Jay Martin 🏳️🌈
@jaymart.bsky.social
SVP of New York Apartment Association.
There’s no regulatory solution to a supply problem. Go Bills!
There’s no regulatory solution to a supply problem. Go Bills!
The only thing scarier than a housing shortage is lying about solutions to it. Luckily Kenny is on the case to solve this spooky mystery.
October 29, 2025 at 3:23 PM
The only thing scarier than a housing shortage is lying about solutions to it. Luckily Kenny is on the case to solve this spooky mystery.
I know we end up frequently talking about the negative impacts of bad housing policy, but our team has had several meetings with lawmakers that would indicate the distress in rent-stabilized housing is being recognized for the scope and threat that it poses to renters and the city as a whole.
October 3, 2025 at 11:36 AM
I know we end up frequently talking about the negative impacts of bad housing policy, but our team has had several meetings with lawmakers that would indicate the distress in rent-stabilized housing is being recognized for the scope and threat that it poses to renters and the city as a whole.
Yesterday at the Zohran rally for a rent freeze on rent stabilized housing, multiple lawmakers asked why does the RGB increase rents but somehow buildings don’t get better?
Here’s one major reason why.
Here’s one major reason why.
October 2, 2025 at 2:54 PM
Yesterday at the Zohran rally for a rent freeze on rent stabilized housing, multiple lawmakers asked why does the RGB increase rents but somehow buildings don’t get better?
Here’s one major reason why.
Here’s one major reason why.
The Comptrollers office is supposed to save the pension fund money.
So what happens when politics is more important than that?
Here’s how the rent law and calls for a rent freeze cost the NYC pension funds hundreds of millions of dollars and broke rent stabilized housing in the process.
So what happens when politics is more important than that?
Here’s how the rent law and calls for a rent freeze cost the NYC pension funds hundreds of millions of dollars and broke rent stabilized housing in the process.
September 30, 2025 at 12:40 PM
The Comptrollers office is supposed to save the pension fund money.
So what happens when politics is more important than that?
Here’s how the rent law and calls for a rent freeze cost the NYC pension funds hundreds of millions of dollars and broke rent stabilized housing in the process.
So what happens when politics is more important than that?
Here’s how the rent law and calls for a rent freeze cost the NYC pension funds hundreds of millions of dollars and broke rent stabilized housing in the process.
Again why do we need COPA?
A building sold last week for $500 at bankruptcy auction.
COPA and TOPA just make it harder to sell.
Selling isn’t the issue. Pricing isn’t the issue. Buyers having money is the issue and lawmakers have not addressed this.
www.ainvest.com/news/impendi...
A building sold last week for $500 at bankruptcy auction.
COPA and TOPA just make it harder to sell.
Selling isn’t the issue. Pricing isn’t the issue. Buyers having money is the issue and lawmakers have not addressed this.
www.ainvest.com/news/impendi...
The Impending Auction of 5,000 NYC Rent-Stabilized Apartments: Capital Inflow Opportunities and Risks
The Impending Auction of 5,000 NYC Rent-Stabilized Apartments: Capital Inflow Opportunities and Risks
www.ainvest.com
September 22, 2025 at 5:55 PM
Again why do we need COPA?
A building sold last week for $500 at bankruptcy auction.
COPA and TOPA just make it harder to sell.
Selling isn’t the issue. Pricing isn’t the issue. Buyers having money is the issue and lawmakers have not addressed this.
www.ainvest.com/news/impendi...
A building sold last week for $500 at bankruptcy auction.
COPA and TOPA just make it harder to sell.
Selling isn’t the issue. Pricing isn’t the issue. Buyers having money is the issue and lawmakers have not addressed this.
www.ainvest.com/news/impendi...
Across the political spectrum we must unite against bad policy and push for smarter more effective solutions that bring housing costs down while keeping NY safe.
This bill is clearly designed to help special interests like the master plumbers.
This bill is clearly designed to help special interests like the master plumbers.
September 19, 2025 at 1:52 PM
Across the political spectrum we must unite against bad policy and push for smarter more effective solutions that bring housing costs down while keeping NY safe.
This bill is clearly designed to help special interests like the master plumbers.
This bill is clearly designed to help special interests like the master plumbers.
We are constantly asked how can buildings lose money when they collect rent? Or why aren’t buildings maintained even when they collect rent? Landlords should “open their books!”
Well they are, and the story it tells is bad news for housing.
www.vitalcitynyc.org/articles/wha...
Well they are, and the story it tells is bad news for housing.
www.vitalcitynyc.org/articles/wha...
Vital City | What Hangs in the Balance Sheets
Two New York City apartment buildings’ costs and revenue
www.vitalcitynyc.org
September 17, 2025 at 10:38 PM
We are constantly asked how can buildings lose money when they collect rent? Or why aren’t buildings maintained even when they collect rent? Landlords should “open their books!”
Well they are, and the story it tells is bad news for housing.
www.vitalcitynyc.org/articles/wha...
Well they are, and the story it tells is bad news for housing.
www.vitalcitynyc.org/articles/wha...
How New York City Retirees Got Burned By Bets On Rent-Stabilized Apartments when the legislature decided to kill the ability for this housing to cover its costs.
www.bisnow.com/new-york/new...
www.bisnow.com/new-york/new...
Pensions Washed Out: Sandy-Era Bet On Rent-Stabilized NYC Apartments Sinks Into Losses
A Bisnow analysis found that NYC pension funds’ $300M post-Sandy push into rent-stabilized housing, run by Related, has lost about $130M.
www.bisnow.com
September 12, 2025 at 9:45 PM
How New York City Retirees Got Burned By Bets On Rent-Stabilized Apartments when the legislature decided to kill the ability for this housing to cover its costs.
www.bisnow.com/new-york/new...
www.bisnow.com/new-york/new...
Why does your rent keep going up ?
One reason you might not expect.
Fraudulent insurance claims.
One reason you might not expect.
Fraudulent insurance claims.
September 12, 2025 at 5:13 PM
Why does your rent keep going up ?
One reason you might not expect.
Fraudulent insurance claims.
One reason you might not expect.
Fraudulent insurance claims.
At an average of $500 per month the renters in this building pay $2000 per year more in property taxes via their rent check than the two family home that is right next door.
Property tax reform is good for renters. Let’s get it done.
Property tax reform is good for renters. Let’s get it done.
September 9, 2025 at 1:52 AM
At an average of $500 per month the renters in this building pay $2000 per year more in property taxes via their rent check than the two family home that is right next door.
Property tax reform is good for renters. Let’s get it done.
Property tax reform is good for renters. Let’s get it done.
Relatively speaking there are very few evictions in NYC. And if we want to lower that number even further we should ask renters if we want to spend 100s of millions on lawyers (where they’ll end up owing rent anyway) or, just help them directly when they struggle.
August 29, 2025 at 3:09 PM
Relatively speaking there are very few evictions in NYC. And if we want to lower that number even further we should ask renters if we want to spend 100s of millions on lawyers (where they’ll end up owing rent anyway) or, just help them directly when they struggle.
US Open in NYC. How about us OPEN more housing? Amiright??
Anyway Kenny answers some fan mail from comment section experts and sets the record straight on some housing facts.
Anyway Kenny answers some fan mail from comment section experts and sets the record straight on some housing facts.
August 25, 2025 at 11:39 PM
US Open in NYC. How about us OPEN more housing? Amiright??
Anyway Kenny answers some fan mail from comment section experts and sets the record straight on some housing facts.
Anyway Kenny answers some fan mail from comment section experts and sets the record straight on some housing facts.
Want to make New York more affordable? We don’t need to look to Austria; we need to look much closer to home.
August 22, 2025 at 1:23 PM
Want to make New York more affordable? We don’t need to look to Austria; we need to look much closer to home.
New York City’s property tax system actually punishes apartment buildings the older and more affordable they are for renters.
It makes no sense.
It makes no sense.
August 19, 2025 at 2:30 PM
New York City’s property tax system actually punishes apartment buildings the older and more affordable they are for renters.
It makes no sense.
It makes no sense.
You’ve probably heard a guy running for mayor say rent stabilized properties profit is up by 12%.
Here’s why that number is nonsense.
Here’s why that number is nonsense.
July 14, 2025 at 3:59 PM
You’ve probably heard a guy running for mayor say rent stabilized properties profit is up by 12%.
Here’s why that number is nonsense.
Here’s why that number is nonsense.
“expenses have risen by 28%, while rents approved by the RGB increased by 10.5%, indicating a shortfall of about 17% between expenses and income.
June 5, 2025 at 5:30 PM
“expenses have risen by 28%, while rents approved by the RGB increased by 10.5%, indicating a shortfall of about 17% between expenses and income.
Denying the collapse of rent-stabilized apartments will one day be looked at like vaccine denialism.
Those lawmakers should either lose their elections or retire. The rest of us will then have to pick up the pieces and fix a city made worse by them at unimaginable cost.
trib.al/c2hAs7W
Those lawmakers should either lose their elections or retire. The rest of us will then have to pick up the pieces and fix a city made worse by them at unimaginable cost.
trib.al/c2hAs7W
Exclusive | Thousands of rent-stabilized NYC apartments face foreclosure in tenant ‘bloodbath’
Thousands of rent-stabilized apartments in NYC have been put under foreclosure as an increasing number of landlords have stopped paying their mortgages — risking making the coveted units even…
trib.al
May 24, 2025 at 2:59 PM
Denying the collapse of rent-stabilized apartments will one day be looked at like vaccine denialism.
Those lawmakers should either lose their elections or retire. The rest of us will then have to pick up the pieces and fix a city made worse by them at unimaginable cost.
trib.al/c2hAs7W
Those lawmakers should either lose their elections or retire. The rest of us will then have to pick up the pieces and fix a city made worse by them at unimaginable cost.
trib.al/c2hAs7W
More and more third party experts are validating what we have been saying.
First NYU Furman Center. Now Citizens Budget Commission.
Watchdog warns of rent-stabilized “maintenance death spiral”
therealdeal.com/new-york/202...
First NYU Furman Center. Now Citizens Budget Commission.
Watchdog warns of rent-stabilized “maintenance death spiral”
therealdeal.com/new-york/202...
Watchdog warns of rent-stabilized “maintenance death spiral”
Nonprofit watchdog Citizens Budget Commission called on the Rent Guidelines Board to address rising rent-stabilized distress, which threatens city finances.
therealdeal.com
May 23, 2025 at 12:08 AM
More and more third party experts are validating what we have been saying.
First NYU Furman Center. Now Citizens Budget Commission.
Watchdog warns of rent-stabilized “maintenance death spiral”
therealdeal.com/new-york/202...
First NYU Furman Center. Now Citizens Budget Commission.
Watchdog warns of rent-stabilized “maintenance death spiral”
therealdeal.com/new-york/202...
Our CEO Kenny Burgos lays out why a rent freeze would be bad news for renters in the outerboroughs where a majority of rent stabilized housing is.
ny1.com/nyc/all-boro...
ny1.com/nyc/all-boro...
New York Apartment Association CEO discusses upcoming Rent Guidelines Board vote
Watch the full interview here.
ny1.com
May 14, 2025 at 7:45 PM
Our CEO Kenny Burgos lays out why a rent freeze would be bad news for renters in the outerboroughs where a majority of rent stabilized housing is.
ny1.com/nyc/all-boro...
ny1.com/nyc/all-boro...
Anyone who publicly announces the best way to preserve affordable housing is for the state to buy it from private owners and run it as social housing should have to say how much they believe it costs to gut renovate a two bedroom apartment in an 80-year-old tenement building up to current code.
May 10, 2025 at 5:56 PM
Anyone who publicly announces the best way to preserve affordable housing is for the state to buy it from private owners and run it as social housing should have to say how much they believe it costs to gut renovate a two bedroom apartment in an 80-year-old tenement building up to current code.