The Debate Over Rent Regulations
Description
The New York State legislative session is wrapping up this month. With just a few days left, lawmakers are feeling the pressure to tie up several loose ends, including rent regulation — an issue that affects millions of residents across the state.
The state’s rent control and stabilization laws expire on June 15th, and legislators are racing to renew them before that deadline. For months, they focused on other issues like bail reform and congestion pricing. Now, it’s down to the wire to figure out everything from ending the deregulation of vacant apartments to limiting landlords ability to raise rents through renovations to a building or an apartment.
This week on Money Talking, Charlie Herman talks to Liz Kim, senior editor with Gothamist, and Jarrett Murphy, executive editor at City Limits, about the debate over rent regulations in the state legislature.