‘Enormous’ Rent Hike Proposed for Clinton Towers Sparks Outrage

July 24, 2024 | John Mudd

(DNAINFO) Lisha Arino | December 21, 2015 — Tenants at a Hell’s Kitchen apartment complex for middle-class residents are fighting an “enormous” proposed rent increase they say grew out of the landlord’s poor spending habits.

Residents of the Clinton Towers complex on West 54th Street and 11th Avenue, which is part of the city’s Mitchell-Lama program that provides affordable housing to moderate- and middle-income families, are facing a 20 percent rent hike over the next two years.

Tenants and politicians claim the proposed hikes — which could increase some tenants’ rents by more than $300 per month — are unreasonable and stem from bad money management by the owners.

Source: ‘Enormous’ Rent Hike Proposed for Clinton Towers Sparks Outrage – Hell’s Kitchen & Clinton – DNAinfo.com New York

Related Articles

Economic

Child poverty worsens in NY while nation improves, state comptroller reports

Read More
Economic

NYC rents are rising 7 times faster than wages, report finds

Read More
Economic

US Affordable Housing Policy Works for Wall Street and Rich Developers, Not Renters

Read More

Make NYC a better place –
sign up for our newsletter!