The bill that won’t die: Will commercial rent control finally pass?

For decades, city officials have periodically floated the idea of controlling commercial rents. Now, a new bill seeks to model such regulations after residential rent stabilization. City Council member Stephen Levin recently introduced the Commercial Rent Stabilization Act, which would create a board to determine annual rent increases for small retail spaces, along with certain offices and manufacturing sites. The legislation has already drawn the ire of the real estate industry and skepticism from City

source https://therealdeal.com/2019/11/25/the-bill-that-wont-die-will-commercial-rent-control-finally-pass/