On June 14th 2019, subsequent to the publication of this episode, NYS Senate Bill S6458 was enacted as the “Housing Stability and Tenant Protection act of 2019”.
Much of what you will hear in this episode is no longer accurate and many changes, in one form or another, resulted from the passage of the new law.
On 04/02/2019, subsequent to this episode; Realty Speak Episode 017 – Rent in THE City – More Regulation? Yup! was published. It was a discussion about the proposed changes to the NYS rent laws. Both this episode and episode 017 are great primers for a better understanding of what the rules were prior to the the new law and will be helpful information to have as you explore the new law.
To access and review the “Housing Stability and Tenant Protection act of 2019” from the NYS Senate web site click here.
Realty Speak, Bill Weidner and his guests do not give legal or financial advice and all decisions made by stakeholders around any topic on Realty Speak should rely on their own appropriate legal and financial counsel for clarification of any and all information that is distributed by Realty Speak, Bill Weidner and the podcast guests.
ORIGINAL SHOW NOTES:
In this episode Simon Moule, a 20+ year veteran of consulting on regulation and the President of STM Associates talks with Bill about the complicated laws that regulate multifamily rental property in NYC.
This is a must listen for everyone in the apartment building ownership business.
To chat more about Rent Regulation reach out to Simon at firstname.lastname@example.org or 718-318-8340
Bill Weidner the host of Realty Speak is ready to be a resource to you when you sell or purchase investment real estate or help you navigate while you own.
Ways to connect with Bill:
Email Bill at email@example.com
call/text at 917-232-8529.
Visit Bill’s website www.billweidner.com