As rent regulation deadline nears, RSA suggests reforms to IAIs

With less than a month until New York’s rent regulation laws expire, a real estate trade group plans to float reforms to a controversial program as an alternative to its elimination. The Rent Stabilization Association plans to propose changing the reporting requirements surrounding Individual Apartment Improvements, a program that allows landlords to increase rent on a regulated apartment they’ve renovated. RSA president Joseph Strasburg hasn’t yet discussed his suggested reforms with legislators but told The […]

source https://therealdeal.com/2019/05/22/as-rent-regulation-deadline-nears-rsa-suggests-reforms-to-iais/