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Posted by SRO TENANT on May 17, 2000 at 08:51:49:

In Reply to: Re: SRO, TOO. BUT MORE BAD NEWS posted by SRO TENANT on May 17, 2000 at 08:39:02:

: : If you have not yet marked 6/15 on your calendar, do it now!
: : Operating expenses went up less than 1%, third year in a row, why should our rents go up more than that every year?

: : On June 15, Mr. Hochman's board will hold its annual
: : hearing: 900 minutes of complaints from 300 irked
: : renters and landlords. Despite the sob stories, Mr.
: : Hochman guarantees rent increases -- 3 and 5 percent
: : minimum, 5 and 7 percent maximum -- when the board
: : votes on June 22.

: : After it's over, he'll go home to his luxury doorman
: : abode and tell himself this: "You're a good boy, you
: : love your mother, you try and save furry animals,
: : protect the redwoods, so why is everybody angry at
: : you? It's the job, not you."



: The board gave preliminary approval to a 4 percent rent hike for SRO
: tenants and a plan that encourages hotel owners to continue chipping
: away at the dwindling but essential SRO housing stock. It voted to lower
: from 70 percent to 50 percent the number of rooms that SRO owners
: must rent to permanent tenants in order to get the 4 percent hike.

: The formula originally aimed to stem the loss of SRO rooms as owners
: convert their buildings to tourist hotels, shunning long-term tenants, who
: pay much lower rates than tourists. SROs are the city's cheapest private
: housing, a sort of barrier from shelters or homelessness. If last week's
: RGB vote prevails, landlords can charge higher rents even as they take
: affordable rooms off the market.

: Elizabeth Kane of the West Side SRO Law Project called the vote
: "unfounded" and "stunning." It's also baffling considering that SRO owners
: can make unregulated profits off tourists rather than permanent tenants,
: most of whom, according to a 1996 study, are employed but earn less
: than $10,000 a year. Nearly half of all SRO tenants live in poverty.

Dear Madam:

You wrote:

Could you please tell me what the proposed
guidelines for rent stabilized hotels are?

RGB: The proposed allowable level of rent
adjustment over the lawful rent actually
charged and paid on September 30, 2000
shall be:

1.Residential Class A (apartment) hotels -
2.Lodging houses - 4%
3.Rooming houses (Class B buildings
containing less than 30 units) - 4%
4.Class B hotels - 4%
5.Single Room Occupancy buildings (MDL
section 248 SRO's) - 4%

Except that the allowable level of rent
adjustment over the lawful rent actually
charged and paid on September 30, 2000
shall be 0% if:

Fewer than 50% of the residential units in a
building are occupied by permanent rent
stabilized or rent controlled tenants paying no
more than the legal regulated rent, at the
time that any rent increase in this Order
would otherwise be authorized.

Furthermore, the allowable level of rent
adjustment over the lawful rent actually
charged and paid on September 30, 2000
shall be 0% on any individual unit if the owner
has failed to provide to the new occupant of
that unit a copy of the Rights and Duties of
Hotel Owners and Tenants, pursuant to
Section 2522.5 of the Rent Stabilization
Code. :

The final guidelines will be determined on June
22, 2000.

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