State Assembly Approves Sweeping Rent-Regulation Revisions

State Assembly Approves Sweeping Rent-Regulation Revisions



In an attempt to address affordable housing issues in New York City and surrounding communities, the state assembly overwhelmingly passed a sweeping 10-bill legislative package that, among other things, would scale back increases on rent-regulated apartments statewide, returning to regulation tens of thousands of units that were converted to market rate in recent years.

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