Small Property Owners of New York (SPONY)

07/31/2026

The buildings that need the most repairs are often the ones with the least revenue to pay for them.

During their Fox News interview, New York City small property owners Jose Tur and Natalia Bonanno explained the financial reality facing rent-stabilized housing.

Many rent-stabilized buildings constructed before 1974 are aging and require extensive repairs, upgrades, and ongoing maintenance. At the same time, regulated rents remain well below market rates while property taxes, insurance, utilities, mortgages, labor, and construction costs continue to rise.

This is not about avoiding responsibility. It is about ensuring owners have the resources to keep rent-stabilized apartments safe, maintained, and financially sustainable.

The Mamdani administration needs to know that tenant protections and building preservation must go hand in hand. When housing policy ignores the actual cost of operating older buildings, New York City risks losing both its small property owners and the affordable housing they provide.

Watch Jose Tur and Natalia Bonanno discuss the growing crisis on Fox News.

07/31/2026

Please assist our advocacy efforts and complete this survey.

As small Owner Operators that self manage our rental housing or live alongside our tenants in our properties we too often find ourselves victims of violence or threat of violence from our tenants in the course of ownership. This survey seeks to measure that frequency for the purpose of pursuit of le...

07/30/2026

Please join us at our next membership meeting, where Howard Husock will be our guest speaker.
Register Here: https://forms.gle/UPaxAgxbRUKbpAqQ7

07/29/2026

**The American Dream shouldn’t disappear one regulation at a time.**

In his Fox News interview, José Tur shares what many New York City small property owners are experiencing: rents may be politically frozen, but property taxes, insurance, utilities, repairs, and maintenance costs continue to rise.

Small property owners are not faceless corporations. They are immigrants, families, neighbors, and longtime New Yorkers who invested their savings into a home, maintained housing for their communities, and worked to build something for the next generation.

New York City housing policy must protect tenants without making it impossible for responsible owners to keep their buildings operating. When the math no longer works, the city risks losing the very people who have helped hold its neighborhoods together.

Watch José’s story and ask yourself: Are today’s housing policies preserving the American Dream—or pushing it further out of reach?

07/24/2026

Hello fellow SPONY warriors!
we have launched a survey aimed at determining the frequency that owner operators and their families experience occupational violence or the threat of violence from tenants and their guests in the course of managing and operating their properties. The goal is data in support of a focused Bill to provide owner specific protections. We have secured conditional support from 3 legislators to introduce this.

https://forms.gle/PUXdzmeXmdEdbKK28.

As small Owner Operators that self manage our rental housing or live alongside our tenants in our properties we too often find ourselves victims of violence or threat of violence from our tenants in the course of ownership. This survey seeks to measure that frequency for the purpose of pursuit of le...

07/09/2026

In his FOX 5 New York interview, SPONY board member Jan Lee made one thing clear: Mamdani’s rent freeze may sound simple, but the costs small property owners face are not frozen.

Real estate taxes are not frozen.
Utility rates are not frozen.
Insurance costs are not frozen.
Repairs and maintenance are not frozen.

Small property owners are not asking for special treatment. They are asking for housing policy rooted in fairness, transparency, and basic math.

If New York wants stable housing, City Hall cannot ignore the small owners keeping neighborhood buildings alive.

Click below for the full interview.
https://www.youtube.com/watch?v=tUmdL2duPh0

06/27/2026

https://www.youtube.com/watch?v=tUmdL2duPh0
SPONY Board Member Jan Lee on the Rent Freeze

A two-year rent freeze has been officially passed by New York City'...

06/25/2026

Help remind the only remaining owner rep his job is to represent us.

Contact NYC elected officials about housing and property ownership issues.

06/24/2026

The Rent Guidelines Board is often treated like it can solve every housing problem in New York City.

But the RGB has one specific job: reviewing the economics of rent-stabilized housing and setting annual rent adjustments based on operating conditions.

Tenant and owner hardship is real. Housing quality matters.

Affordability matters.

But different problems require different tools.

If New York wants lower rent pressure, policymakers need to address the costs behind the rent: taxes, water rates, insurance, fuel, financing, and the rising cost of keeping buildings stable.

This should not be owners vs. tenants.

A better housing conversation starts with facts.

06/12/2026

Ask a small property owner about their building, and you’ll often hear a family story first.

Decades of sacrifice. Long hours. Risk. A belief that New York could be a place to build something for the next generation.

Many of these buildings have housed families for decades. They’ve survived downturns, 9/11, COVID, rising costs, and constant change.

But today, many small owners are facing a hard reality: they want to keep investing in their buildings and communities, but the numbers are getting harder to make work.

SPONY exists to make sure they don’t face those challenges alone.

Because behind every building is a family, a legacy, and an American Dream worth protecting.