De Blasio Pushes for New Rent Stabilization Protections

With New York City’s rent stabilization laws set to expire in just over a month, Mayor de Blasio has proposed three reforms that he hopes will both stop the city’s pool of one-million rent stabilized apartments from shrinking, and slow rent increases in stabilized apartments.

According to official city documents, 35,000 apartments have lost their stabilization status since 2011, and have been converted to market-rate units.