News: Brokerage

06-08-2015 - Westchester Landlords: Speak Out About Maintaining the Aging Rental Housing Stock – Public Hearings June 8, June 16, June 22

WHAT: The Apartment Owners Advisory Council (AAOC) is urging apartment building owners to speak out at three public hearings and meetings this June. Apartment building owners in Westchester County will face their toughest challenges yet as they gear-up for this year’s presentations before the Westchester County Rent Guidelines Board, and it is essential that landlords speak out about the issues that they face at hearings on June 8, June 16, and June 22. Carmelo Milio, chairman of the AOAC and an owner and manager of buildings in Westchester, urged landlords in the county to come out in support of their industry at the upcoming Rent Guidelines Board hearings and meetings. “I am calling on all responsible Westchester building owners to show-up, speak-out and convey your own personal stories about the challenges of providing and maintaining the aging rental housing stock in this county to the nine members of the Rent Guidelines Board,” said Milio. “Everything has become more costly and complicated in the ownership and management of apartment buildings in Westchester,” continued Milio. “Leases used to be simple and straightforward, water rates used to be low, major capital improvements – once approved and properly made – were never subject to retroactive scrutiny and challenge. These are among a litany of other concerns. Coupled with annual rent guidelines that often do not even meet the increases in the consumer price index, you have a recurring crisis in housing, year after year.” WHEN AND WHERE: June 8 at 7pm: Public Hearing at the White Plains City Hall, 255 Main St. June 16 at 7pm: Public Meeting at the White Plains Library Meeting Room, 100 Martine Ave. June 22, 7pm: Final Public Meeting at White Plains City Hall, 255 Main St. WHAT: The Apartment Owners and Advisory Council (AOAC) is comprised of apartment building owners, managers and allied businesses. The groups join together to protect their rights and the earning power of their properties. The association monitors realty issues on a local, state and national level. The AOAC is a council of the Building and Realty Institute of Westchester and the Mid-Hudson Region. CONTACT: For more information, landlords can contact The Apartment Owners Advisory Council of Westchester at 914-273-0730
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