWN HOME. THANK GOD TGE OEIPLE WHO WERE ROBBED WHEN ANDREW MACARTHUR GAVE OUTVTHE MASTER KEY DID NIT RUN INTO THE BURGALERS. WHO KNOWS WHATXWOULD HAVE HAPPENED. A HOMICIDE. A HOMICUDE IN STUY TOWN WOULD HAVE HAPOENED AND ALL THANKS TO ANDREW MACARTHUR AND CWCAPIYAL.

Anonymous said...

CAPS, please pull yourself together and learn how to spell, or at least use the keyboard in a coherent manner. You are right on the money in what you say, but you detract greatly from your message by making it seem like the rantings of an illiterate.

Anonymous said...

Well said Anoymous;! at 7;34 pM> Oh the leasing dickweeds should walk a mile in my sloppers on a work-nite when the smoke from the boings that floats from the kids upsteris inyo my pacious bedroom that easily accommodate a king size bed and blows my mint esp because its over %5,00/mo . Plus. where are MY loud late nite sing=aling dance partys playing "Kisses on the Bottom" over and over in chacha heels or whaever on the classicly finnished floors like the kids upsteird. What amI.? A total looser?

Anonymous said...

Has anyone seen the list of fees they want to charge people who move out and don't leave the apartment in EXACTLY the same condition it was in when they moved in? It's ludicrous! I would rather eat shit than pay any of these charges. They can take me to court and sue me up the wazoo! Broom clean is how my apartment will be left. The cleaning and paint is their responsibility. Sheesh! they'll expect us to go wipe Sean Sullivan's butt clean next!

Anonymous said...

If an idiot wants to pay more for an item than its worth, you let them. Now to complain a financial hardship to recoup losses! Where does it end, I over tipped at the strip joint, I need to recoup my losses. The horse I bet on should have won, I need to recoup my losses.
How do we reward ineptitude, mainly by not holding anyone responsible!

Anonymous said...

7:55 am. You just made my day.


rofl rofl rofl

Anonymous said...

CAPS shouldn't proofread. Those passionate thoughts shouldn't be edited. We get the message and it seems CAPS speaks for a lot of us.