A Rent-Stabilized Apartment on Central Park? Of Course He’s Staying

We need a high land value tax and allow more vertical building. The land value tax would impose a tax on the land and not the building so landlords will want to build up as many units as possible and want to rent out all of them because the land tax is the same regardless of the size of the building and vacancies just mean one fewer unit that pays rent to offset the tax Overall this tax will increase housing supply and lower rents for everyone! And there will be revenue raised we can use for all kinds of city improvements.

Won't the new landlord try to get Mr. Jarvis out by breaking him financially through their lawyers? That's always how Trump worked. Eventually people gave up fighting him.

Good for you Mr Jarvis! I don’t understand the critical comments. As a property owner and landlord in a small way all parties are best served when we know the rules, which by the way are made by neither the landlord nor the tenant. I see absolutely nothing untoward in Mr. Jarvis’ staying in his apartment. The landlord made a deal with the devil and, naturally, does not wish to keep it. The tenant’s deal with the devil is just fine. Just a different devil. ‘S

It's disgusting to me that Mr. Jarvis doesn't seem to be hurting for money yet he is paying pretty low rent given the size and location of this apartment. This is what's wrong with rent-stabilized places - they should only go to people who meet certain income requirements. He obviously could afford to pay more, but like most well-healed people try to get everything on the cheap. Kick him out.

Why shouldn't he be forced to move? He does not own the apartment or the building. He can afford more clearly. The owner of the building should be free, with proper notice, to get him out to convert to a Condo. He is not truly a Rent Stabilized tenant as was the last hoarder that lived there was. He paid a market rate rent. I am a Liberal, Democratic NYCite who has always believed in real affordable housing which should be always considered first in new housing builds. This has not really happened under this Mayor. He pretends to care about the working class in NYC. They are squeezed out more and more. This person is not middle class. Even a Rent Stabilized tenant can be forced to leave in a conversion. Why does it have to be so hard on the landlords who own the properties. Because they are the absorbers of the fight for affordable housing since the city does not do a proper job of it for their citizens. Landlords become the fall guys. The city should be starting new housing projects on city owned land and not making more money the city clearly does not need by giving the land to wealthy developers of luxury housing with no real thought to fair priced apts. This man should be out of this apartment, dead to rights for the landlord in this case. I am appalled at my city. There is plenty of money statewide and citywide for things NYers really need. The Governor and the Mayor could care less. Look at the lining of their own pockets. I am sick of it. All the corruption,unchecked.

This is exactly what’s wrong with Rent Stabilization.

You're rich if you can pay $2900/month for a one-bedroom apartment.

The elephant in the room is that he is stealing money from the landlord via unfair laws. Of course he likes the rent - he is paying far less than he should. He could afford a smaller place and that is where he should be. His "lottery winning" are off the back of the landlord.

3,000 a month is not exactly cheap.

Mr Jarvis works and pays taxes and his rent all of which contributes more to NYCs economy than empty units held by foreign nationals and investors parking their gains to diversity their personal portfolios.

Living for just about 80 years in this city I can tell you people will speak more easily about their sex life then the true amount of rent they pay in our city.

Another rental article the *Free-Rider Problem* fanatics can get behind. Let the feeding frenzy begin. Nice apartment and Ian sounds like a great guy to have as a neighbor.

This reminds me of when I lived in Stuyvesant Town many years ago and there was affordable and decent housing for the middle class. It was wonderful to live beside other families and meet in the park with other Moms and have play groups - a real community.

Mr. Jarvis did win a lottery. Which is no way to run a real estate policy that should be finding ways to create and encourage new supply and development while also having a coherent policy for affordable housing.

NY City and State needs to have some candidates run on an affordable real estate agenda. It is long overdue.

Anyone who pays market rent for their apartment should be outraged. This system of gifting sweetheart leases to a minority of renters (and no means testing to boot) makes housing more expensive for everyone else - this is undisputed by economists. “I like renting; I think the price is right” You like renting because legislators in Albany prevent you and your landlord from negotiating an arms length deal in which you both benefit. Law of unintended consequences. No such thing as a free lunch.

As a small landlord in NYC, I remember when J-51's were popular. I luckily decided not to participate, but was never told about the additional rent law restrictions. I don't believe there were understood at the time or landlords wouldn't have signed up.

Good for him, a fair rent for that apt., not rent controlled for $100 a month like in some area where landlords are gouged in the city or paying 7-10k a month for the apt. in other areas of the city where the tenant is gouged.