Posted on June 20, 2017 by Amy Zimmer in DNAinfo DNAinfo, By Amy Zimmer The state’s outdated rent stabilization rules aren’t enough to stamp out the city’s soaring homeless crisis — as skyrocketing rent prices let owners drop out of the program once a vacant unit’s price hits $2,700 per month, according to a new report calling attention to the needs of homeless children and their families. Advocates estimate that 150,000 rent-stabilized units were taken off the rolls in this way between 1994 and 2012 and say the law gives landlords a direct incentive to evict tenants, according to the report released Monday by the Family Homelessness Task Force.
