The Unintended Consequences Of NYC's
New Rent Regulation Laws
PRESENTED BY: Rosenberg & Estis
In the waning hours of the last session before its summer break, the
New York state legislature pushed through the first "cleanup bill"
addressing the sweeping rent regulation laws it passed days earlier.
According to legal experts, however, the cleanup process is far from
over.
While the new laws were passed with the goal of protecting tenants
from harassment and unpredictable rent hikes, they could have
adverse effects, forcing tenants into court more often and leaving
buildings to fall into disrepair. These effects won't be addressed until
the legislature reconvenes in January, if they are...
Read the MI story here.
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