Mayor Bill de Blasio on Monday said he supports tweaking two controversial rent regulation programs to ensure that tenants aren’t overpaying for renovations. Both the mayor and Gov. Andrew Cuomo have suggested reforming Major Capital Improvements and Individual Apartment Improvements, rather than eliminating the programs entirely, as proposed by the state Assembly and Senate. During a press conference on Monday at the Legislative Office Building in Albany, de Blasio echoed the governor’s support for limiting […]
source https://therealdeal.com/2019/06/03/de-blasio-echoes-cuomos-push-to-limit-rent-hikes-through-renovations/
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