Monthly Archives: January 2019

Governor Cuomo introduced budget legislation (see page 415) this week calling for ending high rent/high income decontrol, repealing preferential rent provisions, and limiting major capital improvement charges “based on a report” to be prepared by the Division of Housing and Community Renewal … Continue reading →

North Brooklyn landlords gave up between $6 million and $26 million in rent increases since the announcement in 2016 of an L train shutdown,  according to a StreetEasy analysis. Rents along the train line fell 1.5% while rents on new leases in … Continue reading →

Governor Cuomo said “all” of his 100-day legislative goals would be included in his State Budget proposal, presumably including ending luxury decontrol and other rent rule changes even though normally they wouldn’t be dealt with before the law sunsets in June. The … Continue reading →