Search Results for: Eviction Proceedings

Council Members Denounce HPD Efforts Against Predatory Equity

Predatory Equity

City Council Members seek to strengthen tenant protections from predatory equity landlords. On October 31, 2016, City Council’s Committee on Housing and Buildings held a five-hour public hearing on a complement of five bills, two of which related to predatory equity.

Since the mid-2000s and largely due to the housing bubble, predatory equity has become a metastasis on the New York City housing market. The predatory equity get-rich-scheme works as thus: private investment money is … <Read More>

Intro 214 “Right to Counsel” Bill Garners Citywide Support

If enacted into law, Intro 214 would make New York City the first municipality in the nation to provide free legal representation to low-income tenants in Housing Court.  On March 26, 2014, the “Right to Counsel” bill was introduced in the New York City Council by co-sponsors Council members Mark Levine and Vanessa Gibson.  The proposed law would provide free legal representation to low-income City tenants and homeowners earning income that is not in … <Read More>