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New York City’s Most Famous Rent Stabilized Tenant – Part VI
October 8, 2009 by Neil · 2 Comments
To NYT’s credit, it has been out in front in investigating Congressman Charlie Rangel’s misdeeds.
You can track Multifamily Investor’s keen interest in the man we’ve dubbed “New York City’s Most Famous Rent Stabilized Tenant” here:
Part I
Part II
Parts III & IV
Part V
Today, columnist Gail Collins’ sharp wit drives the point home: “Whenever a powerful committee chairman has so many problems that you need a timeline to keep all the allegations straight, he is a liability. When those problems 
revolve around things like failure to pay taxes, it is not a good plan to have him be in charge of tax policy.”
With so many illegal sublets of rent-controlled apartments, it is hard to convince those tenants to stop subletting when a United States Congressman holds down four rent-stabilized apartments in open defiance of rent regulation law.
In order to fight corruption, either at the most granular level, or the highest reaches of power, we need both transparency and accountability (click here for the connection among Ikea, multifamily developers, and the banking system). With Rangel’s record now out in the open, we have more transparency. Good citizens should now demand accountability.
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Check out what others are saying about this post...[...] unit is a matter of luck, not economics. In fact, readers of this site are well-acquainted with New York City’s most famous rent-stabilized tenant. Rent regulation does not protect those who live in undesirable apartments that have frequently [...]
[...] You can track Multifamily Investor’s keen interest in the man we’ve dubbed “New York City’s Most Famous Rent Stabilized Tenant” here: Part I Part II Parts III & IV Part V Part VI [...]