Wednesday 1 January 2020

Five ways that Albany could punish real estate in 2020

Real estate interests got a butt-kicking in Albany this year — but state legislators might not be done. The new legislative session starts next month, and it’s an election year. With some incumbents likely to push pro-tenant bills to ward off liberal or socialist challengers, real estate industry insiders still reeling from June’s rent-law overhaul don’t expect the leftward lurch to stop anytime soon. “It’s scary,” an executive at a large New York City multifamily



source https://therealdeal.com/2020/01/01/five-ways-that-albany-could-punish-real-estate-in-2020-2/

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