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November 5, 2015 | Globe St. | James Nelson

Three months ago, I wrote about the implications of The Rent Act of 2015 for New York City landlords. Many owners may falsely believe that a new Mayor could overturn these rulings. Alternatively, others might think that these new laws will soon be appealed regardless. Unfortunately, it is not so simple.

I recently sat with Patrick Siconolfi, executive director of the Community Housing Improvement Program, to get a better sense. He advised that The Rent Act of 2015 is a state law passed by the NY State Legislature. The Governor signed it into law. Although Mayor de Blasio was extremely vocal in his support for many tenant friendly provisions, he did not have a vote...

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