Wednesday 24 April 2019

Politicians are taking aim at key rent control formula

Assemblywoman Linda Rosenthal and state Sen. Brian Benjamin held a boisterous rally with tenant groups on the Upper West Side Wednesday morning to support one of the many reforms Albany is considering making to New York’s rent laws. Rosenthal and Benjamin spoke in support of a bill that would change the way rent increases take place for rent-controlled tenants. Currently, rent hikes are calculated using the maximum base rent system, which causes rents to go […]



source https://therealdeal.com/2019/04/24/politicians-are-taking-aim-at-key-rent-control-formula/

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