This morning, Roger Hannigan Gilson published an analysis of the new legislation pertaining to rent stabilization and other protections for renters on his blog The Other Hudson Valley: "Rent Stabilization is Coming Upstate. Will It Matter?" The short answer for Hudson, according to Gilson: "Much of the new law would not affect Hudson."
To the contrary, many parts of the new law effect all dwelling units, including those in Hudson. The Real Estate Board of New York has produced this memo discussing the new law: https://rebny.com/content/rebny/en/newsroom/in-the-news/2019/Housing_Stability_Tenant_Protection_Act_2019.html.
To the contrary, many parts of the new law effect all dwelling units, including those in Hudson. The Real Estate Board of New York has produced this memo discussing the new law: https://rebny.com/content/rebny/en/newsroom/in-the-news/2019/Housing_Stability_Tenant_Protection_Act_2019.html.
ReplyDeleteMuch of the affordable housing in Hudson was substandard at best, or criminal at its worst.
ReplyDeleteNew York State is expensive to build in, and nothing is affordable if you have no job.
Those are the two issues in Hudson.
Rent stabilization is not going to change that.