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Old Posted Sep 16, 2019, 8:37 PM
Obadno Obadno is offline
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Join Date: Jan 2010
Posts: 6,586
Quote:
Originally Posted by the urban politician View Post
Looks like the newly rent regulation law in NYC is so heinous that at least one major NYC landlord decided that it’s better off just keeping some of those apartments vacant.

Way to create more affordable housing, fellas! Just keep passing more and more punitive laws that box business in so tightly that they have no option but to say “screw this” and hence create the opposite outcome from what the laws were intended for.



https://therealdeal.com/2019/08/27/b...uyvesant-town/
What??!?!? Poorly thought out and historically ineffective rent control rules were poorly thought out and ineffective!

Who could have seen this coming!?!?!?!?
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