Landlord Crisis: Radical New Rent Control in New York

Published: June 19, 2019, 1:37 a.m.

New York landlords are gearing up for a court battle over new statewide rent control rules. These rules will have a dramatic impact on rent-regulated apartments in New York City, as well as non-rent regulated rentals across the state. Landlords say the legislation is a clear defeat for the real estate industry, but they are planning to fight back with a lawsuit.