Gretchen Morgenson, assistant business and financial editor and columnist at The New York Times, and Ben Dulchin, deputy director of the Association for Neighborhood and Housing Development, discuss the impact of investment companies on New York’s rent stabilized housing stock. Then, Frank Ricci of the Rent Stabilization Association, representing landlords of rent-regulated buildings, and Rob McCreanor, director of legal services at the Immigrant Tenant Advocacy Project of the Catholic Migration Office in Sunnyside, Queens. Open Phones: Eric Gioia, Queens Councilmember (D-26), is holding hearings on this issue. Do you live in a building that’s recently been bought with venture capital, with landlords such as Vantage, Normandy Partners, The Dermot Company, Westbrook Partners or the Dawny Day Group? Talk to Councilman Gioia about your experience.
"As Investment Firms Buy Up Buildings, Tenants See Bullies" NYT, 5/9/2008