The breakdown: How California’s new rent control law compares to New York’s

With a little more than 48 hours before the clock ran out, three of New York’s most powerful landlords made a desperate, last-ditch phone call to Gov. Andrew Cuomo. By that point, the real estate industry had already spent millions of dollars, hired seasoned lobbyists and launched media campaigns in an effort to eliminate the threat of historic tenant protections on 1 million apartments. Cuomo declined to kill the bill, and landlords across the state […]

source https://therealdeal.com/la/2019/09/13/the-breakdown-how-californias-new-rent-control-law-compares-to-new-yorks/#new_tab