Friday, November 22, 2013

Breaking News: No MCI Rent Bill Increases this December

Both the TA and CWCapital (PCVST Living) have released brief notifications stating that residents will not see the scheduled MCI increases in their December rent bills, increases which are postponed until January. Both parties say talks are ongoing between them, with CWCapital adding that the DHCR is also involved.

38 comments:

  1. Ain't that sweet. We'll get slammed in January with the new [bogus] increases. Happy New Year from Andy Mac and his crew.

    ReplyDelete
  2. Thank you to our dear benevolent Overlords.

    ReplyDelete
  3. Does that mean my retro rent when eventually implemented is going cost more?

    ReplyDelete


  4. Well WTF is the point of that? They're bogus and we all know it. What is the difference if they charge us now or in January.

    DISGUSTING practices. And NO ONE DOING a damn thing about it.

    ReplyDelete
  5. This is the first time I can recall that CW has worked with the TA. Am I incorrect?

    ReplyDelete
  6. I don't know if "worked with" would be the correct expression, but I'm sure they have had talks before.

    ReplyDelete
  7. Sounds like they're just delaying the hour at which Titanic will hit the iceberg, but hit it it certainly will.

    ReplyDelete
  8. Not sure what 6:07 AM's comment is all about.

    DHCR made MCI rulings that were bad for us tenants. The TA hired a law firm specializing in this stuff to represent us before DHCR and then in court if it comes to that. Our attorney got DHCR to rescind and reconsider the original Orders to pay the MCI rent increases. DHCR said that while its reconsidering, we'll have to start paying those increases. Our attorney met with their attorney and they negotiated a no MC rent increase in Dec for us.

    How that translates into "NO ONE DOING a damn thing" leaves me scratching my head. Apparently nothing short of magical elves waving wands to make everything bad go away is acceptable to some people.

    ReplyDelete
  9. I suspect it's because their lousy, incompetent account department haven't got the figures ready yet. This isn't a gesture of good will, it's a cover up for their incompetency. The entire CW/CR reeks of incompetence, greed and total contempt for the tenants. I wish they would just GO AWAY!

    ReplyDelete
  10. "And NO ONE DOING a damn thing about it."

    Where you at the TA PS 104 MCI meeting? Did you volunteer to distribute pledge forms? Did you sign the pledge form? Did you input your MCI docket numbers to the TA webpage? Yes?

    ReplyDelete
  11. They'll just have us all 'PAY MORE' in the end…..

    ReplyDelete
  12. To anyone who lives in Stuy Town, move out. I lived in Stuy Town for 20 years, moved out last fall and could not be happier. My landlord doesn't abuse me financially and my building isn't overrun with college kids. I no longer have the steady stream of leaf blowing, rock concerts and back hos keeping me company during the day. My only regret is I wish I left sooner. It's not going to get better. The trend is it's only getting worse and, like being in an abusive relationship, it chips away your well being. But you don't realize it until after you've settled into a new normalcy. I wish everyone the best but consider leaving this tragedy.

    ReplyDelete
  13. CW made a big mistake riling up the community...but that was good for us on 3 scores. First, CW saw firsthand what this place can be like when angered. Second, having the community reacting out loud gave the TA leverage...because when CW goes to sell this place to a developer, it's not good for bidding if developers see the community as a lot of trouble & headaches. The investor Byron Wien was quoted saying among other reasons, he wasn't interested in bidding for STPCV because of contentious tenants. Third, we can see the kind of leverage we have when we make noise together.

    ReplyDelete
  14. All these increases will just make the inevitable condo conversion look more affordable. As the optimist said while the Titanic was sinking, "At least we're in first class."

    ReplyDelete


  15. LOL. I love the posts from those who have left, moved out.

    They post how great their new landlord is, how nice the apartment is, but never EVER say where.

    If you want to advise or help us, tell us where exactly. We've been looking for a new home for months. SLIM PICKINGS and this THIS is the reason we are still here. ?

    ReplyDelete
  16. "To anyone who lives in Stuy Town, move out. I lived in Stuy Town for 20 years, moved out last fall and could not be happier. My landlord doesn't abuse me financially and my building isn't overrun with college kids. I no longer have the steady stream of leaf blowing, rock concerts and back hos keeping me company during the day. My only regret is I wish I left sooner. It's not going to get better. The trend is it's only getting worse and, like being in an abusive relationship, it chips away your well being. But you don't realize it until after you've settled into a new normalcy. I wish everyone the best but consider leaving this tragedy."

    I, like you, have lived in this project for quite a long time. I agree with much of what you say. I too, will leave as soon as possible, extremely agreeable rent not withstanding. Unfortunately, for me, I have to stay for around 7 more years. However, I take solace in the fact that I will not be freeing up and apartment for these bandits until that time. I truly wish I never experienced how Stuyvesant Town was before the Met Life sale. It would have made dealing with the dump it's become much easier.

    ReplyDelete
  17. Sunday evening: CWock (my conflation) has posted a notice on the vestibule door, announcing the delay in MCI charges (same message as their email, including "with respect."). At first I thought it was another work permit--my building has five posted.

    ReplyDelete
  18. I am the person who left the comment about my move. I found my apartment on StreetEasy.com.

    ReplyDelete
  19. Agree with 7:22. Prior to the sale we were a community. Now we're just a piece of real estate. 7 turbulent years.

    ReplyDelete


  20. You found your apartment on street easy. You may have paid a broker and you may be living on Long Island.

    No offense, we know there are other apartments. We've been looking for months. Are you in Queens? Where EXACTLY do you find decent apartments here?

    ReplyDelete
  21. Ken from Ken's KitchenNovember 25, 2013 at 11:13 AM

    Just a guess 6:09 AM, but the UES has much more for less rent-wise than most other Manhattan neighborhoods because kids don't want to live there these days.

    ReplyDelete
  22. So you're saying I can find a two-bedroom on the Upper East Side with utilities included for less than $2,000 a month? Please, no walk-ups either. I need an elevator. Thank you!

    ReplyDelete


  23. How would we find out the 'LEGAL rent' or prior rent on our rental here?

    ours is a just renovated apartment that had been with one tenant (prior) for decades. Thank you.

    ReplyDelete
  24. So you're saying I can find a two-bedroom on the Upper East Side with utilities included for less than $2,000 a month? Please, no walk-ups either. I need an elevator. Thank you!

    Is that what you're paying here? If so then no, you probably won't do better in Manhattan. Last I heard, market raters were paying significantly more to live in this housing project. If you are paying under 2 grand for a 2 bedroom then the move to make, I guess, is to pray for a conversion, buy in, and dump it as soon as you can and roll the proceeds into a habitable abode.

    ReplyDelete
  25. >>How would we find out the 'LEGAL rent' or prior rent on our rental here?<<

    There's info here:

    http://www.housingnyc.com/html/resources/faq/rents.html#previous

    Someone may have a more direct link.

    ReplyDelete

  26. Apartments around the 'area' and UES are not cheaper. Possibly more peaceful, but you do KNOW that we have a major housing shortage here. Seriously low inventory = the bottom line. :(

    ReplyDelete
  27. Notwithstanding these outrageous "MCI" charges and all the destruction and misery CW has inflicted on our community, they still have the unmitigated gall to stuff the rent bill envelopes with ads for their crappy commercial activities and their "incentive" for bringing in new tenants. I would never, ever, under any circumstances spend any of my money on their out-of-place commercial enterprises and there is no one whom I hate enough to try to get them to rent here. I warn people against ever renting here and feel I have done a good deed in doing so.

    ReplyDelete
  28. Just got the latest outrageous email from CW: The Season for Giving. You know what I'd like them to give me? A CLEAN, FUNCTIONING LAUNDRY ROOM. Per the email, they have time and money to participate in City Harvest and Toys for Tots, do a Christmas tree lighting and a menorah lighting, set up a "special new mailbox" for Santa in Oval Concierge (adults can participate too!), and arrange for Christmas tree sales in the Oval, BUT THEY CAN'T FINISH THE BASEMENTS.

    ReplyDelete
  29. Everybody should read the Salon article that appears in the news items column on this blog. It is about how Wall Street is into the business of being slumlords and many of the renters are the same people these Wall Street devils caused to lose their homes. There's a special place in Hell ....

    ReplyDelete
  30. You know what I'd like: A decent stable rent that doesn't get increased by 20% at their leisure.

    Terrible how this management treats decent tenants.

    ReplyDelete
  31. What if EVERYONE refused to pay the MCIs?

    Just wondering.


    ReplyDelete


  32. Dumb question I know.. but isn't everyone 'stabilized' now>

    So even if a tenant is paying $5k a month for an apartment, what is the renewal rate? Isn't it 4 or 6% across the board?

    TIA

    ReplyDelete
  33. Everyone is in a rent-stabilized apartment. The landlord can raise the rent upon renewal at 4 or 6%, depending on the length of your lease.

    ReplyDelete
  34. Can someone please explain how everyone is now RS. Is it because of something related to the Roberts Case ???

    ReplyDelete
  35. Yes, the Roberts case resulted in all apartments here becoming rent-stabilized.

    ReplyDelete
  36. does anyone know how much the increase will be for the dec rent? Will we be offered a chance to break our lease and leave like folks who had the option earlier this year. If given the option, I'd leave stuy town asap.

    ReplyDelete
  37. does anyone know if i can break my (market rate apt.)lease because of MCI increase on rent bill

    ReplyDelete

Comments have to await approval by the administrator of this blog to be published. Comments that insult another commentator, or that cross a line the administrator is not comfortable with, will not get approved.