Take a look at Pratt Center for Community Development’s latest findings! Their new policy brief highlights a concerning bill in Albany that could wreak havoc on rent-stabilization in NYC.
If passed, landlords could increase rents to local Fair Market Rates when long-time tenants move, jeopardizing the affordability of 1.3 million rent-stabilized apartments.
Learn more about the proposed rent hikes and their potential impact by downloading the brief.