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Navigating Rent Control in New York
This chapter examines the intricate landscape of rent control and rent stabilization in New York, focusing on their historical context, current challenges, and impacts on both landlords and tenants. It highlights the financial strains faced by property owners due to stagnant rents and rising expenses, as well as the implications of recent legislation on rental practices. The discussion also explores the diverse perspectives of investors and the challenges of maintaining housing quality amidst evolving regulatory pressures.