As Rent Transparency Act begins, Brooklyn startup helps renters uncover hidden rent-stabilized apartments amNewYork
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As Rent Transparency Act begins, Brooklyn startup helps renters uncover hidden rent-stabilized apartments  amNewYork
"I love talking about rent, I love talking about housing and particularly as it relates to transparency, Mohamed told Brooklyn Paper. Mohamed is the CEO and co-founder of Openigloo, a Brooklyn-based startup launched in 2020 that helps renters research buildings and landlords and, crucially, determine whether an apartment is rent-stabilized. The idea grew directly out of her own frustrating experience navigating New York City's rental market."
"While apartment hunting, Mohamed began standing outside buildings she was considering and asking residents directly about their experiences. That's how I found my perfect rent-stabilized apartment in Brooklyn that I've been in for the past eight years, she continued. I'm not moving until, you know, I'm in a body bag. Today, Openigloo has supported more than three million NYC renters and evolved into a platform where users can research buildings, browse listings and filter specifically for rent-stabilized or good-cause eviction-protected apartments."
The Rent Transparency Act goes into effect on Jan. 1 and requires landlords to post notices in buildings that contain rent-stabilized apartments. The measure aims to help tenants fight illegal rent hikes, demand better living conditions, and restore illegally deregulated units. Openigloo, a Brooklyn startup founded in 2020, helps renters research buildings and landlords and determine whether apartments are rent-stabilized or protected by good-cause eviction rules. The platform has supported over three million NYC renters and offers filters for rent-stabilized listings. The law will be most useful to tenants already living in their apartments, according to Mohamed.
Read at www.amny.com
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