The Real Estate Board of New York is calling on the city to help landlords cover the costs of lead abatement in their buildings. In testimony submitted to the City Council this week, the trade group argued that changes to the state’s rent law hinders landlords’ abilities to pay for lead testing and mitigation. The group pointed to the law’s limiting of renovation costs that can be passed onto rent-stabilized tenants to $15,000 over 15
source https://therealdeal.com/2019/11/20/rebny-asks-city-to-help-landlords-pay-for-lead-abatement/
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