Author Archives: abogny

Keep the faith

Congratulations to Gail Badger, a Dean in our Registered in Apartment Management program, who received a doctorate in ministry from the New York Theological Seminary this week after presenting her dissertation on Faith-Based Property Management. The speaker for our May … Continue reading

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Ouch, Those Taxes Are Killer

You knew that tax bill hurt. The Furman Center at NYU just released an analysis showing that property taxes on apartment buildings are five times the taxes on similar 1-3 family homes in the City, and New York ranks second … Continue reading

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You’re Invited

You only have a few more days to sign up for your free pass to ABO’s BuildingsNY show at the Javits Center, coming up Wednesday and Thursday. Please join us for the keynote breakfast panel at 8:30 a.m. Wednesday and … Continue reading

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Certiorari Denied

The Supreme Court this morning denied certiorari in Harmon v. Kimmel, dashing industry hopes for a hearing next fall on the constitutionality of rent control. The Court made no comment on its reasoning.

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NOI, Vacancy Losses UP – Go Figure

We’re still waiting for the Supreme Court to decide whether it will even hear the Harmon challenge to rent control. The justices didn’t vote last week as scheduled and it is on the agenda for their conference again today. Net … Continue reading

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Waiting on Supreme Court

The US Supreme Court today postponed its expected decision on whether to hear a constitutional challenge to NY’s rent regulations. Harmon v. Kimmel, which was on last Friday’s conference calendar, was added to this coming Friday’s. The Justices tend to … Continue reading

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Water Flowing Up

Water rates could go up 7 percent in July under the schedule proposed by the Department of Environmental Protection. The average metered apartment bill would go up to $610 per year. Thirty thousand buildings still on frontage rates would be … Continue reading

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Budget Magic

The budget deal in Albany this week doesn’t fund Gov. Cuomo’s new Tenant Protection Unit at DHCR, but Assembly Housing Committee Chair Vito Lopez is happy that Gov. Cuomo will find the money internally anyway. New Energy Benchmarking reports for … Continue reading

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Cell ‘Safety’

Those radio waves from cell phone towers are safe…from liability. The Appellate Division, First Department, ruled in Stanley v. Amalithone Realty that health claims by tenants in a building neighboring one with an antenna were preempted by the Federal Telecommunications … Continue reading

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Redistricting etc.

This week’s big ugly compromise in Albany on redistricting, pension reform, DNA recordkeeping, and casino gambling – topics which naturally go together – created a new State Senate district in the Albany area that seems tailored for a local Republican … Continue reading

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