Dossier
rent hike
Coverage of rent hike in the Nexus archive.
- Real estate agent who callously preyed upon desperate fire victims learns fate in first of its kind case
A real estate agent named Kobeissi faced legal consequences for exploiting fire victims by imposing a 38% rent increase on a property in Altadena, as reported by a couple. This case marks the first of its kind addressing predatory practices in post-disaster real estate transactions.
- These Bronx residents face 31% rent hike, even as payments freeze on 1M stabilized units
Bronx residents face a 31% rent hike, while 1 million stabilized housing units have frozen payments. Tracey Towers, a Mitchell-Lama property, proposes a 15% first-year rent increase under a four-year plan.