Read my latest Bloomberg View column Rent Control vs. Keeping Landlords Happy.
Here’s an excerpt…
The past few weeks have offered a window on the tensions between landlords and tenants in New York’s real estate market. Amid the political machinations in the city and the state’s capital, the New York State Assembly let rent controls lapse, temporarily placing more than 2 million tenants in housing limbo. A tentative deal has since been worked out to extend the regulations for four years but the details are not yet available…
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Tags: Andrew Cuomo, rent control, rent stabilization, Albany, New York State Assembl, landlord
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