
New York
Aug 29, 2019
How an FBI agent, strip club owners and cab drivers decimated this High Line luxury project
Rent-stabilization law, tenant harassment and a ground lease have led to a five-year deadlock at the site
Rent regulations are laws that aim to limit landlords’ abilities to raise rents, creating rent control or rent stabilization. They may also create new requirements for landlords to evict tenants and new building maintenance standards, and can implement public oversight of landlord. On June 14, 2019, New York State passed sweeping rent regulation reforms. TRD reported on these reforms and what they meant for tenants and landlords alike.


