- Associated Press - Thursday, July 7, 2016

NEW YORK (AP) - The Rent Stabilization Association wants New York City’s Rent Guidelines Board to overturn the recent rent freeze on one-year leases for tenants in rent-stabilized apartments.

The landlord group filed the suit Thursday. It charges the freeze was based on tenant affordability, which it says violates the rent stabilization law. It states the freeze was approved to accommodate Mayor Bill de Blasio’s political agenda.

The mayor’s office says the board “independently decided on a rent freeze based on the hard numbers.” It says de Blasio “won’t back down in the face of these political attacks.”

The city has more than 1 million rent-stabilized apartments. The association represents 25,000 landlords.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide