New York Community Bank: About Those Rent Control Laws

Visit New York State Legislature; Click "Laws" at the top of the page; Click "Laws of New York" Scroll to the bottom of the resulting page and click on "ADC " — New York City Administrative Code — under "Miscellaneous." Relevant sections of the law are under Title 19, Chapter 5. Important Disclaimer

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By law, the donors have given up control of their donation when they put the money. asked Jane Wilton, general counsel of the New York Community Trust, a 95-year-old sponsor of charitable funds in.

Does Rent Control Benefit Those. laws of economics as other goods that consumers need: When the demand for a product consistently exceeds the supply, prices will rise until the quantity demanded is.

A rent reform package that will dramatically alter the New york housing landscape became law Friday despite efforts from the real estate community to prompt an eleventh-hour reversal. The.

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7 days ago · But then a "second generation" of rent controls arose in the 1970s. These new laws never became that widespread; they’re currently imposed by around 180 local and municipal governments, all in New.

New York Gov. Mario Cuomo calls New York’s new rent control law "the most sweeping, aggressive tenant protections in state history." Opponents of the law, which Cuomo enacted June 14, feel that it represents a troubling move against apartment owners and developers in New York, particularly in New York City.

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Real estate industry groups said the bills would do serious damage to housing in the city by reducing incentives for landlords to renovate existing apartments and to build affordable new ones.

About New York Community Bancorp, Inc. One of the largest U.S. bank holding companies, with assets of $49.0 billion, New York Community Bancorp, Inc. is a leading producer of multi-family loans on rent-regulated buildings in New York City and the parent of New york community bank and New york commercial bank.

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Close to half of New York state’s residents rent across three million households, the report found. And of those. rent control would be implemented. “Andrew Cuomo might have a better understanding.