Mayor, comptroller to landlords: Don’t abuse lapsed rent regs

Lawmakers continue to negotiate the issue in Albany

TRD NEW YORK /
Jun.June 17, 2015 08:01 AM

The (rental) apocalypse isn’t coming. Not yet at least.

While Monday night’s expiration of the city’s rent regulations of roughly a million New York City apartments is extremely worrisome, Mayor Bill de Blasio no longer calls it a “nightmare scenario,” according to Capital New York.

While the mayor had earlier described a “big uptick” in 311 calls of tenants looking for answers, the mayor’s office later confirmed that the amount of calls on Tuesday was actually down compared to the day before, Capital reported.

On Tuesday, the mayor told the website that he is “pushing hard for a resolution” to the lapsed laws.

Lawmakers are continuing their negotiations in Albany.

Meanwhile, de Blasio warned landlords not to try to take advantage of the situation and urged tenants to call 311 if they notice anything of the sort. Comptroller Scott Stringer followed suit and sent a letter to 42 managers who run roughly 5,000 rent-stabilized apartments in which the city’s pension system invests, according to the New York Daily News.

“In the interim,” Stringer wrote, “I fully expect you will continue to adhere to the highest standards of quality in building management and legal and ethical duties as landlords.” [Capital NY] and [NYDN] — Claire Moses

 
 

Related Articles

arrow_forward_ios
Blackstone CEO Steven Schwartzman and Stuyvesant Town (Credit: Getty Images)

After authorities vowed review of Stuy Town deal, Blackstone changes course on vacancies

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Tete-à-tete with TRD: How landlords are dealing with New York’s new rent laws

Real Capital Analytics data showed that New York’s multifamily market had a very slow July. (Credit: iStock)

New NYC rent law “beginning to shut down investment”

The Court of Appeals ruled today that a portion of New York’s rent law violates due process. (Credit: iStock; UpstateNYer via Wikipedia Commons)

State’s highest court strikes down portion of rent law

Mayor Bill de Blasio delivered the message this week ahead of a formal plan to combat social gathering in the city. (Credit: Lev Radin/Pacific Press/LightRocket via Getty Images and Cindy Ord/Getty Images)

New York City to enforce social distancing at parks, playgrounds

New York City Comptroller Scott Stringer (Credit: Andrew Burton/Getty Images, iStock)

Coronavirus will cost city billions in tax revenue: comptroller

Mayor Bill de Blasio (Photo by William Farrington-Pool/Getty Images)

Mayor questions allowing condo construction during pandemic

Gov. Andrew Cuomo (Credit: Bruce Bennett/Getty Images, iStock)

Governor gives NYC 24 hours to make crowd-reduction plan

arrow_forward_ios
Loading...