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.
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]
