Thursday 7 November 2019

Multifamily heavyweights floated alternate rent plan

As lawmakers considered changes to the rent laws earlier this year, two of the city’s largest landlords floated an alternative plan. And the proposal, which was never made public, could be a starting point for future negotiations. Taconic Investment Partners’ Charles Bendit and A&E Real Estate Holding’s Douglas Eisenberg together drafted a proposal that included an annual cap on rent increases and a penalty for landlords with violations in their portfolios in order to fund



source https://therealdeal.com/2019/11/07/multifamily-heavyweights-floated-alternate-rent-plan/

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