Author Topic: De Blasio says if rent-regulated apartments law expires it would be 'end to New York City as we have known it'  (Read 520 times)

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Offline Machiavelli

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Jennifer Fermino
New York Daily News
June 12, 2015

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The “end to New York City as we have known it" could be upon us if Albany fails to act and renew rent laws governing 1 million rent-regulated units, Mayor de Blasio said on Friday.

In an unusually apocalyptic conference call with 14,000 AARP members, de Blasio said the laws — which expire Monday — are the only things keeping landlords from jacking up rents to market rates, often double what tenants currently pay.
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