‘Big Ugly’ Bill May Emerge in Albany as State Legislature Nears Break

‘Big Ugly’ Bill May Emerge in Albany as State Legislature Nears Break

I thought this was a bill about Cuomo based on the title.

 

I thought it was a reference to the mayor of NYC. Big Ugly Bill.

 

Climate Change??? They are joking right? Talk about throwing money down the toilet!

 

It doesn't look like I can read it without subscribing.

 

Ah yes, rent control. Or as I like to call it "how to keep lower income democratic voters, that are dependent on the system, in a small, yet densely populated area -- for the purpose of winning elections."

 

The tenant protection bill passed today and expected to be signed by FUAC is crippling to the landlords. Another nail in the coffin of NYC.

 

Yup. The city and/or state will raise taxes beyond what the landlords are allowed to raise rents and then the landlords will have to eat the difference.

Unfortunately people would screw themselves but I'd like to see it played out this way. If the state won't allow landlords to raise rents to cover the tax increase then the landlords should stop paying the taxes. Once all the properties are seized by the banks or counties then we'll see how long these "rent control" laws last.

 

Now, now.

In fairness, it also disincentives landlords from maintaining or improving their properties.

So those people also get to live in deteriorating shitholes. Which the politicians blame on capitalist slumlords.

 

Rent control is fine with me i don't need the roaches to scatter north.

 

I'm sure they are counting on that.

There would be an uproar if the government seized the properties without some pretense.

Just one more step toward communism. When the government owns your house they can set all sorts of rules they can't implement for the rest of us.

 

No need to squeeze on taxes. The real plan is to have the city seize buildings with open violations (because landlords can't afford to fix them). Count on that in next year's session.

Of course the buildings will then be sold in sweetheart deals to DiBozo's cronies.

 

If a landlord has no choice but to eat the difference or lose his property to the City-State, then he should evict everyone and have the property razed to the ground.
What are the tax rates for empty lots?

 

If its ten bucks a year but its sitting there not making you any money, it's too much.

 

Moore smoke and mirrors i think the original laws were to protect the elderly who were living in these same apartments for decades from being evicted or priced out of there homes look at what it's degenerated into

 

You’re fine with it in NYC now but the D legislature wants to impose it statewide.

 

The legislature isn't finished with gun control this session either ....

 

Subsonic is correct, there is a push to roll it out statewide.

New York Needs Universal Rent Control Now

 

It's not just a push, it's been passed, and Cuomo will sign it.

New Rent Laws Pass in N.Y.: ‘The Pendulum Is Swinging’ Against Landlords

Once that happens any locality can enact rent control. It's not being forced on municipalities by the state (yet), but expect to see cities and towns upstate rolling it out.