The state Senate is stepping into therent-regulation reform debate today. Here’s what the housing committee chair has to say

For the first time in the past two decades, sweeping rent-regulation reform seems close to becoming a reality. Without the hurdle of a Republican majority in the Senate, both houses seem determined to make changes to programs long-favored by landlords, including vacancy decontrol and Major Capital Improvements. Still, whether these revisions will be implemented as written remains to be seen. Neither Mayor Bill de Blasio or Gov. Andrew Cuomo have backed the elimination of MCIs […]

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