Upper West Side Rep. Linda Rosenthal has trumpeted that she has no interest in building any more market-rate housing for New Yorkers, but she is willing to pay only a fraction of the market price for landmark buildings. I have lived in a palatial, rent-stabilized apartment for 40 years. .
The Democratic chairman of the Assembly Housing Committee pays just $1,573.37 a month to live in a five-room pad on the third floor of the Capitol. st james court off Amsterdam Avenue, according to records reviewed by the Post.
“The brick and stone structure was designed in a Renaissance Revival style, with an upper façade studded with limestone balconies and scrolled keystones. . . . The residents of St. James Court were predictably wealthy. Ta.” A brief history of architecture From advocacy group Landmark West.
“Gorgeous building with elevator, super laundry and live-in facilities!” StreetEasy property description.
Boasting five rooms, Rosenthal I called you modestly. The apartment “has one bedroom and another small room, like a maid’s room.”
Similar five-room apartments in the building rent for $5,200 a month.
Rent stabilization in the Big Apple disproportionately helps wealthy older white Manhattanites like Rosenthal. According to 2019 analysis According to the Wall Street Journal.
Records show Rosenthal’s rent in 1985 was just $580.
She inherited an apartment from her grandmother, with whom she once lived.
She’s not shy about the place either, brag publicly The council’s official website describes living in rent-regulated spaces.
Rosenthal’s base salary as a member of Congress is $142,000.
She pockets an additional $12,500 for being chairwoman.
Ms. Rosenthal voted in favor of significant raises for herself and her colleagues in Albany in 2022.
And despite his high elected position and chairmanship, Mr. Rosenthal showed little interest in building new housing.
“Actually, I’m not really worried about unaffordable housing,” she told a City Hall delegation at a public hearing in December. “People with means can buy or rent anything they need in this city.”
The Adams administration is exploring ways to accelerate the conversion of unused office space into housing.
Albany lawmakers have balked at developer-driven transformations that don’t include large numbers of affordable units.
Meanwhile, developers say having too many affordable units would make the project unprofitable.
“This certainly shows that we need to eliminate rent stabilization for the wealthy. You know how they say tax the rich? I say we should raise rents for the wealthy. ” said Rep. Sam Pirozzolo (R-Staten Island).
Mr. Rosenthal defended his discount digging in a statement to the Post.
“Rent control has provided stability for me, my family, my Westside constituents, and millions of other New Yorkers for decades by protecting tenants from exorbitant rent increases and evictions. I am proud to serve the community where I grew up, and I will continue to do so.”This Congress, I will continue to support housing policies that protect all New Yorkers.”
