The Real Deal New York

City Council members want state to repeal vacancy decontrol

March 12, 2009 08:44AM

A group of City Council members, led by Christine Quinn, announced the introduction of legislation yesterday to make the state legislature repeal vacancy decontrol, and kill the law allowing Albany to set rent regulations for the city. Quinn blamed her City Council predecessors for authorizing vacancy decontrol in 1993, a move she said that drove 300,000 affordable apartments out of rent-stabilization protection. Quinn said the current state laws encourage landlords to pressure tenants to leave so they can rent out apartments for more money.

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