New York Rep. has four rent-control apartments


	New York Rep. has four rent-control apartments

kelvin273

7-11-2008 6:09 AM

224 views

tags:

politics, corruption, rent, new york

kelvin273 says:

Even though I'm not a New Yorker, I'll take this as evidence that rent control should die a quiet death. It's really fun when you read about Rangel's villas in the Caribbean on top of these apartments.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/f02284db-f758-48f7-be3b-5e23006ee00f/86CECE1F-FB60-4A04-BB78-312BEF5D8355/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss" href="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss" style="font-size: 11px;">www.nytimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.nytimes.com/img/2BB2F196-384E-4412-8317-65C8C0A5AE52" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><P class="caption">
Alma and Charles B. Rangel’s Harlem residence, as shown in “Style and Grace: African Americans at Home” (2003).
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><div align="center"><img src="http://content6.clipmarks.com/blog_cache/www.nytimes.com/img/F7C126D4-3A74-4C6D-8B0A-4361B2BA0EB6" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><P class="caption">
The Harlem building where Representative Charles B. Rangel has four rent-stabilized units. 
</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss">While aggressive evictions are reducing the number of rent-stabilized apartments in New York, Representative <A title="More articles about Charles B. Rangel." href="http://topics.nytimes.com/top/reference/timestopics/people/r/charles_b_rangel/index.html?inline=nyt-per">Charles B. Rangel</A> is enjoying four of them</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><P>Mr. Rangel, the powerful Democrat who is chairman of the House Ways and Means Committee, uses his fourth apartment, six floors below, as a campaign office, despite state and city regulations that require rent-stabilized apartments to be used as a primary residence.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss">Mr. Rangel, who has a net worth of $566,000 to $1.2 million, according to Congressional disclosure records, paid a total rent of $3,894 monthly in 2007 for the four apartments </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nytimes.com/2008/07/11/nyregion/11rangel.html?partner=rssnyt&emc=rss"><P>The current market-rate rent for similar apartments in Mr. Rangel’s building would total $7,465 to $8,125 a month, according to the Web site of the owner, the Olnick Organization.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/86CECE1F-FB60-4A04-BB78-312BEF5D8355/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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