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New York Rent Law Sparks Response From Real Estate Industry

by therealdeal.com posted 1week ago 8 views
Before climbing into bed on June 11, Robert Nelson found himself bracing for a “horror show.” The leaders of the state Senate and Assembly had just announced that they’d reached an agreement to radically tilt rent regulations in favor of tenants, curbing how landlords in the city could increase rents on roughly 1 million stabilized apartments. “My heart dropped. I was in disbelief,” Nelson said. “That was a really poor night’s sleep. I don’t think […]

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