Friday 12 June 2020

The rent law, one year later: “No upside, no opportunity”

Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to a tenant-friendly upheaval of rent regulation, and a last-minute call from landlords to Gov. Andrew Cuomo, their long-time ally, had failed to secure his opposition to it. “I never thought the governor could be the white knight of the real estate industry,” one person who was on the June 12 call said Thursday. “Anybody who did



source https://therealdeal.com/2020/06/12/the-rent-law-one-year-later-no-upside-no-opportunity/

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