From $25 to $25,000! AmTrak Radically Raises The Rent

Rent increases are a fact of life here in New York City but a proposed hike in Queens is being called excessive, even for New York real estate. The landlord in this case is Amtrak, which rents out space owned by the railroad under the Hell Gate Bridge in Astoria. Some homeowners there have been using the land as their backyards for generations, paying a fee of around $25. Amtrak wants to raise it.