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Landlords Take a Pass This Year

Posted by Anna on February 16, 2000 at 18:27:23:


Landlords Take a Pass This Year

Quiet on the Rent-Law Front

here's a triennial issue in New York lawmaking that creates a certain
buzz around City Hall's east wing, where the city council has
headquarters. That buzz is created by landlords and their lobbyists coming
to cajole councilmembers into chipping away at rent laws, which they
argue limit their profits, but which others insist guard millions of tenants
from landlord greed. By law, the council must vote to renew the laws every
three years, and while it has never scrapped the laws, it has used the
renewal requirement to weaken them. With an April 1 renewal deadline
approaching, hearings on the laws are set for later this month.

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