• Latest
  • Trending
  • All
  • News
  • Lifestyle
New Yorkers paying thousands to live in luxury condos slam landlords who refuse to lower rents and offer free jigsaw puzzles to replace closed pools instead thumbnail

New Yorkers paying thousands to live in luxury condos slam landlords who refuse to lower rents and offer free jigsaw puzzles to replace closed pools instead

July 20, 2020
Republicans Fear Abortion Ruling Will 'Bail the Dems Out' in 2024, Midterms thumbnail

Republicans Fear Abortion Ruling Will ‘Bail the Dems Out’ in 2024, Midterms

June 26, 2022
Google memo on end of Roe v. Wade says employees may apply to relocate 'without justification' thumbnail

Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’

June 26, 2022
Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League thumbnail

Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League

June 25, 2022
Why the US Army wants an ‘aerial tier network’ for better communications thumbnail

Why the US Army wants an ‘aerial tier network’ for better communications

June 25, 2022
Early Liver Disease Detection Linked to Subsequent Lifestyle Improvements thumbnail

Early Liver Disease Detection Linked to Subsequent Lifestyle Improvements

June 25, 2022
Jupiter scientists need your help hunting for storms in stunning photos thumbnail

Jupiter scientists need your help hunting for storms in stunning photos

June 25, 2022
Ex-Trump aides say six House Republicans sought pardons after Jan. 6 thumbnail

Ex-Trump aides say six House Republicans sought pardons after Jan. 6

June 24, 2022
Oil CEOs come to Washington as Biden looks to shift blame for gas prices thumbnail

Oil CEOs come to Washington as Biden looks to shift blame for gas prices

June 24, 2022
Why Biden can't bring gas prices down thumbnail

Why Biden can’t bring gas prices down

June 24, 2022
Proposed insulin price cap poses test for Dems thumbnail

Proposed insulin price cap poses test for Dems

June 24, 2022
Senators release bill targeting insulin prices thumbnail

Senators release bill targeting insulin prices

June 23, 2022
The US Economy Is Headed for a Hard Landing thumbnail

The US Economy Is Headed for a Hard Landing

June 23, 2022
  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate
Sunday, June 26, 2022
66 °f
Wellfleet
58 ° Tue
63 ° Wed
68 ° Thu
61 ° Fri
  • Login
  • Register
FREE Cape Cod News
DONATE
  • FREE Cape Cod News
  • News
    • News
    • Cape Cod News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
No Result
View All Result
Free Cape Cod News
No Result
View All Result
  • FREE Cape Cod News
  • News
  • Politics
  • Business
  • World
  • Entertainment
  • Lifestyle
  • Photos
  • Videos
Home Cape Cod News

New Yorkers paying thousands to live in luxury condos slam landlords who refuse to lower rents and offer free jigsaw puzzles to replace closed pools instead

FREE Cape Cod News by FREE Cape Cod News
July 20, 2020
in Cape Cod News, News
Reading Time: 3 mins read
Donate
0
New Yorkers paying thousands to live in luxury condos slam landlords who refuse to lower rents and offer free jigsaw puzzles to replace closed pools instead thumbnail
634
SHARES
1.4k
VIEWS
Share on TwitterShare on Facebook
  • Wealthy residents who stayed in their luxury apartments are finding no luck asking for rent reductions, Bloomberg reports.
  • Some argue that since the amenities which drew them to the high-end buildings are closed, they shouldn’t have to pay full rent.
  • New York City rents have started to fall as the pandemic continues to sweep through the nation.
  • Visit Business Insider’s homepage for more stories.

The ultrawealthy residents of some of NYC’s swankiest apartment buildings want a discount on their rent, Bloomberg’s Britton O’Daly reports. 

This is because the pandemic has shuttered many of the luxury amenities that attracted them to these apartment buildings in the first place — the saltwater pools, arts and crafts rooms, and bowling alleys, to name just a few.

O’Daly reported that residents at one condominium building, 50 West, have been asking for a reduction of their monthly common fees, which can run up to $12,500 a month. 

And though Time Equities, the developer of 50 West, has refused residents’ requests, Seth Coston, director of condominium operations, told Bloomberg that the building did bring on extra cleaning staff and implement other cleaning amenities. The building also has been screening movies and giving out free puzzles to the residents who remain in the building in an effort to “replace” some of the unavailable perks.

Another luxury building, QLIC, is also dealing with outcry from its wealthy residents. After backlash in a Facebook group for the building, QLIC began offering two months free rent to those who signed a new lease, but current residents who have also applied for the offer say they’ve been rejected, O’Daly reported. 

Not all luxury buildings are refusing rent reductions. On July 17, Bloomberg’s Oshrat Carmiel reported that some NYC landlords are starting to cut rent, but mostly those located near office spaces that have since cleared out as non-essential work remains largely remote.

While some wealthy individuals stayed in New York City during the pandemic, Business Insider has previously reported on how many fled to second homes in places such as the Hamptons, Cape Cod, and Nantucket, to mixed reception from year-round local residents.

Read the full story on Bloomberg »

LoadingSomething is loading.

FREE Digital Newspaper Subscription!
Sign up for your free digital subscription. The FREE Cape Cod News

Unsubscribe
FREE Cape Cod News

FREE Cape Cod News

Free Cape Cod News is what's happening in the Cape Cod, U.S and World & what people are talking about right now. Local newspaper. Stay in the know. Subscribe to get notified about our latest news.

Related Posts

Republicans Fear Abortion Ruling Will 'Bail the Dems Out' in 2024, Midterms thumbnail
News

Republicans Fear Abortion Ruling Will ‘Bail the Dems Out’ in 2024, Midterms

by FREE Cape Cod News
June 26, 2022
Google memo on end of Roe v. Wade says employees may apply to relocate 'without justification' thumbnail
News

Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’

by FREE Cape Cod News
June 26, 2022
Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League thumbnail
News

Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League

by FREE Cape Cod News
June 25, 2022
Why the US Army wants an ‘aerial tier network’ for better communications thumbnail
News

Why the US Army wants an ‘aerial tier network’ for better communications

by FREE Cape Cod News
June 25, 2022
Load More
Please login to join discussion

Follow Us on Twitter

FREE Cape Cod News - Your source for local Cape Cod news, latest breaking U.S. and World news. Every day, all day. Subscribe for your favorite categories.

  • Trending
  • Comments
  • Latest
Ex-Trump aides say six House Republicans sought pardons after Jan. 6 thumbnail

Ex-Trump aides say six House Republicans sought pardons after Jan. 6

June 24, 2022
Ranked: The Top Ten Best Beaches in The Cape Cod. FREE Cape Cod News.

Top 10 Cape Cod Beaches ( with PHOTOS )

August 21, 2020

BREAKING NEWS: Governor Baker has signed an order activating up to 1000 of the Massachusetts National Guard

August 29, 2020
Republicans Fear Abortion Ruling Will 'Bail the Dems Out' in 2024, Midterms thumbnail

Republicans Fear Abortion Ruling Will ‘Bail the Dems Out’ in 2024, Midterms

June 26, 2022
Google memo on end of Roe v. Wade says employees may apply to relocate 'without justification' thumbnail

Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’

June 26, 2022
Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League thumbnail

Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League

June 25, 2022
Support Local News, Make a Donation Support Local News, Make a Donation Support Local News, Make a Donation

FREE Cape Cod News On Twitter

Today’s News

  • Republicans Fear Abortion Ruling Will ‘Bail the Dems Out’ in 2024, Midterms June 26, 2022
  • Google memo on end of Roe v. Wade says employees may apply to relocate ‘without justification’ June 25, 2022
  • Report: Stashed 2020 Boston Celtics draft prospect Yam Madar to skip Las Vegas Summer League June 25, 2022
  • Why the US Army wants an ‘aerial tier network’ for better communications June 24, 2022
  • Early Liver Disease Detection Linked to Subsequent Lifestyle Improvements June 24, 2022
FREE Cape Cod News

Copyright © 2022 Free Cape Cod News

Navigate Site

  • About
  • Advertise
  • Privacy & Policy
  • Contact
  • Donate

Follow Us

No Result
View All Result
  • FREE Cape Cod News
  • News
    • News
    • Cape Cod News
    • Massachusetts
    • Breaking News
    • Cape Cod Weather
    • Storm Watch
    • Environment
  • Politics
    • democrats
    • republicans
  • Business
    • business
    • cryptocurrency
    • economy
    • money
    • Real Estate
    • Tech
  • World
  • Entertainment
  • Lifestyle
  • Photos
    • Orleans
    • Eastham
    • Wellfleet
    • Truro
    • Provincetown
    • Brewster
    • Chatham
  • Videos
  • Login
  • Sign Up

Copyright © 2022 Free Cape Cod News

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist