Tenants protest against rent hikes

Crown Heights tenants are protesting against a landlord who they say is pushing them out of their homes. Renaissance Realty Group bought the rent-stabilized buildings

Crown Heights tenants are protesting against a landlord who they say is pushing them out of their homes.

Crown Heights tenants are protesting against a landlord who they say is pushing them out of their homes. (5/21/15)

BROOKLYN - Crown Heights tenants are protesting against a landlord who they say is pushing them out of their homes.

Renaissance Realty Group bought the rent-stabilized buildings last year. Rent has gone up since, up to $2,000 for some.

"I went to the office to ask what's going on, basically telling me Crown Heights is the new Manhattan and he bought the building to make money," said resident Natasha Creese.

Landlords can legally raise rents because of a rent law loophole called "preferential rents." They can initially charge rents lower than stabilized rates to attract tenants.

When the neighborhood gentrifies, they can raise rents to market rates.

Landlords have to tell tenants about this loophole. Residents say they were never informed, so they are taking the case to court.

"We have a chance. I think we have a chance, we just have to come as a group. We have to come as one, not as individuals. We have to come as one to fight," said resident Shayna Estulin.

Assembly members were at the protest and told tenants they have passed a bill to close the loophole and are taking it to the governor to sign.

News 12 reached out to Renaissance Realty Group, which refused to comment.

advertisement | advertise on News 12

Trending Video

An 18-year-old boy who was shot and killed 1 Teen ID'd in fatal police-involved shooting
Catch 2 LI Winter: Theaters add extra shows for winter break
Nassau Police say they arrested a 23-year-old man 3 Police: Uber driver beaten unconscious by passenger
The former rookie officer was convicted for shooting 4 Group gathers to commemorate Liang trial
5 Neighborhood Brief for Feb. 19

advertisement | advertise on News 12

Features

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE