Amtrak Hikes Rents For Backyard Spaces From $25 to $25K, Residents Say
Hat tip, NY.curbed.com: Astoria residents with backyards get a ridiculous rent hike from Amtrak
By Jeanmarie Evelly | August 26, 2016 7:35am
http://twitter.com/jeanmarieevelly
DITMARS A group of Astoria homeowners whose side and backyards are located under the Hell Gate Bridge says Amtrak has dramatically raised their rents for the outdoor spaces, with one resident saying hes seeing his jump from $25 to $25,560 a year and another reporting a hike of $50 to $45,000.
The homes are adjacent to the bridge's large concrete arch supports, and residents say their families have leased the land underneath the structures for decades for a nominal fee. In exchange, they were required to clean and maintain the spaces, they said.
But earlier this month, at least six of these property owners received letters from Amtrak notifying them of the enormous rent hikes and saying they have 30 days to accept the new leases or they'll have to give up the land that's served as their backyards for years.
"I was born in the house I live in 73 years ago this was my grandparents' home," said Loretta Csikortos, who lives on 23rd Street between Ditmars Boulevard and 23rd Avenue, where her family has leased their side yard from Amtrak since 1946. ... She was told earlier this month that the rent for the space where she keeps a large wooden deck and an aboveground swimming pool is increasing from $50 to $45,000 a year.
KamaAina
(78,249 posts)unblock
(54,162 posts)Telegraph Lady: As long as you're asking, why not go for a cool million?
Semmi: You do not think that would be too much?
Telegraph Lady: Naah.
HassleCat
(6,409 posts)Amtrak generally does not own its physical facilities, but rents everything from the railroads. As for the person who said he family rented from Amtrak since 1946, Amtrak was established in 1971, so it seems to me the author of this piece got some details wrong.
mahatmakanejeeves
(61,045 posts)It would have been the New Haven back then, right?
New York, New Haven and Hartford Railroad
HassleCat
(6,409 posts)That makes sense, and it's the kind of thing a railroad might do.
Warpy
(113,130 posts)and I smell an eager beaver MBA who's bucking for upper management. While the leases should have raised the rent after all these years, it would have been far wiser to do it in smaller increments that would have given more of an appearance of being reasonable and necessary progress toward market levels.
IOW, you obviously don't need to be smart to go to b-school.