Thursday, March 5, 2020

Bill Targets New York Landlords Who Won't Rent Their Apartments


Real Estate Weekly: Assemblywoman Linda Rosenthal has introduced a bill aimed at thwarting landlord efforts to warehouse apartments as new housing regulations start to bite.

The bill would fine landlords who have residential units which remain vacant for a period greater than three months and deposit the money into a fund to provide housing vouchers for the homeless.

Landlords have rounded on the proposed legislation as “unconstitutional and poorly written."
 
Click here for the report. 

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