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New York

hrmjustin

(71,265 posts) Wed Sep 10, 2014, 04:38 PM Sep 2014

Seniors left out of rent freeze could get help

Joe Anuta

City Councilwoman Margaret Chin (D-Manhattan) is eyeing legislation to catch a number of seniors who fell through the legislative cracks earlier this year when the city and state expanded rent freezes to a cover a greater number of elderly tenants.

Ms. Chin plans to introduce a resolution Wednesday in the City Council urging the state to seek to bring a larger swath of the city's elderly into the Senior Citizen Rent Increase Exemption, or SCRIE, program, which offers landlords a property tax abatement in exchange for freezing rents of qualifying tenants.

http://www.crainsnewyork.com/article/20140910/REAL_ESTATE/140909833/seniors-left-out-of-rent-freeze-could-get-help

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