REBNY’s Steve Spinola supports extending rent regulation laws

Real Estate Board of New York president Steve Spinola appeared on Capital Tonight (see video above) to discuss the role he played with the Committee to Save New York, an advocacy group that raised $10 million to support Governor Andrew Cuomo’s budget. But now that the budget has passed with relatively little controversy, Spinola said the organization still has about half of that money, which it plans to spend to fight the millionaire tax. Spinola also discussed rent regulation, saying that while he supports the extension of the current laws, he doesn’t want to see any additional protection for rent-stabilized units.