NEW YORK (CBSNewYork/AP) — Tenants and housing advocates are holding a protest outside the governor’s office in New York City over the overnight expiration of the state rent control law.
The rent regulations covering more than 2 million New York City tenants officially expired at midnight. Despite dire warnings, state lawmakers failed to agree on an extension.
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The regulations dictate rent increases and eviction policies.
Negotiations continue over renewing the law, with Gov. Andrew Cuomo and Mayor Bill de Blasio both vowing to go after landlords who might try to exploit the law’s expiration.
“Any landlord that tries to take advantage of this situation we will go after,” de Blasio said. “You have everything from the opportunity to get them fined to even the potential of criminal charges.”
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