4 ms·
There's a large (20,000+) volume of empty rent-stabilized units - in those cases, landlords say that a recent tenant protection law (HSTPA, 2019) makes it uneco
by NovemberWhiskey 4y ago
There's a large (20,000+) volume of empty rent-stabilized units - in those cases, landlords say that a recent tenant protection law (HSTPA, 2019) makes it uneconomic for them to rent due to the expected difficulty of evicting non-paying tenants and the strict limitations on how much repair and investment work can be recouped from increasing rent.