ry year, and to maintain, repair and preserve affordable housing for their tenants,” he said.
The group claims the RGB and Mayor Bill de Blasio, who appoints its members is using rent freezes as a political tool, and there is no rationale for a third consecutive rent freeze.
Last month, a New York State Supreme Court upheld a rent freeze on certain one-year leases, rejecting the RSA’s arguments that the RGB didn’t have the authority to keep rents flat.
In February, an appeals court blocked the de Blasio’s administration from raising water bills on large landlords. [Real Estate Weekly] Miriam Hall
Tags: Politics, Rent Regulations, Residential Real Estate
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