NY Sun: Paterson Pays A Stabilized Rate of Rent
The governor of New York pays about $1,250 a month for a two-bedroom, rent-stabilized apartment in central Harlem, even while owning a home upstate in Guilderland and having unfettered access to the 40-room Governor’s Mansion in Albany.
Governor Paterson and his wife, Michelle, made about $270,000 last year, according to their tax returns.
This is a classic example of hoarding. He should be ashamed of his Lenox Terrace apartment that someone would gladly pay market rate to rent, but seems to think it’s ok.
Can’t we at least deregulate apartments when the inhabitant can afford to live in a market-rate apartment? I hope the media pays attention to this, and properly scrutinizes the dark-side of rent regulation.
Kara says
May 16, 2008 at 5:59 pmagreed. these laws should be abolished.
Kara says
May 16, 2008 at 5:59 pmagreed. these laws should be abolished.
prevention_addiction says
September 30, 2009 at 9:54 amThat's the great article! I just pass 'n read it, two thumbs up! 😉
Anonymous says
October 23, 2009 at 7:27 amApartments Barcelona – Interesting article to read! Why don’t you make sure, you have enough money to secure a good apartment in Barcelona?
HouseMaster says
October 25, 2009 at 10:21 pmSuch things make me feel like a stupid person for electing some of these clowns that rule our country. I mean, ome of them don't even the least common sense to behave like political leaders which an entire country looks at and expects, but expects things that aren't going to happen.
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Investing in Property
Manhattan Rental Expert says
March 2, 2010 at 10:15 pmPoint well made about NYC Apartments in Harlem ! There should definitely be better regulation over rent control.
Manhattan Rental Expert says
March 2, 2010 at 10:37 pmYou make a very good point. It isn't fair for Governor Paterson to be taking advantage of the rent control of NYC.
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Manhattan Rental Expert
dragos_ionut2004 says
May 13, 2010 at 6:29 pmI have to agree that this is a bit annoying, given the fact that rent controlled apartments are so hard to find. But, luckily, I found something on the internet that helped me find New York NY apartments.
telavivvacationapartment says
March 8, 2011 at 12:26 pmjust like that vacation apartment that i want to stay in,, a stabilized and peaceful one .. where you are sure that no one would harm you … http://www.telavivapartments.net
online casino games says
March 19, 2011 at 7:10 pmat least deregulate apartments when the inhabitant can afford to live in a market-rate apartment? I hope the media pays attention to this, and properly scrutinizes the dark-side of rent regulation.
New York No Fee Apartment list says
March 28, 2011 at 8:30 amHi,
Its great post guys about that NY Gov. Patterson’s Rent-Stabilized Apartment in Harlem, really nice work, I glad to come in your site.
Thanks
Luxury Real Estate says
August 20, 2011 at 3:49 pmGood to know that this topic is being covered also in this web site.
Cape Coral Properties says
September 6, 2011 at 3:14 pmJust wanted to respond. I had a great time reading this, Outstanding post over again.
Las Vegas Luxury Homes says
September 7, 2011 at 3:25 pmThanks a lot for posting. The information is really helpful with my research. I am working on a research about this guy.
Cape Coral Rental Management says
September 7, 2011 at 5:15 pmKind of person like this always think me about. They are living unequally.
Foreclosures says
September 8, 2011 at 5:09 pmAbusing their position to do whatever they wants. What they are doing? People are always watching them to inspire not to disappoint.