search

The Real Deal Logo

Trending

Bushburg buying Rudin’s half-empty FiDi office building for $160MBushburg buying Rudin’s half-empty FiDi office building for $160MDevelopers have a new tax break. Now they must figure it outDevelopers have a new tax break. Now they must figure it outMichael Stern pays $61M for Brickell site of Dolce & Gabbana supertallMichael Stern pays $61M for Brickell site of Dolce & Gabbana supertallGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouse
New York

This month in real estate history: REBNY fights WWII rent cap

1943: Real estate board lobbies to prevent price controls on NYC apartments

Mayor Fiorello La Guardia
Mayor Fiorello La Guardia

From the September issue: The Real Estate Board of New York lobbied against a wartime proposal to cap rents on several million New York City apartment units, 71 years ago this month.

Sign Up for the undefined Newsletter

REBNY appealed via telegram to officials in Washington within the federal Office of Price Administration, who were responsible for implementing price controls. The caps were part of a broader national law passed in 1942 that was aimed at easing the impact of inflation brought on by World War II. [more]

Tags
REBNY