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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 was passed as part of the bill in one form or another.
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:
Jay Martin, Executive Director of CHIP and Kara Rakowski, Attorney with Belkin Burden Wenig & Goldman, LLP share critical insights regarding the proposed changes in the NYS rent regulation laws that could pass this June in Albany.
Listen to learn how these new laws will impact NYC housing stock in ways that will not benefit property owners OR their tenants.
Owning and managing apartment buildings in NYC under the current laws is complicated enough. Additionally restrictive regulation will only further diminish the ability of property owners to provide good housing at a fair price.
Rent Regulation is not a solution to the affordable housing crisis!
To learn more or GET INVOLVED go to: responsiblerentreform.org
The Law firm of Belkin Burden Wenig & Goldman, LLP
Reach Attorney Kara Rakowski at bbwg.com/contact/
CHIP – Community Housing Improvement Program
Reach Executive Director Jay Martin at info@chipnyc.org
Acronyms used in episode:
DHCR – New York State – Homes and Community Renewal – hcr.ny.gov
HPD – New York City – Housing Preservation & Development – www1.nyc.gov/site/hpd/index.page
DOB – New York City – Department of Buildings – www1.nyc.gov/site/buildings/index.page
NYCHA – New York City – Housing Authority – www1.nyc.gov/site/nycha/index.page
As always Bill a Licensed Real Estate Broker and 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 bill@billweidner.com
call/text at 917-232-8529.
Visit Bill’s website www.billweidner.com