In an FDR-stylized speech laying out his third-term priorities on Monday, Gov. Andrew Cuomo doubled down on ending vacancy decontrol. Cuomo vowed to end the policy, by which apartments are deregulated once the rent reaches $2,733.75 and the unit is vacant. The governor has previously called for an end to the policy, but now, with a Democratic Senate, such a change has a better chance of approval by the state legislature. “The lack of affordable […]
source https://therealdeal.com/2018/12/18/cuomo-vows-to-end-vacancy-decontrol/
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