"We’re demanding that we not return to the world we lived in pre-Covid —
a world with 92,000 homeless New Yorkers and millions of people living
just one paycheck away from an eviction.”
--Cea Weaver, Housing Justice for All
"I have hardly any money left once my rent is deducted from my salary.
I sometimes have to teach adjunct at other universities, in addition to my
tenured position, to make ends meet. And I am still not always able to do it."
--NYU Faculty, Housing Justice Survey Response
Faculty take on adjunct positions, are unable to pay off student loans, and struggle to make ends meet while paying for childcare. Due to COVID-19 many of our colleagues' partners have lost jobs. Many are caring, financially and otherwise, for affected family and kin. Increased financial burdens will fall unevenly on faculty of color, immigrant faculty, and women-namely, on those same faculty NYU has actively recruited through diversity hires. This will all be compounded by the upcoming 9.3% rent increase and the freezing of AMI raises.
CLIKE HERE TO TAKE THE SURVEY
WHY 3-YEAR INCREASES?
While annual rent increases would be less costly for tenants, NYU extracts extra profits by using three-year increases. Download this spreadsheet to see how much they make from these increases on a 2k/month apartment and use the spreadsheet to see how much they profit from your rent increase.