Evaluating the Rent Crisis

Initial results from a survey on the city’s housing stock provide ample evidence that the city is still in a housing emergency and it’s necessary for rent regulations to be both preserved and strengthened, according to City Council members, de Blasio administration officials and a bevy of housing advocates and tenants at a hearing on Monday.

While everyone present appeared to be in agreement, there were a couple parties that, in written testimony, begged to differ: both the Rent Stabilization Association and the Community Housing Improvement Program, trade associations representing property owners, say it is high time for the end of rent regulation.

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