Saturday, June 13, 2015

NY Times Editorial: Cuomo has time to strengthen rent protections.

Mr. Cuomo said Thursday that he is considering a short-term extension of the 421-a law. A better option would be to let that law expire, but there will no doubt be negotiations about keeping it in some form. As for extending the existing rent protection law without needed changes, that would result in the continued loss of thousands of rent-regulated apartments every year.

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