NO to rent control. I should be able to screw over my tenants by however much I want! Especially if they're not of fair complexion! This rent control will severely limit my ability to discriminate against my tenants!
J
Joanna Radecki
6 years ago
I believe that rent control would be detrimental to the real estate investment market in Montclair. I am speaking as a former Montclair landlord & present tenant. The vast majority of landlords like to keep their properties updated & in good repair. They do not raise rents excessively, but when an apartment is greatly under market value & they invest substantially in updating a vacated unit, they should be allowed to adjust rent to reflect their additional investment & bring it up to fair market value.
P
Pilar Kennedy
6 years ago
No on rent control
S
Scott Kennedy
6 years ago
Folks! Is is the commercial rental properties that pay the bulk of the property taxes and School taxes, Rent Control = Much Higher Single Family property taxes... it is simple math folks.
G
Gerard Warren
6 years ago
Featured
I’ve been on both sides of this issue. Rent control hurts towns. Investors will not invest their money in the town with rent control. Bloomfield has rent control on over six units. Parts of Bergen county are falling apart because of rent control
P
Pamela Fabian
6 years ago
No to rent control.
D
David Gettings
6 years ago
This is how the owners pay for the ridiculous tax increase.
W
Will Hespe
6 years ago
A huge supply of rental inventory is coming online with several development projects; the market will regulate itself. Also, the historical preservation and zoning restrictions are further preventing a natural balance to market rents.
S
Suzanne Miller
6 years ago
Rent control is not the answer. Market dictates rent
A
Anonymous
6 years ago
No to rent control in Montclair
D
David Kanegis
6 years ago
Rent control is a naive policy and will lead to the ruination of our housing stock. There are better (admittedly difficult) solutions. No to rent control.
K
Keith Ballentine
6 years ago
No on rent control
J
John Serruto
6 years ago
Rent control, especially capped decontrol, will create a hardship for landlords since much of the inventory is old. Most competitive landlords are renovating when vacated for thousands of dollars. This will no longer be feasible with a cap.
K
Kate McDonough
6 years ago
NO to rent control.
S
Shuk Han Leung
6 years ago
Please do not force small landlords to exit Montclair!
J
Jeanne Falco
6 years ago
No - No- No
M
Mayeline
6 years ago
I do not want rent control in Montclair
B
Barbara Gargiulo
6 years ago
Please vote no to rent control
T
ted wickner
6 years ago
Text control with lower taxes
M
Michael Finer
6 years ago
I just wanted to share my thoughts on vacancy decontrol and why it is so important. I’ve work for Affiliated Management for the past 10 years. We manage 6 buildings in town and within those buildings we have 288 residential units. These buildings are older and the costs associated with maintaining and upgrading apartments is significant. These older units require major renovations, such as remodeling kitchens to accommodate microwaves and dishwashers, remodeling bathrooms, installing through the wall a/c units, which is a big project in itself, as it requires scaffolding for each install, and extensive electrical work to accommodate these upgrades. The costs to renovate a unit on average is $30,000+. Vacancy decontrol allows us to bring rents for those vacated units to market, which assists in paying off the costs to renovate. These older buildings also require a lot of upkeep. An example of a costly maintenance issue is brick pointing facades, which is sometimes needed as the mortar in the joints on the facades of these older properties have deteriorated over the years. A leak in a resident’s unit isn’t always a plumbing issue or a roof leak, but a facade issue and brick pointing is needed. If a cap was put on rents after a resident vacated, it would be a very difficult task to maintain these older buildings. My last point is that vacancy decontrol does not affect any of the current resident’s living in these buildings. Vacancy decontrol only allows us to bring these vacated units to market, which allows us to properly maintain these buildings.
NO to rent control. I should be able to screw over my tenants by however much I want! Especially if they're not of fair complexion! This rent control will severely limit my ability to discriminate against my tenants!
I believe that rent control would be detrimental to the real estate investment market in Montclair. I am speaking as a former Montclair landlord & present tenant. The vast majority of landlords like to keep their properties updated & in good repair. They do not raise rents excessively, but when an apartment is greatly under market value & they invest substantially in updating a vacated unit, they should be allowed to adjust rent to reflect their additional investment & bring it up to fair market value.
No on rent control
Folks! Is is the commercial rental properties that pay the bulk of the property taxes and School taxes, Rent Control = Much Higher Single Family property taxes... it is simple math folks.
I’ve been on both sides of this issue. Rent control hurts towns. Investors will not invest their money in the town with rent control. Bloomfield has rent control on over six units. Parts of Bergen county are falling apart because of rent control
No to rent control.
This is how the owners pay for the ridiculous tax increase.
A huge supply of rental inventory is coming online with several development projects; the market will regulate itself. Also, the historical preservation and zoning restrictions are further preventing a natural balance to market rents.
Rent control is not the answer. Market dictates rent
No to rent control in Montclair
Rent control is a naive policy and will lead to the ruination of our housing stock. There are better (admittedly difficult) solutions. No to rent control.
No on rent control
Rent control, especially capped decontrol, will create a hardship for landlords since much of the inventory is old. Most competitive landlords are renovating when vacated for thousands of dollars. This will no longer be feasible with a cap.
NO to rent control.
Please do not force small landlords to exit Montclair!
No - No- No
I do not want rent control in Montclair
Please vote no to rent control
Text control with lower taxes
I just wanted to share my thoughts on vacancy decontrol and why it is so important. I’ve work for Affiliated Management for the past 10 years. We manage 6 buildings in town and within those buildings we have 288 residential units. These buildings are older and the costs associated with maintaining and upgrading apartments is significant. These older units require major renovations, such as remodeling kitchens to accommodate microwaves and dishwashers, remodeling bathrooms, installing through the wall a/c units, which is a big project in itself, as it requires scaffolding for each install, and extensive electrical work to accommodate these upgrades. The costs to renovate a unit on average is $30,000+. Vacancy decontrol allows us to bring rents for those vacated units to market, which assists in paying off the costs to renovate. These older buildings also require a lot of upkeep. An example of a costly maintenance issue is brick pointing facades, which is sometimes needed as the mortar in the joints on the facades of these older properties have deteriorated over the years. A leak in a resident’s unit isn’t always a plumbing issue or a roof leak, but a facade issue and brick pointing is needed. If a cap was put on rents after a resident vacated, it would be a very difficult task to maintain these older buildings. My last point is that vacancy decontrol does not affect any of the current resident’s living in these buildings. Vacancy decontrol only allows us to bring these vacated units to market, which allows us to properly maintain these buildings.