New York’s Rent Stabilization Law – Up in the Air

What it comes down to is that few apartments outside of Manhattan get de-stabilized, and fewer and fewer apartments in Manhattan remain stabilized. Do Manhattan developers really need the 421a tax abatements to make money on their projects? If they are getting a public subsidy, shouldn\'t the developers be forced to give something back to the city as well?
Pro-Tenant housing bills aren’t going anywhere

Pro-Tenant housing bills aren’t going anywhere

The Democratic Assembly used to blame Republicans who made no secret about their distaste for rent regulation laws. But last year, for the first time in more than 40 years, Democrats took control of the state senate. Assembly members and housing advocates thought there would finally be some action on housing bills, which they believed would keep the city’s housing