The battle by tenant advocates to repeal a key rent regulation law favored by landlords just got a boost from a Republican.
Last week Frank Padavan, a Republican state Senator from Queens with an independent streak, signed on as a co-sponsor to a bill that would repeal vacancy decontrol, a law that allows landlords the ability to remove their apartments from rent stabilization when units go vacant. The legislative skirmish is being closely watched (and influenced) by tenants and landlords alike, as a repeal of the law would have far-reaching consequences for many renters and property owners.
Mr. read more »