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Riverpointe residents urge city help as rent hikes and management complaints mount

City of Peekskill Committee of the Whole · September 23, 2024
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Summary

Multiple Riverpointe senior‑living residents told the council they face abrupt rent increases and hostile management; residents urged city assistance and demanded protections for vulnerable tenants, with one resident criticizing outside ownership by hedge funds.

Several Riverpointe residents used the public‑comment period to press the council on tenant issues at the Riverpointe senior complex.

Chris Sabino said his rent increased by $100 and that the lease notice suggested increases could reach $1,300, a change residents said they did not expect. Mary Cohen described what she characterized as harassment by property management and said threats of eviction have left residents afraid to speak up; she also criticized outside investors and hedge funds purchasing senior housing. City staff offered to follow up: the city manager provided contact information to a commenter with an outstanding documentation issue and asked the resident to set an appointment to resolve Section 8 paperwork.

Why it matters: the complaints raise tenant‑protection and oversight questions for locally affected seniors; council and staff offered follow‑up assistance but no immediate policy fix was announced.